Barclays PLC (LON:BARC) Insider Buys £49,955.68 in Stock

Barclays PLC (LON:BARC) insider Michael Ashley acquired 47,128 shares of the stock in a transaction that occurred on Thursday, March 12th. The stock was purchased at an average price of GBX 106 ($1.39) per share, for a total transaction of £49,955.68 ($65,713.86).

Michael Ashley also recently made the following trade(s):

  • On Thursday, March 5th, Michael Ashley acquired 36,685 shares of Barclays stock. The stock was purchased at an average price of GBX 136 ($1.79) per share, for a total transaction of £49,891.60 ($65,629.57).

Shares of Barclays stock opened at GBX 102.38 ($1.35) on Monday. The stock has a market cap of $17.74 billion and a P/E ratio of 7.26. The stock’s 50 day simple moving average is GBX 161.92 and its 200-day simple moving average is GBX 163.66. Barclays PLC has a 1-year low of GBX 117.92 ($1.55) and a 1-year high of GBX 192.99 ($2.54).

The business also recently announced a dividend, which will be paid on Friday, April 3rd. Stockholders of record on Thursday, February 27th will be issued a dividend of GBX 6 ($0.08) per share. This is a boost from Barclays’s previous dividend of $3.00. This represents a dividend yield of 3.35%. The ex-dividend date of this dividend is Thursday, February 27th. Barclays’s payout ratio is currently 0.64%.

Several equities research analysts recently issued reports on the company. Morgan Stanley reiterated an “equal weight” rating on shares of Barclays in a report on Tuesday, November 19th. Societe Generale cut Barclays to a “hold” rating and lowered their price objective for the stock from GBX 220 ($2.89) to GBX 160 ($2.10) in a report on Tuesday, March 3rd. Goldman Sachs Group lowered their price objective on Barclays from GBX 240 ($3.16) to GBX 215 ($2.83) and set a “neutral” rating on the stock in a report on Tuesday, March 10th. JPMorgan Chase & Co. set a GBX 210 ($2.76) price objective on Barclays and gave the stock a “buy” rating in a report on Tuesday, March 10th. Finally, UBS Group reiterated a “buy” rating and issued a GBX 205 ($2.70) price objective on shares of Barclays in a report on Wednesday, February 19th. Seven investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of GBX 208.33 ($2.74).

Barclays Company Profile

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 financial services, including retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.

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