EverSource Wealth Advisors LLC Purchases 16,418 Shares of Barclays PLC (NYSE:BCS)

EverSource Wealth Advisors LLC raised its position in Barclays PLC (NYSE:BCS) by 362.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,952 shares of the financial services provider’s stock after buying an additional 16,418 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Barclays were worth $278,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in BCS. Lindbrook Capital LLC lifted its holdings in Barclays by 7.7% during the fourth quarter. Lindbrook Capital LLC now owns 9,476 shares of the financial services provider’s stock valued at $126,000 after purchasing an additional 674 shares during the last quarter. Choreo LLC raised its position in shares of Barclays by 1.7% in the fourth quarter. Choreo LLC now owns 46,860 shares of the financial services provider’s stock valued at $623,000 after purchasing an additional 802 shares during the period. Lake Street Advisors Group LLC lifted its stake in shares of Barclays by 2.2% during the 4th quarter. Lake Street Advisors Group LLC now owns 40,500 shares of the financial services provider’s stock valued at $538,000 after buying an additional 880 shares in the last quarter. M&T Bank Corp boosted its holdings in Barclays by 4.7% in the 3rd quarter. M&T Bank Corp now owns 20,568 shares of the financial services provider’s stock worth $250,000 after buying an additional 918 shares during the period. Finally, Pzena Investment Management LLC grew its stake in Barclays by 1.1% in the 4th quarter. Pzena Investment Management LLC now owns 86,226 shares of the financial services provider’s stock valued at $1,146,000 after buying an additional 924 shares in the last quarter. Hedge funds and other institutional investors own 3.39% of the company’s stock.

Barclays Stock Up 4.5 %

Shares of NYSE:BCS opened at $15.71 on Friday. The company has a market cap of $56.47 billion, a price-to-earnings ratio of 8.54, a PEG ratio of 0.39 and a beta of 1.38. Barclays PLC has a one year low of $8.95 and a one year high of $16.33. The firm has a fifty day moving average price of $14.79 and a two-hundred day moving average price of $13.44. The company has a debt-to-equity ratio of 5.33, a current ratio of 1.29 and a quick ratio of 1.29.

Barclays (NYSE:BCS) last announced its earnings results on Tuesday, February 18th. The financial services provider reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.15. Barclays had a return on equity of 7.74% and a net margin of 20.81%. Analysts anticipate that Barclays PLC will post 2 EPS for the current fiscal year.

Barclays Increases Dividend

The business also recently declared a semi-annual dividend, which will be paid on Friday, April 4th. Shareholders of record on Friday, February 28th will be paid a $0.2737 dividend. This represents a yield of 2.7%. The ex-dividend date of this dividend is Friday, February 28th. This is a boost from Barclays’s previous semi-annual dividend of $0.27. Barclays’s payout ratio is currently 28.80%.

Analysts Set New Price Targets

A number of research firms have recently commented on BCS. BNP Paribas raised Barclays from a “neutral” rating to an “outperform” rating in a report on Tuesday, March 4th. StockNews.com lowered Barclays from a “buy” rating to a “hold” rating in a report on Thursday, February 27th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, Barclays presently has an average rating of “Moderate Buy”.

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.