Ethic Inc. Has $2.18 Million Position in Barclays PLC (NYSE:BCS)

Ethic Inc. raised its holdings in Barclays PLC (NYSE:BCS) by 33.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 163,997 shares of the financial services provider’s stock after buying an additional 41,501 shares during the period. Ethic Inc.’s holdings in Barclays were worth $2,180,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Lindbrook Capital LLC lifted its position in Barclays by 7.7% in the 4th quarter. Lindbrook Capital LLC now owns 9,476 shares of the financial services provider’s stock valued at $126,000 after acquiring an additional 674 shares in the last quarter. Covenant Partners LLC raised its stake in shares of Barclays by 0.8% in the fourth quarter. Covenant Partners LLC now owns 102,166 shares of the financial services provider’s stock worth $1,358,000 after purchasing an additional 772 shares during the last quarter. Choreo LLC lifted its holdings 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 in the last quarter. Forum Financial Management LP boosted its position in shares of Barclays by 1.8% during the fourth quarter. Forum Financial Management LP now owns 48,199 shares of the financial services provider’s stock valued at $641,000 after buying an additional 874 shares during the last quarter. Finally, Lake Street Advisors Group LLC grew its holdings in Barclays by 2.2% during the fourth quarter. Lake Street Advisors Group LLC now owns 40,500 shares of the financial services provider’s stock worth $538,000 after buying an additional 880 shares in the last quarter. 3.39% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. StockNews.com cut Barclays from a “buy” rating to a “hold” rating in a research note on Thursday, February 27th. BNP Paribas upgraded shares of Barclays from a “neutral” rating to an “outperform” rating in a report on Tuesday, March 4th.

Barclays Stock Performance

BCS stock opened at $16.52 on Monday. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 5.33. The firm has a market cap of $59.18 billion, a PE ratio of 8.98, a P/E/G ratio of 0.39 and a beta of 1.10. The business has a 50 day moving average of $15.25 and a 200-day moving average of $14.34. Barclays PLC has a 12-month low of $10.17 and a 12-month high of $16.87.

Barclays (NYSE:BCS) last announced its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.04. Barclays had a return on equity of 7.74% and a net margin of 20.81%. The firm had revenue of $10.32 billion during the quarter, compared to the consensus estimate of $8.37 billion. As a group, sell-side analysts expect that Barclays PLC will post 2 earnings per share for the current year.

Barclays Increases Dividend

The business also recently declared a semi-annual dividend, which was paid on Friday, April 4th. Investors of record on Friday, February 28th were given a dividend of $0.2737 per share. The ex-dividend date was Friday, February 28th. This represents a yield of 2.7%. This is a positive change from Barclays’s previous semi-annual dividend of $0.27. Barclays’s dividend payout ratio is presently 27.92%.

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.