Sei Investments Co. Buys 198,724 Shares of Barclays PLC (NYSE:BCS)

Sei Investments Co. boosted its position in shares of Barclays PLC (NYSE:BCS) by 6.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,270,195 shares of the financial services provider’s stock after purchasing an additional 198,724 shares during the quarter. Sei Investments Co. owned about 0.09% of Barclays worth $43,461,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. American Century Companies Inc. increased its stake in shares of Barclays by 9.8% during the fourth quarter. American Century Companies Inc. now owns 5,635,864 shares of the financial services provider’s stock valued at $74,901,000 after buying an additional 505,351 shares during the period. TD Private Client Wealth LLC increased its position in Barclays by 135.5% during the 4th quarter. TD Private Client Wealth LLC now owns 2,916 shares of the financial services provider’s stock valued at $39,000 after purchasing an additional 1,678 shares during the period. PDS Planning Inc bought a new stake in shares of Barclays in the 4th quarter valued at about $141,000. Signaturefd LLC lifted its position in shares of Barclays by 5.9% in the 4th quarter. Signaturefd LLC now owns 75,139 shares of the financial services provider’s stock worth $999,000 after purchasing an additional 4,183 shares during the period. Finally, Twin Tree Management LP increased its holdings in Barclays by 34.5% during the fourth quarter. Twin Tree Management LP now owns 297,705 shares of the financial services provider’s stock valued at $3,956,000 after buying an additional 76,415 shares during the period. 3.39% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Barclays Price Performance

Shares of BCS opened at $16.03 on Tuesday. The company has a 50 day moving average of $15.13 and a two-hundred day moving average of $13.62. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 5.33. Barclays PLC has a twelve month low of $8.95 and a twelve month high of $16.33. The company has a market cap of $57.64 billion, a price-to-earnings ratio of 8.71, a price-to-earnings-growth ratio of 0.39 and a beta of 1.38.

Barclays (NYSE:BCS) last posted its quarterly earnings data 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%. As a group, analysts predict that Barclays PLC will post 2 earnings per share for the current fiscal year.

Barclays Increases Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Friday, April 4th. Investors of record on Friday, February 28th will be given a $0.2737 dividend. This is a positive change from Barclays’s previous semi-annual dividend of $0.27. This represents a dividend yield of 2.7%. The ex-dividend date of this dividend is Friday, February 28th. Barclays’s dividend payout ratio (DPR) is presently 28.80%.

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.