Callan Capital LLC Raises Position in Barclays PLC (NYSE:BCS)

Callan Capital LLC grew its holdings in shares of Barclays PLC (NYSE:BCS) by 5.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 19,930 shares of the financial services provider’s stock after purchasing an additional 1,013 shares during the quarter. Callan Capital LLC’s holdings in Barclays were worth $265,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in BCS. Choreo LLC increased its holdings in shares of Barclays by 1.7% during the 4th quarter. Choreo LLC now owns 46,860 shares of the financial services provider’s stock worth $623,000 after buying an additional 802 shares during the last quarter. M&T Bank Corp increased its holdings in shares of Barclays by 4.7% during the 3rd quarter. M&T Bank Corp now owns 20,568 shares of the financial services provider’s stock worth $250,000 after buying an additional 918 shares during the last quarter. Apollon Wealth Management LLC increased its holdings in shares of Barclays by 10.0% during the 3rd quarter. Apollon Wealth Management LLC now owns 11,826 shares of the financial services provider’s stock worth $144,000 after buying an additional 1,075 shares during the last quarter. Certuity LLC increased its holdings in shares of Barclays by 11.0% during the 4th quarter. Certuity LLC now owns 11,435 shares of the financial services provider’s stock worth $152,000 after buying an additional 1,134 shares during the last quarter. Finally, OVERSEA CHINESE BANKING Corp Ltd increased its holdings in shares of Barclays by 6.9% during the 3rd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 17,565 shares of the financial services provider’s stock worth $213,000 after buying an additional 1,137 shares during the last quarter. Hedge funds and other institutional investors own 3.39% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded Barclays from a “strong-buy” rating to a “buy” rating in a report on Thursday, January 16th.

Barclays Trading Down 0.0 %

BCS stock opened at $15.17 on Friday. Barclays PLC has a 52 week low of $8.32 and a 52 week high of $15.65. The company has a market cap of $54.68 billion, a price-to-earnings ratio of 8.24, a PEG ratio of 0.39 and a beta of 1.41. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 5.33. The business has a fifty day simple moving average of $14.10 and a 200-day simple moving average of $13.03.

Barclays (NYSE:BCS) last announced its quarterly earnings results on Tuesday, February 18th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.15. Barclays had a return on equity of 7.74% and a net margin of 20.81%. On average, equities research analysts expect that Barclays PLC will post 2 EPS for the current year.

Barclays Increases Dividend

The business also recently declared a semi-annual dividend, which will be paid on Friday, April 4th. Investors of record on Friday, February 28th will be issued a $0.2737 dividend. This is an increase from Barclays’s previous semi-annual dividend of $0.27. This represents a yield of 2.7%. The ex-dividend date of this dividend is Friday, February 28th. Barclays’s dividend payout ratio is currently 16.30%.

Barclays 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.