Modera Wealth Management LLC Sells 1,851 Shares of Barclays PLC (NYSE:BCS)

Modera Wealth Management LLC decreased its holdings in Barclays PLC (NYSE:BCS) by 14.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,989 shares of the financial services provider’s stock after selling 1,851 shares during the period. Modera Wealth Management LLC’s holdings in Barclays were worth $146,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. FMR LLC lifted its stake in shares of Barclays by 11.6% in the 3rd quarter. FMR LLC now owns 6,432,007 shares of the financial services provider’s stock valued at $78,149,000 after purchasing an additional 667,498 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new stake in Barclays during the 3rd quarter valued at $52,335,000. Natixis Advisors LLC lifted its position in Barclays by 286.1% in the third quarter. Natixis Advisors LLC now owns 3,565,033 shares of the financial services provider’s stock worth $43,315,000 after buying an additional 2,641,608 shares during the last quarter. Todd Asset Management LLC boosted its stake in Barclays by 0.5% during the fourth quarter. Todd Asset Management LLC now owns 3,484,974 shares of the financial services provider’s stock worth $46,315,000 after buying an additional 18,854 shares during the period. Finally, ABC Arbitrage SA bought a new position in Barclays during the fourth quarter valued at $21,514,000. Hedge funds and other institutional investors own 3.39% of the company’s stock.

Barclays Stock Up 3.2 %

NYSE:BCS opened at $16.21 on Thursday. The company has a market cap of $58.43 billion, a price-to-earnings ratio of 8.81, a price-to-earnings-growth ratio of 0.39 and a beta of 1.38. Barclays PLC has a twelve month low of $8.77 and a twelve month high of $16.27. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 5.33. The stock has a fifty day simple moving average of $14.49 and a 200-day simple moving average of $13.27.

Barclays (NYSE:BCS) last announced 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 net margin of 20.81% and a return on equity of 7.74%. Analysts anticipate that Barclays PLC will post 2 EPS for the current year.

Barclays Increases Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Friday, April 4th. Investors of record on Friday, February 28th will be paid a $0.2737 dividend. The ex-dividend date of this dividend is 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 28.80%.

Analyst Upgrades and Downgrades

BCS has been the topic of several analyst reports. StockNews.com downgraded shares of Barclays from a “buy” rating to a “hold” rating in a report on Thursday, February 27th. BNP Paribas upgraded Barclays from a “neutral” rating to an “outperform” rating in a research report on Tuesday. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy”.

Barclays 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.