Neuberger Berman Group LLC Buys 195,825 Shares of Barclays PLC (NYSE:BCS)

Neuberger Berman Group LLC increased its position in shares of Barclays PLC (NYSE:BCS) by 51.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 579,964 shares of the financial services provider’s stock after purchasing an additional 195,825 shares during the quarter. Neuberger Berman Group LLC’s holdings in Barclays were worth $7,708,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of BCS. Capital Fund Management S.A. lifted its holdings in shares of Barclays by 192.0% during the 4th quarter. Capital Fund Management S.A. now owns 565,868 shares of the financial services provider’s stock worth $7,520,000 after acquiring an additional 372,095 shares during the period. DRW Securities LLC lifted its stake in Barclays by 1,090.4% during the fourth quarter. DRW Securities LLC now owns 169,649 shares of the financial services provider’s stock worth $2,255,000 after purchasing an additional 155,397 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in shares of Barclays by 95.7% in the 4th quarter. Renaissance Technologies LLC now owns 882,386 shares of the financial services provider’s stock valued at $11,727,000 after purchasing an additional 431,486 shares in the last quarter. Bank of Montreal Can increased its stake in shares of Barclays by 667.4% in the 4th quarter. Bank of Montreal Can now owns 3,603,127 shares of the financial services provider’s stock valued at $47,886,000 after purchasing an additional 3,133,632 shares during the last quarter. Finally, Quadrant Capital Group LLC raised its holdings in shares of Barclays by 7.0% during the 4th quarter. Quadrant Capital Group LLC now owns 30,166 shares of the financial services provider’s stock worth $401,000 after buying an additional 1,961 shares in the last quarter. 3.39% of the stock is currently owned by institutional investors and hedge funds.

Barclays Trading Down 3.0 %

NYSE BCS opened at $13.55 on Friday. Barclays PLC has a twelve month low of $8.95 and a twelve month high of $16.34. The business’s fifty day moving average is $15.15 and its 200 day moving average is $13.87. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 5.33. The company has a market cap of $48.70 billion, a price-to-earnings ratio of 7.36, a price-to-earnings-growth ratio of 0.39 and a beta of 1.11.

Barclays (NYSE:BCS) last released its quarterly earnings results on Tuesday, February 18th. The financial services provider reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.15. Barclays had a return on equity of 7.74% and a net margin of 20.81%. As a group, sell-side analysts expect that Barclays PLC will post 2 EPS for the current fiscal year.

Barclays Increases Dividend

The firm also recently declared a semi-annual dividend, which was paid on Friday, April 4th. Stockholders 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 dividend yield of 2.7%. This is an increase from Barclays’s previous semi-annual dividend of $0.27. Barclays’s dividend payout ratio (DPR) is presently 29.89%.

Analyst Ratings Changes

BCS has been the topic of several research analyst reports. StockNews.com lowered Barclays from a “buy” rating to a “hold” rating in a research note on Thursday, February 27th. BNP Paribas raised shares of 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 stock. According to data from MarketBeat.com, the company 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.