Aperio Group LLC Increases Stake in Barclays PLC (NYSE:BCS)

Aperio Group LLC increased its stake in Barclays PLC (NYSE:BCS) by 8.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 989,055 shares of the financial services provider’s stock after buying an additional 80,806 shares during the period. Aperio Group LLC’s holdings in Barclays PLC were worth $10,474,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Fisher Asset Management LLC increased its stake in shares of Barclays PLC by 13.6% in the second quarter. Fisher Asset Management LLC now owns 19,187,695 shares of the financial services provider’s stock worth $203,198,000 after buying an additional 2,300,492 shares during the last quarter. Cornerstone Investment Partners LLC increased its stake in shares of Barclays PLC by 8.1% in the second quarter. Cornerstone Investment Partners LLC now owns 13,875 shares of the financial services provider’s stock worth $147,000 after buying an additional 1,042 shares during the last quarter. Atria Investments LLC acquired a new stake in shares of Barclays PLC during the second quarter worth $166,000. Fox Run Management L.L.C. acquired a new stake in shares of Barclays PLC during the second quarter worth $110,000. Finally, Causeway Capital Management LLC increased its stake in shares of Barclays PLC by 3.7% in the first quarter. Causeway Capital Management LLC now owns 1,510,537 shares of the financial services provider’s stock worth $16,978,000 after buying an additional 54,505 shares during the last quarter. 2.52% of the stock is owned by institutional investors and hedge funds.

Shares of Barclays PLC (BCS) opened at 10.34 on Friday. Barclays PLC has a 1-year low of $8.02 and a 1-year high of $12.05. The company’s market capitalization is $44.08 billion. The firm has a 50-day moving average of $10.72 and a 200 day moving average of $10.95.

Barclays PLC (NYSE:BCS) last issued its earnings results on Friday, July 28th. The financial services provider reported $0.12 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.13 by $0.01. The firm had revenue of $6.46 billion during the quarter, compared to analyst estimates of $6.22 billion. Barclays PLC had a negative net margin of 2.65% and a positive return on equity of 2.57%. On average, analysts anticipate that Barclays PLC will post $0.86 EPS for the current year.

The company also recently announced a None dividend, which will be paid on Monday, September 18th. Investors of record on Friday, August 11th will be issued a $0.051 dividend. The ex-dividend date of this dividend is Wednesday, August 9th. This represents a yield of 1.95%. Barclays PLC’s dividend payout ratio (DPR) is -88.23%.

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Several analysts have recently commented on BCS shares. Zacks Investment Research upgraded Barclays PLC from a “hold” rating to a “buy” rating and set a $12.00 target price for the company in a research note on Friday, April 21st. UBS AG upgraded Barclays PLC from a “neutral” rating to a “buy” rating in a research note on Wednesday, May 17th. ValuEngine upgraded Barclays PLC from a “hold” rating to a “buy” rating in a research note on Tuesday, June 27th. Morgan Stanley reiterated a “buy” rating on shares of Barclays PLC in a research note on Tuesday, July 18th. Finally, BidaskClub upgraded Barclays PLC from a “sell” rating to a “hold” rating in a research note on Wednesday, June 28th. Eight research analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have assigned a buy rating to the stock. Barclays PLC has an average rating of “Hold” and a consensus target price of $10.09.

In related news, major shareholder Plc Barclays sold 260 shares of the firm’s stock in a transaction that occurred on Wednesday, July 19th. The shares were sold at an average price of $100,000.00, for a total value of $26,000,000.00. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.02% of the stock is owned by company insiders.

Barclays PLC Company Profile