Simplicity Wealth LLC buys 12,191 shares of Barclays PLC (NYSE:BCS)

Simplicity Wealth LLC increased its position in Barclays PLC (NYSE:BCS) by 118.3% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 22,500 shares of the financial services provider’s stock after purchasing an additional 12,191 shares during the quarter. Simplicity Wealth LLC’s holdings in Barclays were worth $241,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Prime Capital Investment Advisors LLC purchased a new position in shares of Barclays in the fourth quarter valued at about $81,000. Cerity Partners LLC raised its stake in Barclays by 12.3% in the 4th quarter. Cerity Partners LLC now owns 66,433 shares of the financial services provider’s stock worth $523,000 after acquiring an additional 7,250 shares in the the last quarter. Sapient Capital LLC bought a new stake in shares of Barclays in the fourth quarter valued at $159,000. Clarius Group LLC boosted its stake in shares of Barclays by 8.0% in the fourth quarter. Clarius Group LLC now owns 37,224 shares of the financial services provider’s stock worth $293,000 after buying an additional 2,753 shares during the last quarter. Finally, Simplicity Solutions LLC bought a new position in Barclays in the 4th quarter worth $83,000. 3.39% of the shares are held by hedge funds and other institutional investors.

Changes in Analyst Ratings

Several analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft initiated coverage on Barclays in a report on Thursday, May 9th. They set a “buy” rating for the company. StockNews.com raised shares of Barclays from a “hold” rating to a “buy” rating in a report on Tuesday, July 9th.

Get the latest analysis on BCS

Barclays stocks rose 2.4%

BCS opened at $11.26 on Monday. The stock has a market cap of $41.72 billion, a price-to-earnings ratio of 8.40, a price-to-earnings-growth ratio of 0.62 and a beta of 1.44. The company has a debt-to-equity ratio of 6.15, a quick ratio of 1.39, and a current ratio of 1.39. The company’s fifty day moving average is $11.18 and its 200 day moving average is $9.96. Barclays PLC has a fifty-two week low of $6.23 and a fifty-two week high of $12.11.

Barclays (NYSE:BCS – Get Free Report ) last announced its quarterly earnings data on Thursday, August 1st. The financial services provider reported $0.42 EPS for the quarter, topping the consensus estimate of $0.40 by $0.02. The business had revenue of $7.98 billion for the quarter. Barclays had a return on equity of 5.96% and a net margin of 16.83%. In the same quarter last year, the company earned $0.43 per share. On average, sell-side analysts anticipate that Barclays PLC will post 1.68 earnings per share for the current fiscal year.

Barclays increases dividend

The firm also recently declared a semiannual dividend, which will be paid on Friday, September 20th. Stockholders of record on Friday, August 16th will be given a $0.2684 dividend. This represents a yield of 3.6%. This is an increase from Barclays’ previous semi-annual dividend of $0.27. The ex-dividend date of this dividend is Friday, August 16. Barclays’s dividend payout ratio is currently 21.64%.

Barclays profile

(Free report)

Barclays PLC provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East and Asia. The company operates through the divisional segments Barclays UK and Barclays International. It provides financial services such as retail banking, credit cards, wholesale banking, investment banking, wealth management and investment management services.

See Also

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