Sage Rhino Capital LLC Sells 912 Shares of Barclays PLC (NYSE:BCS)

Sage Rhino Capital LLC lessened its holdings in shares of Barclays PLC (NYSE:BCS) by 5.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 16,604 shares of the financial services provider’s stock after selling 912 shares during the period. Sage Rhino Capital LLC’s holdings in Barclays were worth $221,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in BCS. Allspring Global Investments Holdings LLC grew its holdings in shares of Barclays by 33.4% during the third quarter. Allspring Global Investments Holdings LLC now owns 21,726 shares of the financial services provider’s stock worth $264,000 after purchasing an additional 5,439 shares during the last quarter. Private Advisor Group LLC grew its holdings in shares of Barclays by 48.6% during the third quarter. Private Advisor Group LLC now owns 35,170 shares of the financial services provider’s stock worth $427,000 after purchasing an additional 11,500 shares during the last quarter. International Assets Investment Management LLC boosted its holdings in Barclays by 1,115.0% in the third quarter. International Assets Investment Management LLC now owns 19,440 shares of the financial services provider’s stock valued at $2,360,000 after acquiring an additional 17,840 shares during the last quarter. US Bancorp DE increased its position in Barclays by 29.9% in the third quarter. US Bancorp DE now owns 190,432 shares of the financial services provider’s stock worth $2,314,000 after purchasing an additional 43,786 shares during the period. Finally, Concurrent Investment Advisors LLC bought a new stake in Barclays during the 3rd quarter worth about $126,000. Institutional investors own 3.39% of the company’s stock.

Barclays Price Performance

BCS opened at $15.84 on Tuesday. The company has a fifty day moving average price of $14.39 and a two-hundred day moving average price of $13.23. The firm has a market capitalization of $57.11 billion, a PE ratio of 8.61, a P/E/G ratio of 0.39 and a beta of 1.41. Barclays PLC has a 52 week low of $8.63 and a 52 week high of $16.23. The company has a debt-to-equity ratio of 5.33, a quick ratio of 1.29 and a current ratio of 1.29.

Barclays (NYSE:BCS) last posted its quarterly earnings results on Tuesday, February 18th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, topping 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%. As a group, analysts anticipate 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 will be paid on Friday, April 4th. Stockholders 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 is Friday, February 28th. Barclays’s dividend payout ratio (DPR) is currently 28.80%.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of Barclays from a “buy” rating to a “hold” rating in a research note on Thursday, February 27th.

About Barclays

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.