OLD National Bancorp IN reduced its position in Barclays PLC (NYSE:BCS) by 13.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,501 shares of the financial services provider’s stock after selling 5,976 shares during the quarter. OLD National Bancorp IN’s holdings in Barclays were worth $480,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also recently modified their holdings of the company. Sage Mountain Advisors LLC boosted its holdings in Barclays by 7.7% in the 2nd quarter. Sage Mountain Advisors LLC now owns 11,767 shares of the financial services provider’s stock worth $126,000 after buying an additional 838 shares during the period. Hexagon Capital Partners LLC lifted its position in shares of Barclays by 32.4% in the third quarter. Hexagon Capital Partners LLC now owns 4,624 shares of the financial services provider’s stock valued at $56,000 after acquiring an additional 1,132 shares in the last quarter. Legacy Wealth Asset Management LLC boosted its stake in shares of Barclays by 2.0% in the first quarter. Legacy Wealth Asset Management LLC now owns 61,623 shares of the financial services provider’s stock worth $582,000 after acquiring an additional 1,237 shares during the period. AMG National Trust Bank grew its position in shares of Barclays by 0.4% during the second quarter. AMG National Trust Bank now owns 333,744 shares of the financial services provider’s stock worth $3,574,000 after purchasing an additional 1,343 shares in the last quarter. Finally, GAMMA Investing LLC lifted its holdings in Barclays by 51.7% in the 1st quarter. GAMMA Investing LLC now owns 4,411 shares of the financial services provider’s stock worth $42,000 after purchasing an additional 1,503 shares in the last quarter. 3.39% of the stock is currently owned by institutional investors.
Barclays Stock Performance
NYSE BCS opened at $12.76 on Wednesday. The company has a debt-to-equity ratio of 5.98, a current ratio of 1.39 and a quick ratio of 1.39. Barclays PLC has a 1-year low of $6.23 and a 1-year high of $12.96. The business has a 50 day simple moving average of $12.06 and a two-hundred day simple moving average of $11.26. The stock has a market capitalization of $47.28 billion, a PE ratio of 9.52, a P/E/G ratio of 0.68 and a beta of 1.42.
Barclays Increases Dividend
The firm also recently announced a semi-annual dividend, which was paid on Friday, September 20th. Stockholders of record on Friday, August 16th were issued a $0.2684 dividend. The ex-dividend date of this dividend was Friday, August 16th. This is an increase from Barclays’s previous semi-annual dividend of $0.27. This represents a dividend yield of 3.6%. Barclays’s payout ratio is 21.64%.
Analyst Ratings Changes
A number of brokerages have issued reports on BCS. StockNews.com raised shares of Barclays from a “hold” rating to a “buy” rating in a report on Tuesday, July 9th. The Goldman Sachs Group initiated coverage on shares of Barclays in a research note on Tuesday, October 8th. They set a “buy” rating for the company. Finally, Kepler Capital Markets began coverage on shares of Barclays in a research note on Thursday, September 5th. They issued a “buy” rating on the stock. One investment analyst has rated the stock with a sell rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.
Check Out Our Latest Stock Report on Barclays
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.
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