Signaturefd LLC Sells 5,991 Shares of Barclays PLC (NYSE:BCS)

Signaturefd LLC cut its holdings in shares of Barclays PLC (NYSE:BCS) by 10.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 52,562 shares of the financial services provider’s stock after selling 5,991 shares during the period. Signaturefd LLC’s holdings in Barclays were worth $414,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BCS. Grantham Mayo Van Otterloo & Co. LLC lifted its stake in Barclays by 147.5% during the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 2,121,462 shares of the financial services provider’s stock worth $16,526,000 after purchasing an additional 1,264,134 shares during the last quarter. Causeway Capital Management LLC lifted its stake in shares of Barclays by 19.5% in the 3rd quarter. Causeway Capital Management LLC now owns 4,042,661 shares of the financial services provider’s stock valued at $31,492,000 after acquiring an additional 658,639 shares during the last quarter. Natixis Advisors L.P. lifted its stake in shares of Barclays by 16.7% in the 3rd quarter. Natixis Advisors L.P. now owns 2,520,873 shares of the financial services provider’s stock valued at $19,638,000 after acquiring an additional 360,390 shares during the last quarter. Ramirez Asset Management Inc. bought a new position in shares of Barclays in the 3rd quarter valued at $2,416,000. Finally, Rathbones Group PLC bought a new position in shares of Barclays in the 3rd quarter valued at $2,063,000. 3.39% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut Barclays from a “buy” rating to a “hold” rating in a research note on Wednesday, February 21st. One analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, Barclays currently has an average rating of “Hold” and an average price target of $190.00.

Barclays Stock Performance

NYSE BCS opened at $10.36 on Friday. The company has a market capitalization of $39.26 billion, a price-to-earnings ratio of 7.56, a PEG ratio of 0.37 and a beta of 1.48. Barclays PLC has a twelve month low of $6.23 and a twelve month high of $10.45. The stock has a fifty day simple moving average of $9.10 and a 200 day simple moving average of $7.94. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 5.63.

Barclays (NYSE:BCS) last posted its quarterly earnings data on Tuesday, February 20th. The financial services provider reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.39). The company had revenue of $6.95 billion during the quarter, compared to analyst estimates of $7.38 billion. Barclays had a net margin of 16.82% and a return on equity of 6.09%. Sell-side analysts expect that Barclays PLC will post 1.58 EPS for the current year.

Barclays Increases Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Wednesday, April 3rd. Investors of record on Friday, March 1st were issued a $0.2671 dividend. This represents a yield of 4.6%. This is an increase from Barclays’s previous semi-annual dividend of $0.14. The ex-dividend date of this dividend was Thursday, February 29th. Barclays’s dividend payout ratio is presently 37.96%.

Barclays Profile

Barclays PLC provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International division segments. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.