Todd Asset Management LLC Grows Stock Position in Barclays PLC $BCS

Todd Asset Management LLC grew its position in shares of Barclays PLC (NYSE:BCS) by 4.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,516,095 shares of the financial services provider’s stock after purchasing an additional 134,560 shares during the period. Barclays comprises about 1.5% of Todd Asset Management LLC’s holdings, making the stock its 6th largest holding. Todd Asset Management LLC’s holdings in Barclays were worth $72,678,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Twin Peaks Wealth Advisors LLC purchased a new stake in Barclays in the second quarter worth approximately $27,000. Mark Sheptoff Financial Planning LLC bought a new position in shares of Barclays during the 2nd quarter valued at $28,000. Mather Group LLC. purchased a new position in Barclays in the 3rd quarter worth $30,000. Salomon & Ludwin LLC boosted its position in Barclays by 2,673.6% during the third quarter. Salomon & Ludwin LLC now owns 1,470 shares of the financial services provider’s stock valued at $31,000 after buying an additional 1,417 shares during the period. Finally, True Wealth Design LLC bought a new position in shares of Barclays during the third quarter valued at about $31,000. 3.39% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

Barclays Stock Performance

Shares of NYSE BCS opened at $25.28 on Monday. The company has a market cap of $87.33 billion, a PE ratio of 11.04, a PEG ratio of 0.38 and a beta of 0.96. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 5.45. The firm’s 50-day moving average price is $25.68 and its 200-day moving average price is $22.50. Barclays PLC has a 52-week low of $12.14 and a 52-week high of $27.70.

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

Barclays Dividend Announcement

The firm also recently announced a dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, February 20th will be given a dividend of $0.3069 per share. This represents a dividend yield of 232.0%. The ex-dividend date is Friday, February 20th. Barclays’s dividend payout ratio (DPR) is 13.97%.

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.