Cookson Peirce & Co. Inc. Has $17.45 Million Holdings in Barclays PLC $BCS

Cookson Peirce & Co. Inc. lifted its position in shares of Barclays PLC (NYSE:BCS) by 3.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 844,367 shares of the financial services provider’s stock after purchasing an additional 25,421 shares during the quarter. Cookson Peirce & Co. Inc.’s holdings in Barclays were worth $17,453,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. NewEdge Advisors LLC raised its holdings in Barclays by 72.8% during the first quarter. NewEdge Advisors LLC now owns 47,051 shares of the financial services provider’s stock worth $723,000 after buying an additional 19,818 shares during the last quarter. Sivia Capital Partners LLC increased its position in shares of Barclays by 19.6% during the second quarter. Sivia Capital Partners LLC now owns 23,572 shares of the financial services provider’s stock worth $438,000 after acquiring an additional 3,868 shares in the last quarter. IFP Advisors Inc raised its holdings in shares of Barclays by 129.3% in the 2nd quarter. IFP Advisors Inc now owns 7,183 shares of the financial services provider’s stock worth $134,000 after acquiring an additional 4,050 shares during the last quarter. Johnson Investment Counsel Inc. lifted its position in Barclays by 5.1% in the 2nd quarter. Johnson Investment Counsel Inc. now owns 16,518 shares of the financial services provider’s stock valued at $307,000 after acquiring an additional 802 shares in the last quarter. Finally, Concurrent Investment Advisors LLC boosted its stake in Barclays by 9.3% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 36,658 shares of the financial services provider’s stock valued at $681,000 after purchasing an additional 3,121 shares during the last quarter. Institutional investors and hedge funds own 3.39% of the company’s stock.

Barclays Price Performance

Shares of NYSE:BCS opened at $25.53 on Friday. Barclays PLC has a fifty-two week low of $12.14 and a fifty-two week high of $27.70. The company’s 50-day moving average is $25.63 and its 200 day moving average is $22.42. The company has a debt-to-equity ratio of 5.45, a quick ratio of 1.41 and a current ratio of 1.39. The company has a market capitalization of $88.49 billion, a P/E ratio of 11.15, a price-to-earnings-growth ratio of 0.40 and a beta of 0.96.

Barclays (NYSE:BCS) last announced its quarterly earnings data on Tuesday, February 10th. The financial services provider reported $0.46 EPS for the quarter, topping the consensus estimate of $0.42 by $0.04. Barclays had a net margin of 21.91% and a return on equity of 8.33%. The business had revenue of $72.64 million for the quarter, compared to analyst estimates of $9.23 billion. On average, equities research analysts forecast that Barclays PLC will post 2 earnings per share for the current year.

Barclays Announces Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, February 20th will be issued a dividend of $0.3069 per share. This represents a yield of 232.0%. The ex-dividend date of this dividend is Friday, February 20th. Barclays’s dividend payout ratio is 13.97%.

Wall Street Analyst Weigh In

BCS has been the subject of several analyst reports. Royal Bank Of Canada reissued an “outperform” rating on shares of Barclays in a research note on Thursday, October 23rd. Morgan Stanley reissued an “overweight” rating on shares of Barclays in a research report on Wednesday. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Barclays in a report on Tuesday, December 23rd. Citigroup reiterated a “neutral” rating on shares of Barclays in a research note on Thursday, January 22nd. Finally, Zacks Research lowered shares of Barclays from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 28th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Barclays Company 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.