Paradigm Asset Management Co. LLC Has $66,000 Stake in Barclays PLC (NYSE:BCS)

Paradigm Asset Management Co. LLC lowered its holdings in shares of Barclays PLC (NYSE:BCS) by 12.3% during the fourth quarter, HoldingsChannel reports. The firm owned 5,000 shares of the financial services provider’s stock after selling 700 shares during the quarter. Paradigm Asset Management Co. LLC’s holdings in Barclays were worth $66,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Brooklyn Investment Group bought a new stake in Barclays during the 4th quarter worth approximately $26,000. Activest Wealth Management acquired a new position in shares of Barclays in the fourth quarter valued at approximately $33,000. Sierra Ocean LLC bought a new stake in shares of Barclays during the fourth quarter worth $38,000. Versant Capital Management Inc acquired a new stake in shares of Barclays during the fourth quarter worth $44,000. Finally, Allworth Financial LP lifted its position in Barclays by 27.1% in the 4th quarter. Allworth Financial LP now owns 6,011 shares of the financial services provider’s stock valued at $87,000 after acquiring an additional 1,283 shares in the last quarter. Institutional investors own 3.39% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Barclays from a “strong-buy” rating to a “buy” rating in a report on Thursday, January 16th.

Barclays Stock Performance

Shares of BCS opened at $15.17 on Friday. The stock has a market capitalization of $54.68 billion, a price-to-earnings ratio of 8.24, a PEG ratio of 0.39 and a beta of 1.41. Barclays PLC has a 12 month low of $8.32 and a 12 month high of $15.65. The firm has a fifty day simple moving average of $14.10 and a 200 day simple moving average of $13.03. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 5.33.

Barclays (NYSE:BCS) last posted its quarterly earnings data on Tuesday, February 18th. The financial services provider reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.15. Barclays had a net margin of 20.81% and a return on equity of 7.74%. Research analysts forecast that Barclays PLC will post 2 EPS for the current fiscal year.

Barclays Increases Dividend

The business also recently declared a semi-annual dividend, which will be paid on Friday, April 4th. Shareholders of record on Friday, February 28th will be given a dividend of $0.2737 per share. This is a positive change from Barclays’s previous semi-annual dividend of $0.27. The ex-dividend date is Friday, February 28th. This represents a dividend yield of 2.7%. Barclays’s payout ratio is 16.30%.

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.