Barclays PLC $BCS Shares Acquired by Prospera Financial Services Inc

Prospera Financial Services Inc lifted its holdings in shares of Barclays PLC (NYSE:BCS) by 235.3% during the 3rd quarter, Holdings Channel.com reports. The fund owned 72,187 shares of the financial services provider’s stock after buying an additional 50,661 shares during the period. Prospera Financial Services Inc’s holdings in Barclays were worth $1,492,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Twin Peaks Wealth Advisors LLC acquired a new stake in Barclays during the second quarter worth approximately $27,000. Mark Sheptoff Financial Planning LLC purchased a new position in shares of Barclays in the 2nd quarter valued at $28,000. Mather Group LLC. acquired a new stake in Barclays during the 3rd quarter worth $30,000. Salomon & Ludwin LLC lifted its position in Barclays by 2,673.6% in the third quarter. Salomon & Ludwin LLC now owns 1,470 shares of the financial services provider’s stock valued at $31,000 after acquiring an additional 1,417 shares during the last quarter. Finally, True Wealth Design LLC acquired a new position in Barclays in the third quarter valued at $31,000. 3.39% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Zacks Research cut Barclays from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 28th. Morgan Stanley reaffirmed an “overweight” rating on shares of Barclays in a research report on Wednesday. Weiss Ratings reissued a “buy (b-)” rating on shares of Barclays in a report on Tuesday, December 23rd. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Barclays in a report on Friday. Finally, Citigroup reiterated a “neutral” rating on shares of Barclays in a research report on Thursday, January 22nd. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Barclays presently has a consensus rating of “Moderate Buy”.

Barclays Trading Down 1.0%

NYSE:BCS opened at $25.28 on Friday. Barclays PLC has a 12-month low of $12.14 and a 12-month high of $27.70. The company has a current ratio of 1.39, a quick ratio of 1.41 and a debt-to-equity ratio of 5.45. The stock’s 50 day simple moving average is $25.68 and its 200-day simple moving average is $22.46. The firm has a market cap of $87.33 billion, a P/E ratio of 11.04, a PEG ratio of 0.39 and a beta of 0.96.

Barclays (NYSE:BCS) last issued its quarterly earnings results on Tuesday, February 10th. The financial services provider reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.04. Barclays had a return on equity of 8.33% and a net margin of 21.91%.The firm had revenue of $72.64 million during the quarter, compared to the consensus estimate of $9.23 billion. Equities analysts anticipate that Barclays PLC will post 2 EPS for the current year.

Barclays Dividend Announcement

The company also recently announced a dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, February 20th will be issued a $0.3069 dividend. The ex-dividend date of this dividend is Friday, February 20th. This represents a dividend yield of 232.0%. Barclays’s payout ratio is presently 13.97%.

Barclays Profile

Barclays PLC (NYSE: BCS) is a British multinational bank and financial services company headquartered in London. The firm provides a broad range of banking and financial products to individual, corporate and institutional customers. Its core activities span retail and business banking, credit cards and payments, corporate and investment banking, and wealth and investment management.

In retail and business banking, Barclays offers deposit accounts, mortgages, personal and business loans, and card services.