O Shaughnessy Asset Management LLC Sells 55,471 Shares of Barclays PLC (NYSE:BCS)

O Shaughnessy Asset Management LLC cut its stake in Barclays PLC (NYSE:BCS) by 5.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 996,445 shares of the financial services provider’s stock after selling 55,471 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Barclays were worth $13,243,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Lindbrook Capital LLC boosted its stake in shares of 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 purchasing an additional 674 shares during the last quarter. Choreo LLC boosted its position in Barclays by 1.7% during the fourth quarter. Choreo LLC now owns 46,860 shares of the financial services provider’s stock valued at $623,000 after acquiring an additional 802 shares during the last quarter. Lake Street Advisors Group LLC grew its holdings in 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 worth $538,000 after acquiring an additional 880 shares during the period. M&T Bank Corp raised its position in shares of 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 acquiring an additional 918 shares in the last quarter. Finally, Pzena Investment Management LLC lifted its stake in shares of 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 purchasing an additional 924 shares during the period. Institutional investors and hedge funds own 3.39% of the company’s stock.

Barclays Stock Performance

Shares of Barclays stock opened at $15.42 on Monday. The business has a 50-day simple moving average of $15.29 and a 200 day simple moving average of $13.74. Barclays PLC has a one year low of $8.95 and a one year high of $16.34. The company has a debt-to-equity ratio of 5.33, a current ratio of 1.29 and a quick ratio of 1.29. The firm has a market capitalization of $55.43 billion, a price-to-earnings ratio of 8.38, a PEG ratio of 0.39 and a beta of 1.38.

Barclays (NYSE:BCS) last released its quarterly earnings data on Tuesday, February 18th. The financial services provider reported $0.34 EPS 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%. On average, research analysts anticipate that Barclays PLC will post 2 earnings per share for the current fiscal year.

Barclays Increases Dividend

The firm also recently disclosed 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 dividend yield of 2.7%. This is a positive change from Barclays’s previous semi-annual dividend of $0.27. The ex-dividend date is Friday, February 28th. Barclays’s dividend payout ratio (DPR) is 29.89%.

Analyst Ratings Changes

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

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.