Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Barclays (BCS) Share Price
News articles about Barclays (NYSE:BCS) have been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. The research group ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Barclays earned a coverage optimism score of 0.13 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 47.3160507164218 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news articles that may have impacted Accern Sentiment’s rankings:
- Gold Prices Gain, Dollar Slips as U.S. Confirms Trade Talks with China (finance.yahoo.com)
- BlackRock among investors hurt by Turkey troubles: WSJ (seekingalpha.com)
- Barclays (BCS) Shifts European Branches' Ownership to Ireland (finance.yahoo.com)
- Custodial Receipts (Barclays RIB), Custodial Receipts, RIB Floater Trust, Series 2018-FR/RI-011 — Moody’s assigns enhanced Aa2 to Custodial Receipts, Series 2018-FR/RI-011C (finance.yahoo.com)
- Barclays trader reportedly took a $19 million hit from Turkish bonds (finance.yahoo.com)
Several analysts have issued reports on the stock. ValuEngine lowered shares of Barclays from a “buy” rating to a “hold” rating in a research report on Friday, April 27th. Goldman Sachs Group reaffirmed a “neutral” rating on shares of Barclays in a research report on Wednesday, May 23rd. Bank of America reaffirmed a “neutral” rating on shares of Barclays in a research report on Tuesday, June 19th. Zacks Investment Research lowered shares of Barclays from a “hold” rating to a “sell” rating in a research report on Tuesday, June 26th. Finally, UBS Group reaffirmed a “buy” rating on shares of Barclays in a research report on Wednesday, July 11th. Five investment analysts have rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $14.00.
The business also recently disclosed a special dividend, which will be paid on Monday, September 17th. Shareholders of record on Friday, August 10th will be issued a $0.131 dividend. This is an increase from Barclays’s previous special dividend of $0.11. This represents a dividend yield of 2.24%. The ex-dividend date of this dividend is Thursday, August 9th. Barclays’s payout ratio is currently 31.33%.
In other Barclays news, major shareholder Plc Barclays sold 62,390 shares of the company’s stock in a transaction on Thursday, June 28th. The shares were sold at an average price of $5.63, for a total value of $351,255.70. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.02% of the stock is owned by insiders.
Barclays Company Profile
Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, other European countries, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International divisions. It offers personal and business banking services; credit and debit cards; international banking; and private banking services, which include investment, wealth planning, and credit and specialist solutions to high net worth and ultra-high net worth clients, and family offices.
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