Barclays PLC (NYSE:BCS) Shares Bought by OLD Mission Capital LLC

OLD Mission Capital LLC increased its stake in Barclays PLC (NYSE:BCS) by 2,326.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 456,812 shares of the financial services provider’s stock after acquiring an additional 437,986 shares during the quarter. OLD Mission Capital LLC’s holdings in Barclays were worth $6,071,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Raymond James Financial Inc. purchased a new position in Barclays during the 4th quarter worth approximately $59,373,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Barclays in the third quarter worth $52,335,000. ABC Arbitrage SA purchased a new position in shares of Barclays during the fourth quarter valued at $21,514,000. Natixis Advisors LLC raised its position in Barclays by 39.5% during the fourth quarter. Natixis Advisors LLC now owns 4,974,981 shares of the financial services provider’s stock valued at $66,117,000 after buying an additional 1,409,948 shares during the period. Finally, Norges Bank purchased a new stake in Barclays in the 4th quarter worth about $18,606,000. 3.39% of the stock is owned by institutional investors and hedge funds.

Barclays Stock Performance

Shares of NYSE BCS opened at $15.38 on Tuesday. The company has a debt-to-equity ratio of 5.33, a current ratio of 1.29 and a quick ratio of 1.29. Barclays PLC has a one year low of $8.95 and a one year high of $16.34. The business’s 50-day moving average price is $15.31 and its two-hundred day moving average price is $13.77. The company has a market capitalization of $55.28 billion, a P/E ratio of 8.36, a price-to-earnings-growth ratio of 0.39 and a beta of 1.38.

Barclays (NYSE:BCS) last released 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%. Analysts anticipate that Barclays PLC will post 2 earnings per share for the current fiscal year.

Barclays Increases Dividend

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

Analysts Set New Price Targets

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

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.