68,577 Shares in Barclays PLC (NYSE:BCS) Bought by Fox Run Management L.L.C.

Fox Run Management L.L.C. bought a new stake in Barclays PLC (NYSE:BCS) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 68,577 shares of the financial services provider’s stock, valued at approximately $911,000.

A number of other hedge funds have also recently made changes to their positions in the company. PNC Financial Services Group Inc. raised its holdings in Barclays by 1.2% in the 3rd quarter. PNC Financial Services Group Inc. now owns 113,381 shares of the financial services provider’s stock valued at $1,378,000 after buying an additional 1,344 shares during the last quarter. Advisors Asset Management Inc. increased its position in Barclays by 32.5% in the 3rd quarter. Advisors Asset Management Inc. now owns 53,149 shares of the financial services provider’s stock valued at $646,000 after acquiring an additional 13,040 shares during the period. King Luther Capital Management Corp raised its stake in shares of Barclays by 19.5% during the third quarter. King Luther Capital Management Corp now owns 26,968 shares of the financial services provider’s stock valued at $328,000 after acquiring an additional 4,409 shares during the last quarter. Massachusetts Financial Services Co. MA acquired a new position in shares of Barclays during the third quarter worth $3,647,000. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Barclays by 20.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 268,284 shares of the financial services provider’s stock worth $3,260,000 after purchasing an additional 44,760 shares during the last quarter. 3.39% of the stock is owned by institutional investors and hedge funds.

Barclays Trading Down 1.3 %

BCS opened at $15.76 on Friday. Barclays PLC has a twelve month low of $8.95 and a twelve month high of $16.33. The company has a fifty day moving average of $15.06 and a 200-day moving average of $13.58. The stock has a market cap of $56.65 billion, a PE ratio of 8.56, a price-to-earnings-growth ratio of 0.39 and a beta of 1.38. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 5.33.

Barclays (NYSE:BCS) last issued its quarterly earnings results on Tuesday, February 18th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.15. Barclays had a return on equity of 7.74% and a net margin of 20.81%. On average, sell-side analysts predict that Barclays PLC will post 2 EPS for the current year.

Barclays Increases Dividend

The company also recently declared a semi-annual dividend, which will be paid on Friday, April 4th. Shareholders of record on Friday, February 28th will be issued a $0.2737 dividend. The ex-dividend date is Friday, February 28th. This represents a yield of 2.7%. This is a positive change from Barclays’s previous semi-annual dividend of $0.27. Barclays’s dividend payout ratio is presently 28.80%.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. BNP Paribas raised Barclays from a “neutral” rating to an “outperform” rating in a research report on Tuesday, March 4th. StockNews.com downgraded Barclays from a “buy” rating to a “hold” rating in a research report on Thursday, February 27th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Barclays 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.