National Bank of Canada FI Has $11.10 Million Stock Position in Barclays PLC (NYSE:BCS)

National Bank of Canada FI increased its holdings in Barclays PLC (NYSE:BCS) by 77.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 835,051 shares of the financial services provider’s stock after acquiring an additional 364,182 shares during the period. National Bank of Canada FI’s holdings in Barclays were worth $11,098,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in BCS. FMR LLC lifted its holdings in shares of Barclays by 11.6% in the third quarter. FMR LLC now owns 6,432,007 shares of the financial services provider’s stock valued at $78,149,000 after purchasing an additional 667,498 shares in the last quarter. American Century Companies Inc. raised its position in Barclays by 9.8% in the 4th quarter. American Century Companies Inc. now owns 5,635,864 shares of the financial services provider’s stock valued at $74,901,000 after buying an additional 505,351 shares during the last quarter. Natixis Advisors LLC lifted its stake in Barclays by 39.5% during the 4th quarter. Natixis Advisors LLC now owns 4,974,981 shares of the financial services provider’s stock valued at $66,117,000 after acquiring an additional 1,409,948 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Barclays during the 4th quarter worth $59,373,000. Finally, Public Employees Retirement System of Ohio bought a new stake in shares of Barclays in the 3rd quarter worth $52,335,000. Institutional investors own 3.39% of the company’s stock.

Barclays Trading Down 7.9 %

NYSE:BCS opened at $13.19 on Friday. Barclays PLC has a 12 month low of $8.95 and a 12 month high of $16.34. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 5.33. The firm’s 50 day moving average is $15.31 and its 200 day moving average is $13.82. The stock has a market capitalization of $47.41 billion, a PE ratio of 7.17, a price-to-earnings-growth ratio of 0.39 and a beta of 1.11.

Barclays (NYSE:BCS) last released its quarterly earnings data on Tuesday, February 18th. The financial services provider reported $0.34 EPS for the quarter, topping 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%. Sell-side analysts expect that Barclays PLC will post 2 earnings per share for the current year.

Barclays Increases Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Friday, April 4th. Investors of record on Friday, February 28th were issued a dividend of $0.2737 per share. This is a boost from Barclays’s previous semi-annual dividend of $0.27. The ex-dividend date was Friday, February 28th. This represents a yield of 2.7%. Barclays’s dividend payout ratio is 29.89%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. StockNews.com cut shares of Barclays from a “buy” rating to a “hold” rating in a report on Thursday, February 27th. BNP Paribas upgraded Barclays from a “neutral” rating to an “outperform” rating in a research note on Tuesday, March 4th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, Barclays currently has an average rating of “Moderate Buy”.

About Barclays

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.