Caprock Group LLC Buys New Shares in Barclays PLC $BCS

Caprock Group LLC acquired a new position in Barclays PLC (NYSE:BCS) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 65,232 shares of the financial services provider’s stock, valued at approximately $1,291,000.

A number of other large investors also recently modified their holdings of BCS. Fisher Asset Management LLC boosted its stake in Barclays by 13.2% in the second quarter. Fisher Asset Management LLC now owns 83,062,892 shares of the financial services provider’s stock worth $1,544,139,000 after buying an additional 9,692,999 shares in the last quarter. Sei Investments Co. boosted its stake in shares of Barclays by 13.6% in the 2nd quarter. Sei Investments Co. now owns 3,687,598 shares of the financial services provider’s stock valued at $68,553,000 after purchasing an additional 442,798 shares in the last quarter. American Century Companies Inc. grew its holdings in shares of Barclays by 4.7% during the 2nd quarter. American Century Companies Inc. now owns 3,478,821 shares of the financial services provider’s stock valued at $64,671,000 after purchasing an additional 155,397 shares during the last quarter. Norges Bank purchased a new position in Barclays in the 2nd quarter worth $63,206,000. Finally, 1832 Asset Management L.P. bought a new stake in Barclays in the second quarter worth $57,568,000. 3.39% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

BCS has been the topic of a number of recent research reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Barclays in a research note on Tuesday, December 23rd. Zacks Research cut Barclays from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 28th. Citigroup reissued a “neutral” rating on shares of Barclays in a research note on Thursday, January 22nd. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Barclays in a research note on Friday. Finally, Morgan Stanley reissued an “overweight” rating on shares of Barclays in a research report on Wednesday. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Barclays Price Performance

Shares of NYSE BCS opened at $25.28 on Friday. Barclays PLC has a 1 year low of $12.14 and a 1 year high of $27.70. The stock has a market capitalization of $87.33 billion, a P/E ratio of 11.04, a P/E/G ratio of 0.39 and a beta of 0.96. The company’s 50-day moving average is $25.68 and its 200 day moving average is $22.48. The company has a debt-to-equity ratio of 5.45, a current ratio of 1.39 and a quick ratio of 1.41.

Barclays (NYSE:BCS) last posted its quarterly earnings data on Tuesday, February 10th. The financial services provider reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.04. Barclays had a return on equity of 8.33% and a net margin of 21.91%.The business had revenue of $72.64 million for the quarter, compared to analysts’ expectations of $9.23 billion. On average, sell-side analysts expect that Barclays PLC will post 2 earnings per share for the current year.

Barclays Announces Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, February 20th will be given a dividend of $0.3069 per share. The ex-dividend date of this dividend is Friday, February 20th. This represents a yield of 232.0%. Barclays’s dividend payout ratio (DPR) is currently 13.97%.

Barclays Company Profile

Barclays PLC (NYSE: BCS) is a British multinational bank and financial services company headquartered in London. The firm provides a broad range of banking and financial products to individual, corporate and institutional customers. Its core activities span retail and business banking, credit cards and payments, corporate and investment banking, and wealth and investment management.

In retail and business banking, Barclays offers deposit accounts, mortgages, personal and business loans, and card services.