Barclays PLC (NYSE:BCS) Shares Purchased by XTX Topco Ltd

XTX Topco Ltd boosted its stake in Barclays PLC (NYSE:BCS) by 273.9% in the 2nd quarter, Holdings Channel reports. The firm owned 160,034 shares of the financial services provider’s stock after purchasing an additional 117,227 shares during the period. XTX Topco Ltd’s holdings in Barclays were worth $1,714,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BCS. Acadian Asset Management LLC grew its stake in shares of Barclays by 1,362.1% in the second quarter. Acadian Asset Management LLC now owns 19,682,115 shares of the financial services provider’s stock valued at $210,762,000 after buying an additional 18,335,937 shares in the last quarter. Renaissance Technologies LLC grew its position in Barclays by 190.9% in the 2nd quarter. Renaissance Technologies LLC now owns 3,661,086 shares of the financial services provider’s stock valued at $39,210,000 after acquiring an additional 2,402,500 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in Barclays by 4.7% during the second quarter. Envestnet Asset Management Inc. now owns 2,358,375 shares of the financial services provider’s stock worth $25,258,000 after purchasing an additional 105,857 shares during the period. Cubist Systematic Strategies LLC lifted its position in shares of Barclays by 231.3% during the fourth quarter. Cubist Systematic Strategies LLC now owns 2,323,096 shares of the financial services provider’s stock worth $18,306,000 after purchasing an additional 1,621,896 shares in the last quarter. Finally, National Bank of Canada FI boosted its stake in shares of Barclays by 6,028.3% in the first quarter. National Bank of Canada FI now owns 1,718,379 shares of the financial services provider’s stock valued at $16,239,000 after purchasing an additional 1,690,339 shares during the period. Hedge funds and other institutional investors own 3.39% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on BCS. Kepler Capital Markets initiated coverage on shares of Barclays in a report on Thursday, September 5th. They set a “buy” rating on the stock. StockNews.com upgraded Barclays from a “hold” rating to a “buy” rating in a research note on Tuesday, July 9th. One equities research analyst has rated the stock with a sell rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Barclays currently has a consensus rating of “Moderate Buy”.

Barclays Stock Performance

Shares of Barclays stock opened at $12.24 on Friday. The business has a 50-day simple moving average of $11.73 and a 200-day simple moving average of $10.74. The company has a debt-to-equity ratio of 5.98, a quick ratio of 1.39 and a current ratio of 1.39. Barclays PLC has a one year low of $6.23 and a one year high of $12.49. The company has a market cap of $45.35 billion, a PE ratio of 9.13, a P/E/G ratio of 0.63 and a beta of 1.43.

Barclays (NYSE:BCS) last posted its quarterly earnings results on Thursday, August 1st. The financial services provider reported $0.42 EPS for the quarter, topping the consensus estimate of $0.40 by $0.02. Barclays had a net margin of 16.83% and a return on equity of 5.94%. The company had revenue of $7.98 billion during the quarter. During the same quarter last year, the firm earned $0.43 EPS. On average, equities research analysts forecast that Barclays PLC will post 1.68 EPS for the current fiscal year.

Barclays Increases Dividend

The firm also recently announced a semi-annual dividend, which will be paid on Friday, September 20th. Investors of record on Friday, August 16th will be issued a $0.2684 dividend. This represents a yield of 3.6%. The ex-dividend date is Friday, August 16th. This is a positive change from Barclays’s previous semi-annual dividend of $0.27. Barclays’s dividend payout ratio is 21.64%.

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.