Whittier Trust Co. of Nevada Inc. Sells 1,086 Shares of Barclays PLC (NYSE:BCS)

Whittier Trust Co. of Nevada Inc. lowered its position in shares of Barclays PLC (NYSE:BCS) by 31.3% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 2,385 shares of the financial services provider’s stock after selling 1,086 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in Barclays were worth $29,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of BCS. Sage Mountain Advisors LLC lifted its position in Barclays by 7.7% during the 2nd quarter. Sage Mountain Advisors LLC now owns 11,767 shares of the financial services provider’s stock valued at $126,000 after acquiring an additional 838 shares during the period. Hexagon Capital Partners LLC lifted its holdings in shares of Barclays by 32.4% during the third quarter. Hexagon Capital Partners LLC now owns 4,624 shares of the financial services provider’s stock valued at $56,000 after purchasing an additional 1,132 shares during the last quarter. Legacy Wealth Asset Management LLC boosted its position in shares of Barclays by 2.0% in the 1st quarter. Legacy Wealth Asset Management LLC now owns 61,623 shares of the financial services provider’s stock worth $582,000 after purchasing an additional 1,237 shares in the last quarter. AMG National Trust Bank grew its stake in shares of Barclays by 0.4% in the 2nd quarter. AMG National Trust Bank now owns 333,744 shares of the financial services provider’s stock worth $3,574,000 after buying an additional 1,343 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in Barclays by 71.8% during the 1st quarter. EverSource Wealth Advisors LLC now owns 3,647 shares of the financial services provider’s stock valued at $37,000 after buying an additional 1,524 shares in the last quarter. Institutional investors own 3.39% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on the company. Kepler Capital Markets began coverage on Barclays in a report on Thursday, September 5th. They issued a “buy” rating on the stock. The Goldman Sachs Group started coverage on shares of Barclays in a research report on Tuesday, October 8th. They set a “buy” rating on the stock. Finally, StockNews.com raised shares of Barclays from a “hold” rating to a “buy” rating in a report 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 stock. According to MarketBeat.com, Barclays presently has a consensus rating of “Moderate Buy”.

Barclays Stock Performance

Shares of BCS opened at $13.19 on Friday. The company has a market cap of $48.85 billion, a price-to-earnings ratio of 9.84, a P/E/G ratio of 0.68 and a beta of 1.42. The business’s fifty day simple moving average is $12.08 and its two-hundred day simple moving average is $11.26. Barclays PLC has a 12 month low of $6.23 and a 12 month high of $13.20. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 5.98.

Barclays (NYSE:BCS) last released its quarterly earnings data on Thursday, August 1st. The financial services provider reported $0.42 EPS for the quarter, beating the consensus estimate of $0.40 by $0.02. Barclays had a return on equity of 5.94% and a net margin of 16.83%. The company had revenue of $7.98 billion for the quarter. During the same period last year, the business earned $0.43 earnings per share. Research analysts anticipate that Barclays PLC will post 1.63 earnings per share for the current fiscal year.

Barclays Increases Dividend

The business also recently declared a semi-annual dividend, which was paid on Friday, September 20th. Stockholders of record on Friday, August 16th were paid a $0.2684 dividend. The ex-dividend date was Friday, August 16th. This is a positive change from Barclays’s previous semi-annual dividend of $0.27. This represents a dividend yield of 3.6%. Barclays’s payout ratio is currently 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.