14,841 Shares in Barclays PLC (NYSE:BCS) Acquired by Legacy Capital Group California Inc.

Legacy Capital Group California Inc. purchased a new stake in Barclays PLC (NYSE:BCS) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 14,841 shares of the financial services provider’s stock, valued at approximately $197,000.

A number of other large investors have also recently bought and sold shares of the company. Brooklyn Investment Group acquired a new stake in shares of Barclays during the 4th quarter worth approximately $26,000. Activest Wealth Management bought a new stake in Barclays during the fourth quarter worth $33,000. Sierra Ocean LLC acquired a new stake in shares of Barclays in the 4th quarter valued at $38,000. Versant Capital Management Inc bought a new position in shares of Barclays in the 4th quarter valued at $44,000. Finally, Global Retirement Partners LLC raised its holdings in shares of Barclays by 290.8% during the 4th quarter. Global Retirement Partners LLC now owns 6,413 shares of the financial services provider’s stock worth $85,000 after buying an additional 4,772 shares in the last quarter. 3.39% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Barclays Price Performance

Shares of NYSE:BCS opened at $15.17 on Friday. The firm has a 50 day simple moving average of $14.10 and a 200 day simple moving average of $13.02. The company has a market cap of $54.68 billion, a price-to-earnings ratio of 8.24, a PEG ratio of 0.40 and a beta of 1.41. Barclays PLC has a one year low of $8.32 and a one year high of $15.65. 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 released its quarterly earnings data on Tuesday, February 18th. The financial services provider reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.15. Barclays had a return on equity of 7.74% and a net margin of 20.81%. Research analysts predict that Barclays PLC will post 2 earnings per share for the current fiscal year.

Barclays Increases Dividend

The company also recently declared a semi-annual dividend, which will be paid on Friday, April 4th. Stockholders of record on Friday, February 28th will be issued a dividend of $0.2737 per share. This is a boost 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 payout ratio is 28.80%.

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.