Todd Asset Management LLC Acquires 134,560 Shares of Barclays PLC $BCS

Todd Asset Management LLC raised its stake in shares of Barclays PLC (NYSE:BCS) by 4.0% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 3,516,095 shares of the financial services provider’s stock after purchasing an additional 134,560 shares during the period. Barclays makes up approximately 1.5% of Todd Asset Management LLC’s portfolio, making the stock its 6th biggest holding. Todd Asset Management LLC owned about 0.10% of Barclays worth $72,678,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of BCS. Oppenheimer & Co. Inc. lifted its position in shares of Barclays by 1.1% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 42,600 shares of the financial services provider’s stock worth $881,000 after buying an additional 482 shares in the last quarter. AMG National Trust Bank increased its position in shares of Barclays by 0.5% during the second quarter. AMG National Trust Bank now owns 105,707 shares of the financial services provider’s stock valued at $1,965,000 after acquiring an additional 561 shares during the last quarter. Bleakley Financial Group LLC lifted its holdings in Barclays by 3.4% during the second quarter. Bleakley Financial Group LLC now owns 19,389 shares of the financial services provider’s stock worth $360,000 after acquiring an additional 634 shares during the period. Ashton Thomas Private Wealth LLC boosted its position in Barclays by 4.4% in the third quarter. Ashton Thomas Private Wealth LLC now owns 16,158 shares of the financial services provider’s stock worth $334,000 after purchasing an additional 685 shares during the last quarter. Finally, Prospera Financial Services Inc grew its stake in Barclays by 3.4% in the 2nd quarter. Prospera Financial Services Inc now owns 21,526 shares of the financial services provider’s stock valued at $400,000 after purchasing an additional 699 shares during the period. 3.39% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have recently issued reports on BCS. Royal Bank Of Canada restated an “outperform” rating on shares of Barclays in a research note on Friday. Weiss Ratings reissued a “buy (b-)” rating on shares of Barclays in a research report on Tuesday, December 23rd. Morgan Stanley reaffirmed an “overweight” rating on shares of Barclays in a research report on Wednesday. Citigroup reissued a “neutral” rating on shares of Barclays in a report on Thursday, January 22nd. Finally, Zacks Research cut Barclays from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 28th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Barclays currently has an average rating of “Moderate Buy”.

Barclays Trading Down 1.0%

Shares of BCS opened at $25.28 on Monday. Barclays PLC has a twelve month low of $12.14 and a twelve month high of $27.70. The stock has a market cap of $87.33 billion, a PE ratio of 11.04, a P/E/G ratio of 0.38 and a beta of 0.96. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 5.45. The business’s 50-day moving average price is $25.68 and its 200-day moving average price is $22.50.

Barclays (NYSE:BCS) last posted its quarterly earnings data on Tuesday, February 10th. The financial services provider reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.04. The company had revenue of $72.64 million during the quarter, compared to analyst estimates of $9.23 billion. Barclays had a return on equity of 8.33% and a net margin of 21.91%. On average, equities analysts forecast that Barclays PLC will post 2 EPS for the current fiscal year.

Barclays Dividend Announcement

The business also recently announced a dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, February 20th will be paid a $0.3069 dividend. This represents a yield of 232.0%. The ex-dividend date of this dividend is Friday, February 20th. Barclays’s dividend payout ratio (DPR) is currently 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.