Lindbrook Capital LLC Boosts Holdings in Barclays PLC (NYSE:BCS)

Lindbrook Capital LLC boosted its position in Barclays PLC (NYSE:BCS) by 7.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,476 shares of the financial services provider’s stock after purchasing an additional 674 shares during the quarter. Lindbrook Capital LLC’s holdings in Barclays were worth $126,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of BCS. Brooklyn Investment Group purchased a new stake in Barclays in the 4th quarter worth approximately $26,000. Activest Wealth Management purchased a new stake in Barclays in the 4th quarter worth approximately $33,000. Sierra Ocean LLC purchased a new stake in shares of Barclays during the 4th quarter valued at $38,000. Versant Capital Management Inc purchased a new stake in shares of Barclays during the 4th quarter valued at $44,000. Finally, SBI Securities Co. Ltd. purchased a new stake in shares of Barclays during the 4th quarter valued at $71,000. 3.39% of the stock is currently owned by hedge funds and other institutional investors.

Barclays Stock Performance

Barclays stock opened at $15.93 on Friday. The company has a debt-to-equity ratio of 5.33, a quick ratio of 1.29 and a current ratio of 1.29. Barclays PLC has a fifty-two week low of $8.93 and a fifty-two week high of $16.33. The firm’s fifty day moving average price is $14.59 and its 200-day moving average price is $13.32. The stock has a market cap of $57.42 billion, a P/E ratio of 8.65, a price-to-earnings-growth ratio of 0.39 and a beta of 1.38.

Barclays (NYSE:BCS) last released its earnings results on Tuesday, February 18th. The financial services provider reported $0.34 EPS for the quarter, beating the consensus estimate of $0.19 by $0.15. Barclays had a net margin of 20.81% and a return on equity of 7.74%. On average, equities research analysts expect that Barclays PLC will post 2 earnings per share for the current fiscal year.

Barclays Increases Dividend

The firm also recently announced a semi-annual dividend, which will be paid on Friday, April 4th. Investors of record on Friday, February 28th will be issued a dividend of $0.2737 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a dividend yield of 2.7%. This is a positive change from Barclays’s previous semi-annual dividend of $0.27. Barclays’s dividend payout ratio (DPR) is currently 28.80%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on BCS. StockNews.com cut shares of Barclays from a “buy” rating to a “hold” rating in a research report on Thursday, February 27th. BNP Paribas upgraded shares of Barclays from a “neutral” rating to an “outperform” rating in a research report on Tuesday. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, Barclays currently has a consensus rating of “Moderate Buy”.

Barclays Company Profile

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