Barclays PLC $BCS Shares Sold by Centiva Capital LP

Centiva Capital LP lessened its stake in shares of Barclays PLC (NYSE:BCS) by 53.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 39,661 shares of the financial services provider’s stock after selling 44,830 shares during the quarter. Centiva Capital LP’s holdings in Barclays were worth $820,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Fisher Asset Management LLC grew its holdings in shares of Barclays by 13.2% during the second quarter. Fisher Asset Management LLC now owns 83,062,892 shares of the financial services provider’s stock worth $1,544,139,000 after buying an additional 9,692,999 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Barclays by 793.5% during the third quarter. Ameriprise Financial Inc. now owns 4,777,017 shares of the financial services provider’s stock valued at $99,073,000 after buying an additional 4,242,360 shares during the period. Norges Bank purchased a new position in shares of Barclays during the second quarter valued at approximately $63,206,000. 1832 Asset Management L.P. acquired a new stake in Barclays during the second quarter worth approximately $57,568,000. Finally, JPMorgan Chase & Co. grew its stake in Barclays by 1,719.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,031,480 shares of the financial services provider’s stock worth $37,765,000 after acquiring an additional 1,919,843 shares during the period. 3.39% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. Royal Bank Of Canada reissued an “outperform” rating on shares of Barclays in a research note on Friday, February 13th. Zacks Research raised Barclays from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. Morgan Stanley reiterated an “overweight” rating on shares of Barclays in a research report on Wednesday, February 11th. Erste Group Bank reissued a “hold” rating on shares of Barclays in a research note on Thursday, March 5th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Barclays in a report on Tuesday, December 23rd. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Barclays Stock Down 2.2%

Shares of BCS opened at $20.44 on Monday. Barclays PLC has a fifty-two week low of $12.14 and a fifty-two week high of $27.70. The company’s fifty day moving average is $25.28 and its two-hundred day moving average is $23.04. The firm has a market cap of $70.48 billion, a PE ratio of 8.92, a price-to-earnings-growth ratio of 0.38 and a beta of 0.95. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 5.45.

Barclays (NYSE:BCS) last released its quarterly earnings data on Tuesday, February 10th. The financial services provider reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.04. The business had revenue of $9.53 billion during the quarter, compared to the consensus estimate of $9.23 billion. Barclays had a return on equity of 8.33% and a net margin of 21.91%. Analysts forecast that Barclays PLC will post 2 earnings per share for the current year.

Barclays Announces Dividend

The company also recently declared a dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, February 20th will be paid a dividend of $0.3069 per share. The ex-dividend date is Friday, February 20th. This represents a yield of 236.0%. Barclays’s dividend payout ratio is currently 26.20%.

Barclays Profile

Barclays PLC (NYSE: BCS) is a British multinational bank and financial services company headquartered in London. The firm provides a broad range of banking and financial products to individual, corporate and institutional customers. Its core activities span retail and business banking, credit cards and payments, corporate and investment banking, and wealth and investment management.

In retail and business banking, Barclays offers deposit accounts, mortgages, personal and business loans, and card services.