Aaron Wealth Advisors LLC Buys 4,959 Shares of Barclays PLC (NYSE:BCS)

Aaron Wealth Advisors LLC grew its position in Barclays PLC (NYSE:BCS) by 22.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 26,760 shares of the financial services provider’s stock after acquiring an additional 4,959 shares during the quarter. Aaron Wealth Advisors LLC’s holdings in Barclays were worth $325,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of BCS. Rothschild Investment LLC bought a new stake in Barclays in the second quarter valued at $30,000. EverSource Wealth Advisors LLC boosted its position in Barclays by 71.8% in the 1st quarter. EverSource Wealth Advisors LLC now owns 3,647 shares of the financial services provider’s stock valued at $37,000 after buying an additional 1,524 shares during the last quarter. GAMMA Investing LLC increased its position in Barclays by 51.7% in the first 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 during the period. EntryPoint Capital LLC bought a new stake in shares of Barclays during the first quarter worth approximately $48,000. Finally, Hexagon Capital Partners LLC lifted its stake in shares of Barclays by 32.4% in the 3rd quarter. Hexagon Capital Partners LLC now owns 4,624 shares of the financial services provider’s stock valued at $56,000 after purchasing an additional 1,132 shares during the period. Institutional investors and hedge funds own 3.39% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on BCS. Kepler Capital Markets began coverage on shares of Barclays in a research note on Thursday, September 5th. They set a “buy” rating on the stock. StockNews.com raised Barclays from a “hold” rating to a “buy” rating in a research report on Tuesday, July 9th. Finally, The Goldman Sachs Group initiated coverage on shares of Barclays in a research note on Tuesday, October 8th. They issued a “buy” rating for the company. One equities research analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Barclays currently has a consensus rating of “Moderate Buy”.

Barclays Stock Down 0.8 %

NYSE BCS opened at $12.84 on Friday. Barclays PLC has a fifty-two week low of $6.23 and a fifty-two week high of $12.96. The company has a debt-to-equity ratio of 5.98, a current ratio of 1.39 and a quick ratio of 1.39. The business has a fifty day moving average price of $12.01 and a two-hundred day moving average price of $11.20. The stock has a market capitalization of $47.57 billion, a PE ratio of 9.58, a PEG ratio of 0.68 and a beta of 1.42.

Barclays (NYSE:BCS) last announced its quarterly earnings results on Thursday, August 1st. The financial services provider reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.02. Barclays had a net margin of 16.83% and a return on equity of 5.94%. The firm had revenue of $7.98 billion during the quarter. During the same quarter last year, the company posted $0.43 earnings per share. Equities analysts expect that Barclays PLC will post 1.63 earnings per share for the current fiscal year.

Barclays Increases Dividend

The company also recently disclosed a semi-annual dividend, which was paid on Friday, September 20th. Stockholders of record on Friday, August 16th were paid a $0.2684 dividend. This is a positive change from Barclays’s previous semi-annual dividend of $0.27. This represents a dividend yield of 3.6%. The ex-dividend date was Friday, August 16th. Barclays’s dividend payout ratio is currently 21.64%.

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.