Barclays PLC (NYSE:BCS) Shares Bought by Natixis Advisors LLC

Natixis Advisors LLC increased its position in Barclays PLC (NYSE:BCS) by 39.5% during the fourth quarter, HoldingsChannel.com reports. The fund owned 4,974,981 shares of the financial services provider’s stock after acquiring an additional 1,409,948 shares during the quarter. Natixis Advisors LLC’s holdings in Barclays were worth $66,117,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of BCS. Lindbrook Capital LLC raised its stake in shares of Barclays by 7.7% during the 4th quarter. Lindbrook Capital LLC now owns 9,476 shares of the financial services provider’s stock worth $126,000 after buying an additional 674 shares during the last quarter. Choreo LLC lifted its holdings in shares of Barclays by 1.7% in the fourth quarter. Choreo LLC now owns 46,860 shares of the financial services provider’s stock valued at $623,000 after purchasing an additional 802 shares in the last quarter. Lake Street Advisors Group LLC increased its stake in shares of Barclays by 2.2% during the 4th quarter. Lake Street Advisors Group LLC now owns 40,500 shares of the financial services provider’s stock worth $538,000 after purchasing an additional 880 shares in the last quarter. M&T Bank Corp raised its position 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 purchasing an additional 918 shares during the last quarter. Finally, Pzena Investment Management LLC lifted its stake in Barclays by 1.1% in the 4th quarter. Pzena Investment Management LLC now owns 86,226 shares of the financial services provider’s stock valued at $1,146,000 after buying an additional 924 shares in the last quarter. 3.39% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on BCS shares. StockNews.com cut Barclays from a “buy” rating to a “hold” rating in a report on Thursday, February 27th. BNP Paribas upgraded shares of Barclays from a “neutral” rating to an “outperform” rating in a report on Tuesday, March 4th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Barclays Stock Performance

Shares of BCS stock opened at $15.71 on Friday. The company has a debt-to-equity ratio of 5.33, a quick ratio of 1.29 and a current ratio of 1.29. The firm has a market capitalization of $56.47 billion, a price-to-earnings ratio of 8.54, a price-to-earnings-growth ratio of 0.39 and a beta of 1.38. Barclays PLC has a one year low of $8.95 and a one year high of $16.33. The company has a 50 day moving average price of $14.79 and a 200 day moving average price of $13.44.

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

Barclays Increases Dividend

The firm also recently declared a semi-annual dividend, which will be paid on Friday, April 4th. Shareholders of record on Friday, February 28th will be given a dividend of $0.2737 per share. This represents a yield of 2.7%. This is a boost from Barclays’s previous semi-annual dividend of $0.27. The ex-dividend date of this dividend is Friday, February 28th. Barclays’s payout ratio is 28.80%.

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.