Clarius Group LLC Increases Position in Barclays PLC $BCS

Clarius Group LLC boosted its holdings in shares of Barclays PLC (NYSE:BCS) by 18.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,051 shares of the financial services provider’s stock after acquiring an additional 3,079 shares during the period. Clarius Group LLC’s holdings in Barclays were worth $373,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of BCS. Acadian Asset Management LLC grew its stake in Barclays by 37.6% during the 1st quarter. Acadian Asset Management LLC now owns 33,607,068 shares of the financial services provider’s stock valued at $516,163,000 after acquiring an additional 9,188,263 shares in the last quarter. Natixis Advisors LLC grew its stake in Barclays by 78.7% during the 1st quarter. Natixis Advisors LLC now owns 8,892,766 shares of the financial services provider’s stock valued at $136,593,000 after acquiring an additional 3,917,785 shares in the last quarter. Invesco Ltd. grew its stake in Barclays by 8,088.1% during the 1st quarter. Invesco Ltd. now owns 882,108 shares of the financial services provider’s stock valued at $13,549,000 after acquiring an additional 871,335 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Barclays during the 1st quarter valued at about $12,809,000. Finally, New York State Common Retirement Fund grew its stake in Barclays by 65.7% during the 1st quarter. New York State Common Retirement Fund now owns 1,850,260 shares of the financial services provider’s stock valued at $28,420,000 after acquiring an additional 733,520 shares in the last quarter. Hedge funds and other institutional investors own 3.39% of the company’s stock.

Barclays Stock Performance

Shares of BCS stock opened at $20.64 on Tuesday. The firm’s 50 day moving average price is $20.26 and its 200-day moving average price is $18.08. The company has a debt-to-equity ratio of 5.70, a quick ratio of 1.38 and a current ratio of 1.38. Barclays PLC has a one year low of $12.03 and a one year high of $21.22. The firm has a market cap of $72.52 billion, a P/E ratio of 9.51, a P/E/G ratio of 0.43 and a beta of 1.10.

Barclays (NYSE:BCS) last issued its quarterly earnings data on Tuesday, July 29th. The financial services provider reported $0.62 EPS for the quarter, topping the consensus estimate of $0.50 by $0.12. Barclays had a net margin of 22.11% and a return on equity of 8.49%. The firm had revenue of $9.58 billion for the quarter, compared to analyst estimates of $7.06 billion. As a group, equities research analysts predict that Barclays PLC will post 2 EPS for the current year.

Barclays Cuts Dividend

The firm also recently announced a semi-annual dividend, which was paid on Tuesday, September 16th. Investors of record on Friday, August 8th were paid a dividend of $0.1557 per share. This represents a yield of 210.0%. The ex-dividend date of this dividend was Friday, August 8th. Barclays’s dividend payout ratio is presently 14.75%.

Analyst Ratings Changes

BCS has been the subject of several research reports. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Barclays in a research note on Wednesday, July 16th. Weiss Ratings reiterated a “buy (b)” rating on shares of Barclays in a report on Saturday, September 27th. Citigroup lowered shares of Barclays from a “buy” rating to a “neutral” rating in a report on Friday, July 18th. Morgan Stanley reiterated an “overweight” rating on shares of Barclays in a report on Monday. Finally, Zacks Research upgraded shares of Barclays from a “hold” rating to a “strong-buy” rating in a report on Monday, September 29th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “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.