Todd Asset Management LLC Has $46.32 Million Holdings in Barclays PLC (NYSE:BCS)

Todd Asset Management LLC grew its position in shares of Barclays PLC (NYSE:BCS) by 0.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,484,974 shares of the financial services provider’s stock after purchasing an additional 18,854 shares during the quarter. Barclays makes up 1.1% of Todd Asset Management LLC’s holdings, making the stock its 27th biggest holding. Todd Asset Management LLC’s holdings in Barclays were worth $46,315,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. Bank of New York Mellon Corp boosted its stake in shares of Barclays by 8.9% during the fourth quarter. Bank of New York Mellon Corp now owns 900,577 shares of the financial services provider’s stock valued at $11,969,000 after purchasing an additional 73,724 shares in the last quarter. Callan Capital LLC boosted its position in shares of Barclays by 5.4% during the 4th quarter. Callan Capital LLC now owns 19,930 shares of the financial services provider’s stock worth $265,000 after purchasing an additional 1,013 shares in the last quarter. Leuthold Group LLC boosted its position in shares of Barclays by 1,221.7% during the 4th quarter. Leuthold Group LLC now owns 339,520 shares of the financial services provider’s stock worth $4,512,000 after purchasing an additional 313,831 shares in the last quarter. Legacy Capital Group California Inc. bought a new position in shares of Barclays during the 4th quarter worth about $197,000. Finally, Concurrent Investment Advisors LLC boosted its position in shares of Barclays by 97.7% during the 4th quarter. Concurrent Investment Advisors LLC now owns 20,512 shares of the financial services provider’s stock worth $273,000 after purchasing an additional 10,137 shares in the last quarter. 3.39% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of Barclays from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 16th.

Barclays Trading Down 0.4 %

Shares of BCS stock opened at $15.13 on Tuesday. The company has a 50 day moving average of $14.13 and a 200-day moving average of $13.08. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 5.33. Barclays PLC has a 12-month low of $8.37 and a 12-month high of $15.65. The firm has a market cap of $54.53 billion, a P/E ratio of 8.22, a PEG ratio of 0.39 and a beta of 1.40.

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

Barclays Increases Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Friday, April 4th. Stockholders of record on Friday, February 28th will be issued a dividend of $0.2737 per share. This is an increase from Barclays’s previous semi-annual dividend of $0.27. This represents a dividend yield of 2.7%. The ex-dividend date is Friday, February 28th. Barclays’s 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.