Sierra Ocean LLC Acquires New Holdings in Barclays PLC (NYSE:BCS)

Sierra Ocean LLC acquired a new stake in Barclays PLC (NYSE:BCS) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 2,896 shares of the financial services provider’s stock, valued at approximately $38,000.

A number of other institutional investors have also made changes to their positions in BCS. FMR LLC increased its position in Barclays by 11.6% in the 3rd quarter. FMR LLC now owns 6,432,007 shares of the financial services provider’s stock worth $78,149,000 after buying an additional 667,498 shares during the period. Public Employees Retirement System of Ohio bought a new position in Barclays in the 3rd quarter worth approximately $52,335,000. Raymond James & Associates increased its position in Barclays by 11.9% in the 3rd quarter. Raymond James & Associates now owns 4,007,379 shares of the financial services provider’s stock worth $48,690,000 after buying an additional 426,815 shares during the period. Natixis Advisors LLC increased its position in Barclays by 286.1% in the 3rd quarter. Natixis Advisors LLC now owns 3,565,033 shares of the financial services provider’s stock worth $43,315,000 after buying an additional 2,641,608 shares during the period. Finally, ABC Arbitrage SA bought a new position in Barclays in the 4th quarter worth approximately $21,514,000. 3.39% of the stock is owned by institutional investors.

Barclays Stock Performance

BCS opened at $14.86 on Tuesday. The stock has a market cap of $53.60 billion, a PE ratio of 10.11, a P/E/G ratio of 0.46 and a beta of 1.41. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 5.67. Barclays PLC has a 1 year low of $7.24 and a 1 year high of $15.43. The stock’s 50 day simple moving average is $13.93 and its 200-day simple moving average is $12.89.

Barclays (NYSE:BCS) last released its quarterly earnings data on Tuesday, February 18th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.15. Barclays had a return on equity of 6.30% and a net margin of 17.83%. Sell-side analysts forecast that Barclays PLC will post 1.53 EPS for the current year.

Barclays Increases Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Friday, April 4th. Stockholders of record on Friday, February 28th will be given a dividend of $0.2737 per share. The ex-dividend date is Friday, February 28th. This is a boost from Barclays’s previous semi-annual dividend of $0.27. This represents a dividend yield of 2.7%. Barclays’s payout ratio is currently 20.41%.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded Barclays from a “strong-buy” rating to a “buy” rating in a research report on Thursday, January 16th.

Barclays 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.