Fox Run Management L.L.C. Invests $607,000 in Barclays PLC $BCS

Fox Run Management L.L.C. purchased a new stake in Barclays PLC (NYSE:BCS) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 29,348 shares of the financial services provider’s stock, valued at approximately $607,000.

A number of other large investors have also recently bought and sold shares of the stock. Illumine Investment Management LLC acquired a new position in Barclays in the third quarter worth $2,195,000. Todd Asset Management LLC raised its holdings in shares of Barclays by 4.0% in the third quarter. Todd Asset Management LLC now owns 3,516,095 shares of the financial services provider’s stock valued at $72,678,000 after buying an additional 134,560 shares during the last quarter. New York State Common Retirement Fund raised its holdings in shares of Barclays by 10.4% in the third quarter. New York State Common Retirement Fund now owns 1,830,351 shares of the financial services provider’s stock valued at $37,833,000 after buying an additional 172,944 shares during the last quarter. RWA Wealth Partners LLC acquired a new position in Barclays during the 2nd quarter worth about $654,000. Finally, Voya Investment Management LLC grew its holdings in Barclays by 39.5% during the 3rd quarter. Voya Investment Management LLC now owns 146,796 shares of the financial services provider’s stock worth $3,034,000 after acquiring an additional 41,585 shares during the last quarter. 3.39% of the stock is currently owned by institutional investors.

Barclays Trading Down 4.1%

NYSE BCS opened at $24.26 on Friday. Barclays PLC has a 12 month low of $12.14 and a 12 month high of $27.70. The stock has a 50-day simple moving average of $25.95 and a 200 day simple moving average of $22.87. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 5.45. The company has a market capitalization of $83.77 billion, a PE ratio of 10.59, a P/E/G ratio of 0.47 and a beta of 0.96.

Barclays (NYSE:BCS) last issued its earnings results on Tuesday, February 10th. The financial services provider reported $0.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.04. Barclays had a return on equity of 8.33% and a net margin of 21.91%. Research analysts forecast that Barclays PLC will post 2 EPS for the current year.

Barclays Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, February 20th will be issued a dividend of $0.3069 per share. The ex-dividend date is Friday, February 20th. This represents a yield of 236.0%. Barclays’s payout ratio is currently 25.76%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on BCS. Zacks Research upgraded shares of Barclays from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. Morgan Stanley restated an “overweight” rating on shares of Barclays in a research report on Wednesday, February 11th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Barclays in a research report on Tuesday, December 23rd. Royal Bank Of Canada restated an “outperform” rating on shares of Barclays in a research report on Friday, February 13th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Barclays in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

About Barclays

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.