Barclays PLC (NYSE:BCS) Stock Holdings Lowered by XTX Topco Ltd

XTX Topco Ltd reduced its position in Barclays PLC (NYSE:BCS) by 87.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,242 shares of the financial services provider’s stock after selling 104,293 shares during the period. XTX Topco Ltd’s holdings in Barclays were worth $203,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in BCS. Brooklyn Investment Group purchased a new position in Barclays during the fourth quarter valued at approximately $26,000. Activest Wealth Management acquired a new stake in shares of Barclays in the fourth quarter valued at about $33,000. Sierra Ocean LLC bought a new position in shares of Barclays in the fourth quarter worth about $38,000. TD Private Client Wealth LLC increased its stake in shares of Barclays by 135.5% in the fourth quarter. TD Private Client Wealth LLC now owns 2,916 shares of the financial services provider’s stock worth $39,000 after purchasing an additional 1,678 shares during the period. Finally, Versant Capital Management Inc bought a new position in shares of Barclays in the fourth quarter worth about $44,000. 3.39% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have commented on BCS. StockNews.com downgraded Barclays from a “buy” rating to a “hold” rating in a research report on Thursday, February 27th. BNP Paribas raised Barclays from a “neutral” rating to an “outperform” rating in a report on Tuesday, March 4th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Barclays Stock Performance

Barclays stock opened at $15.80 on Monday. The stock has a 50-day simple moving average of $15.12 and a 200 day simple moving average of $14.10. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 5.33. Barclays PLC has a 12-month low of $10.15 and a 12-month high of $16.34. The stock has a market capitalization of $56.60 billion, a price-to-earnings ratio of 8.59, a P/E/G ratio of 0.39 and a beta of 1.11.

Barclays (NYSE:BCS) last announced its quarterly earnings data on Tuesday, February 18th. The financial services provider reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.15. Barclays had a return on equity of 7.74% and a net margin of 20.81%. On average, research analysts anticipate that Barclays PLC will post 2 earnings per share for the current fiscal year.

Barclays Increases Dividend

The company also recently announced a semi-annual dividend, which was paid on Friday, April 4th. Shareholders of record on Friday, February 28th were paid a $0.2737 dividend. This represents a yield of 2.7%. The ex-dividend date was Friday, February 28th. This is an increase from Barclays’s previous semi-annual dividend of $0.27. Barclays’s dividend payout ratio is presently 29.89%.

About Barclays

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.