Allworth Financial LP Buys 1,283 Shares of Barclays PLC (NYSE:BCS)

Allworth Financial LP lifted its stake in Barclays PLC (NYSE:BCS) by 27.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,011 shares of the financial services provider’s stock after buying an additional 1,283 shares during the period. Allworth Financial LP’s holdings in Barclays were worth $87,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in BCS. Brooklyn Investment Group acquired a new stake in shares of Barclays during the 4th quarter valued at about $26,000. Activest Wealth Management bought a new stake in shares of Barclays in the 4th quarter valued at approximately $33,000. Versant Capital Management Inc acquired a new position in shares of Barclays in the 4th quarter worth approximately $44,000. Wilmington Savings Fund Society FSB bought a new position in shares of Barclays during the 3rd quarter worth approximately $120,000. Finally, Coldstream Capital Management Inc. acquired a new stake in Barclays in the 3rd quarter valued at $125,000. 3.39% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Barclays from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 16th.

Barclays Price Performance

Shares of BCS stock opened at $15.13 on Tuesday. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 5.33. The firm has a market capitalization of $54.53 billion, a price-to-earnings ratio of 8.22, a PEG ratio of 0.39 and a beta of 1.41. The firm’s 50 day moving average is $14.13 and its 200-day moving average is $13.08. Barclays PLC has a 1 year low of $8.37 and a 1 year high of $15.65.

Barclays (NYSE:BCS) last issued its quarterly earnings results on Tuesday, February 18th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.15. Barclays had a return on equity of 7.74% and a net margin of 20.81%. Sell-side analysts forecast that Barclays PLC will post 2 EPS for the current fiscal year.

Barclays Increases Dividend

The business also recently announced a semi-annual dividend, which will be paid on Friday, April 4th. Stockholders of record on Friday, February 28th will be given a dividend of $0.2737 per share. This is a positive change from Barclays’s previous semi-annual dividend of $0.27. This represents a dividend yield of 2.7%. The ex-dividend date of this dividend is Friday, February 28th. Barclays’s payout ratio is presently 16.30%.

Barclays Company 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.