Barclays PLC (NYSE:BCS) Shares Sold by Pingora Partners LLC

Pingora Partners LLC decreased its holdings in Barclays PLC (NYSE:BCS) by 11.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 8,900 shares of the financial services provider’s stock after selling 1,200 shares during the quarter. Pingora Partners LLC’s holdings in Barclays were worth $118,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Raymond James Financial Inc. acquired a new position in Barclays during the 4th quarter worth approximately $59,373,000. Bank of Montreal Can grew its stake in shares of Barclays by 667.4% during the fourth quarter. Bank of Montreal Can now owns 3,603,127 shares of the financial services provider’s stock worth $47,886,000 after purchasing an additional 3,133,632 shares in the last quarter. Wells Fargo & Company MN increased its holdings in Barclays by 423.9% in the fourth quarter. Wells Fargo & Company MN now owns 2,897,984 shares of the financial services provider’s stock valued at $38,514,000 after buying an additional 2,344,858 shares during the last quarter. Marshall Wace LLP acquired a new stake in Barclays in the fourth quarter valued at $26,932,000. Finally, ABC Arbitrage SA acquired a new stake in Barclays in the fourth quarter valued at $21,514,000. Hedge funds and other institutional investors own 3.39% of the company’s stock.

Barclays Stock Down 0.1 %

Barclays stock opened at $15.63 on Friday. The company has a market capitalization of $55.97 billion, a P/E ratio of 8.49, a PEG ratio of 0.39 and a beta of 1.11. The company has a debt-to-equity ratio of 5.33, a quick ratio of 1.29 and a current ratio of 1.29. Barclays PLC has a fifty-two week low of $10.14 and a fifty-two week high of $16.34. The stock has a 50-day simple moving average of $15.12 and a 200-day simple moving average of $14.05.

Barclays (NYSE:BCS) last issued its quarterly earnings data on Tuesday, February 18th. The financial services provider reported $0.34 earnings per share for the quarter, beating 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%. Equities research analysts expect that Barclays PLC will post 2 earnings per share for the current year.

Barclays Increases Dividend

The firm also recently declared a semi-annual dividend, which was paid on Friday, April 4th. Investors of record on Friday, February 28th were paid a dividend of $0.2737 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a yield of 2.7%. This is a boost from Barclays’s previous semi-annual dividend of $0.27. Barclays’s dividend payout ratio is currently 29.89%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on BCS. StockNews.com downgraded Barclays from a “buy” rating to a “hold” rating in a report on Thursday, February 27th. BNP Paribas upgraded shares of Barclays from a “neutral” rating to an “outperform” rating in a research note on Tuesday, March 4th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

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.