Anna Cross Sells 49,013 Shares of Barclays PLC (LON:BARC) Stock

Barclays PLC (LON:BARC) insider Anna Cross sold 49,013 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of GBX 221 ($2.92), for a total value of £108,318.73 ($143,089.47).

Barclays Trading Up 1.9 %

BARC stock opened at GBX 227.65 ($3.01) on Friday. The stock’s fifty day simple moving average is GBX 224.28 and its two-hundred day simple moving average is GBX 208.20. Barclays PLC has a 1-year low of GBX 128.12 ($1.69) and a 1-year high of GBX 241.80 ($3.19). The stock has a market cap of £33.26 billion, a P/E ratio of 875.58, a P/E/G ratio of 1.05 and a beta of 1.36.

Barclays Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, September 20th. Shareholders of record on Thursday, August 15th will be given a GBX 2.90 ($0.04) dividend. The ex-dividend date is Thursday, August 15th. This represents a yield of 1.24%. Barclays’s dividend payout ratio is currently 3,076.92%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Shore Capital reiterated a “buy” rating on shares of Barclays in a report on Wednesday, June 19th. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 270 ($3.57) price target on shares of Barclays in a report on Monday, September 9th. Citigroup reiterated a “buy” rating on shares of Barclays in a report on Monday, September 2nd. Finally, Royal Bank of Canada decreased their price target on Barclays from GBX 260 ($3.43) to GBX 250 ($3.30) and set an “outperform” rating for the company in a report on Thursday, June 13th. Seven equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of GBX 276 ($3.65).

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.