Wealth Alliance Makes New Investment in Barclays PLC (NYSE:BCS)

Wealth Alliance purchased a new stake in Barclays PLC (NYSE:BCS) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 11,241 shares of the financial services provider’s stock, valued at approximately $149,000.

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

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Barclays from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 16th.

Barclays Price Performance

BCS stock opened at $15.17 on Friday. The stock has a 50-day moving average price of $14.10 and a two-hundred day moving average price of $13.03. Barclays PLC has a 1 year low of $8.32 and a 1 year high of $15.65. The stock has a market cap of $54.68 billion, a PE ratio of 8.24, a price-to-earnings-growth ratio of 0.39 and a beta of 1.41. 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 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.15. Barclays had a return on equity of 7.74% and a net margin of 20.81%. Equities analysts forecast that Barclays PLC will post 2 EPS for the current fiscal year.

Barclays Increases Dividend

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