Shares of Barclays (NYSE:BCS) have been given a consensus rating of “Hold” by the sixteen analysts that are currently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a sell recommendation, six have given a hold recommendation and six have issued a buy recommendation on the company.
A number of research firms recently weighed in on BCS. JPMorgan Chase reaffirmed a “buy” rating on shares of Barclays in a report on Monday, March 19th. Zacks Investment Research raised shares of Barclays from a “sell” rating to a “hold” rating in a report on Monday, January 22nd. Investec cut shares of Barclays from a “buy” rating to a “hold” rating in a report on Tuesday, March 20th. Morgan Stanley cut shares of Barclays from an “overweight” rating to an “equal” rating in a report on Wednesday, January 10th. Finally, Goldman Sachs raised shares of Barclays from a “sell” rating to a “neutral” rating in a report on Thursday, March 8th.
In other Barclays news, major shareholder Plc Barclays sold 4,019 shares of the firm’s stock in a transaction dated Tuesday, March 13th. The shares were sold at an average price of $11.07, for a total transaction of $44,490.33. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In the last three months, insiders have sold 29,627 shares of company stock worth $300,992. 0.02% of the stock is owned by corporate insiders.
A number of institutional investors have recently added to or reduced their stakes in the business. Fisher Asset Management LLC increased its stake in Barclays by 9.7% during the 4th quarter. Fisher Asset Management LLC now owns 22,652,176 shares of the financial services provider’s stock valued at $246,909,000 after buying an additional 1,997,444 shares during the period. Jane Street Group LLC boosted its position in shares of Barclays by 33.9% during the 4th quarter. Jane Street Group LLC now owns 8,504,935 shares of the financial services provider’s stock valued at $92,704,000 after purchasing an additional 2,153,809 shares in the last quarter. Deutsche Bank AG boosted its position in shares of Barclays by 516.1% during the 4th quarter. Deutsche Bank AG now owns 6,954,812 shares of the financial services provider’s stock valued at $75,807,000 after purchasing an additional 5,826,043 shares in the last quarter. Parametric Portfolio Associates LLC boosted its position in shares of Barclays by 13.7% during the 3rd quarter. Parametric Portfolio Associates LLC now owns 3,730,934 shares of the financial services provider’s stock valued at $38,615,000 after purchasing an additional 450,707 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its position in shares of Barclays by 28.3% during the 4th quarter. Renaissance Technologies LLC now owns 1,171,303 shares of the financial services provider’s stock valued at $12,767,000 after purchasing an additional 258,100 shares in the last quarter. 2.55% of the stock is currently owned by hedge funds and other institutional investors.
Shares of BCS stock traded down $0.18 during trading hours on Wednesday, reaching $11.64. The stock had a trading volume of 3,656,873 shares, compared to its average volume of 4,100,545. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 4.10. Barclays has a twelve month low of $9.29 and a twelve month high of $12.47. The stock has a market cap of $50,423.42, a PE ratio of 14.10, a price-to-earnings-growth ratio of 0.58 and a beta of 0.81.
The business also recently announced a special dividend, which will be paid on Thursday, April 5th. Shareholders of record on Friday, March 2nd will be paid a dividend of $0.1115 per share. The ex-dividend date is Thursday, March 1st. Barclays’s payout ratio is 26.51%.
Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, other European countries, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International divisions. It offers personal and business banking services; credit and debit cards; international banking; and private banking services, which include investment, wealth planning, and credit and specialist solutions to high net worth and ultra-high net worth clients, and family offices.
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