Ellevest Inc. Acquires New Holdings in Barclays PLC (NYSE:BCS)

Ellevest Inc. bought a new position in Barclays PLC (NYSE:BCS) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 22,129 shares of the financial services provider’s stock, valued at approximately $294,000.

Other large investors have also recently bought and sold shares of the company. Brooklyn Investment Group bought a new stake in Barclays during the fourth quarter valued at $26,000. Activest Wealth Management purchased a new position in shares of Barclays during the 4th quarter valued at about $33,000. Sierra Ocean LLC purchased a new position in Barclays in the 4th quarter worth $38,000. TD Private Client Wealth LLC boosted its holdings in Barclays by 135.5% during the 4th quarter. TD Private Client Wealth LLC now owns 2,916 shares of the financial services provider’s stock valued at $39,000 after acquiring an additional 1,678 shares during the period. Finally, Farther Finance Advisors LLC grew its holdings in shares of Barclays by 36.8% in the fourth quarter. Farther Finance Advisors LLC now owns 3,762 shares of the financial services provider’s stock worth $50,000 after purchasing an additional 1,011 shares during the last quarter. 3.39% of the stock is owned by institutional investors.

Barclays Price Performance

NYSE BCS opened at $16.52 on Friday. 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 firm has a market capitalization of $59.18 billion, a P/E ratio of 8.98, a PEG ratio of 0.39 and a beta of 1.10. The company has a 50-day moving average price of $15.25 and a 200-day moving average price of $14.33. Barclays PLC has a 52 week low of $10.17 and a 52 week high of $16.57.

Barclays (NYSE:BCS) last posted its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $0.65 EPS for the quarter, topping the consensus estimate of $0.61 by $0.04. The firm had revenue of $10.32 billion for the quarter, compared to the consensus estimate of $8.37 billion. Barclays had a return on equity of 7.74% and a net margin of 20.81%. Equities research analysts anticipate that Barclays PLC will post 2 earnings per share for the current year.

Barclays Increases Dividend

The firm also recently disclosed a semi-annual dividend, which was paid on Friday, April 4th. Stockholders of record on Friday, February 28th were paid a $0.2737 dividend. This is a positive change from Barclays’s previous semi-annual dividend of $0.27. The ex-dividend date was Friday, February 28th. This represents a dividend yield of 2.7%. Barclays’s dividend payout ratio is 27.92%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on BCS. BNP Paribas raised Barclays from a “neutral” rating to an “outperform” rating in a research note on Tuesday, March 4th. StockNews.com cut shares of Barclays from a “buy” rating to a “hold” rating in a report on Thursday, February 27th.

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.