Natixis raised its stake in Barclays PLC (NYSE:BCS) by 73.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 115,437 shares of the financial services provider’s stock after purchasing an additional 48,916 shares during the period. Natixis’ holdings in Barclays were worth $1,158,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds also recently bought and sold shares of the company. ETRADE Capital Management LLC lifted its holdings in shares of Barclays by 60.4% in the 1st quarter. ETRADE Capital Management LLC now owns 16,594 shares of the financial services provider’s stock valued at $196,000 after buying an additional 6,247 shares during the period. Oppenheimer Asset Management Inc. raised its holdings in Barclays by 21.1% during the first quarter. Oppenheimer Asset Management Inc. now owns 407,935 shares of the financial services provider’s stock worth $4,821,000 after purchasing an additional 71,112 shares during the last quarter. Natixis Advisors L.P. raised its holdings in shares of Barclays by 4.0% in the first quarter. Natixis Advisors L.P. now owns 892,675 shares of the financial services provider’s stock worth $10,551,000 after acquiring an additional 34,262 shares during the last quarter. First Republic Investment Management Inc. raised its holdings in shares of Barclays by 181.0% in the first quarter. First Republic Investment Management Inc. now owns 43,080 shares of the financial services provider’s stock worth $7,510,000 after acquiring an additional 27,751 shares during the last quarter. Finally, Franklin Resources Inc. raised its holdings in shares of Barclays by 0.8% in the first quarter. Franklin Resources Inc. now owns 923,993 shares of the financial services provider’s stock worth $10,922,000 after acquiring an additional 7,632 shares during the last quarter. 3.48% of the stock is currently owned by institutional investors.
Shares of NYSE BCS traded down $0.05 on Friday, hitting $8.69. The company had a trading volume of 3,923,019 shares, compared to its average volume of 3,185,417. Barclays PLC has a 12-month low of $8.56 and a 12-month high of $12.55. The company has a debt-to-equity ratio of 4.91, a current ratio of 1.50 and a quick ratio of 1.50. The company has a market capitalization of $38.18 billion, a price-to-earnings ratio of 10.47, a PEG ratio of 0.33 and a beta of 0.75.
Barclays (NYSE:BCS) last issued its earnings results on Thursday, August 2nd. The financial services provider reported $0.43 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.29 by $0.14. Barclays had a positive return on equity of 5.42% and a negative net margin of 0.36%. The company had revenue of $7.59 billion during the quarter, compared to the consensus estimate of $7.01 billion. Research analysts expect that Barclays PLC will post 1.04 EPS for the current fiscal year.
The firm also recently declared a special dividend, which was paid on Monday, September 17th. Investors of record on Friday, August 10th were paid a $0.131 dividend. This is a boost from Barclays’s previous special dividend of $0.11. The ex-dividend date of this dividend was Thursday, August 9th. This represents a dividend yield of 2.24%. Barclays’s payout ratio is 30.12%.
A number of equities analysts have recently weighed in on BCS shares. Bank of America reissued a “neutral” rating on shares of Barclays in a report on Tuesday, June 19th. Zacks Investment Research downgraded Barclays from a “hold” rating to a “sell” rating in a research report on Tuesday, June 26th. ValuEngine downgraded Barclays from a “sell” rating to a “strong sell” rating in a research report on Monday, July 2nd. UBS Group reaffirmed a “buy” rating on shares of Barclays in a research report on Wednesday, July 11th. Finally, JPMorgan Chase & Co. reissued a “buy” rating on shares of Barclays in a research report on Tuesday, September 4th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $14.00.
Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, other European countries, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International divisions. It offers personal and business banking services; credit and debit cards; international banking; and private banking services, which include investment, wealth planning, and credit and specialist solutions to high net worth and ultra-high net worth clients, and family offices.
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