Barclays PLC (NYSE:BCS) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totalling 6,300,000 shares, an increase of 5.2% from the July 15th total of 5,990,000 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 11,610,000 shares, the days-to-cover ratio is currently 0.5 days.
Wall Street Analyst Weigh In
Several research analysts recently commented on BCS shares. Deutsche Bank Aktiengesellschaft started coverage on shares of Barclays in a research note on Thursday, May 9th. They issued a “buy” rating on the stock. StockNews.com raised shares of Barclays from a “hold” rating to a “buy” rating in a research note on Tuesday, July 9th.
Read Our Latest Analysis on Barclays
Institutional Trading of Barclays
Barclays Stock Performance
NYSE:BCS opened at $11.98 on Tuesday. The stock has a market cap of $44.37 billion, a P/E ratio of 8.94, a price-to-earnings-growth ratio of 0.62 and a beta of 1.44. The firm’s fifty day simple moving average is $11.24 and its 200 day simple moving average is $10.13. Barclays has a twelve month low of $6.23 and a twelve month high of $12.11. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 6.15.
Barclays (NYSE:BCS – Get Free Report) last announced its earnings results on Thursday, August 1st. The financial services provider reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.02. Barclays had a net margin of 16.83% and a return on equity of 5.96%. The firm had revenue of $7.98 billion for the quarter. During the same quarter last year, the firm posted $0.43 EPS. As a group, research analysts predict that Barclays will post 1.68 EPS for the current year.
Barclays Increases Dividend
The firm also recently announced a semi-annual dividend, which will be paid on Friday, September 20th. Stockholders of record on Friday, August 16th will be issued a dividend of $0.2684 per share. This represents a dividend yield of 3.6%. The ex-dividend date is Friday, August 16th. This is a boost from Barclays’s previous semi-annual dividend of $0.27. Barclays’s payout ratio is 21.64%.
About Barclays
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.
See Also
- Five stocks we like better than Barclays
- Uptrend Stocks Explained: Learn How to Trade Using Uptrends
- Goodyear Tire Stock: Bargain Buy or Time to Junk It?
- What is a Low P/E Ratio and What Does it Tell Investors?
- Merck’s Stock Dip Offers a Buying Opportunity: Here’s Why
- How to Find Undervalued Stocks
- 3 Stocks with Surging Call Option Volume in the Recovery Rally
Receive News & Ratings for Barclays Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barclays and related companies with MarketBeat.com's FREE daily email newsletter.