GC Wealth Management RIA LLC Has $981,000 Stock Position in Barclays PLC (NYSE:BCS)

GC Wealth Management RIA LLC lowered its stake in shares of Barclays PLC (NYSE:BCS) by 2.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 73,778 shares of the financial services provider’s stock after selling 1,615 shares during the period. GC Wealth Management RIA LLC’s holdings in Barclays were worth $981,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Pzena Investment Management LLC raised its holdings in shares of Barclays by 1.1% during the fourth quarter. Pzena Investment Management LLC now owns 86,226 shares of the financial services provider’s stock valued at $1,146,000 after purchasing an additional 924 shares during the period. Naviter Wealth LLC acquired a new stake in shares of Barclays in the 4th quarter worth about $951,000. Callan Family Office LLC acquired a new stake in shares of Barclays in the 4th quarter worth about $2,235,000. Vestmark Advisory Solutions Inc. raised its holdings in shares of Barclays by 116.4% in the 4th quarter. Vestmark Advisory Solutions Inc. now owns 56,180 shares of the financial services provider’s stock worth $747,000 after acquiring an additional 30,222 shares during the last quarter. Finally, Lindbrook Capital LLC raised its holdings in shares of Barclays by 7.7% in the 4th quarter. Lindbrook Capital LLC now owns 9,476 shares of the financial services provider’s stock worth $126,000 after acquiring an additional 674 shares during the last quarter. Institutional investors and hedge funds own 3.39% of the company’s stock.

Barclays Trading Down 7.1 %

Shares of BCS stock opened at $14.81 on Tuesday. Barclays PLC has a 52-week low of $8.94 and a 52-week high of $16.33. The company has a debt-to-equity ratio of 5.33, a quick ratio of 1.29 and a current ratio of 1.29. The company has a 50-day simple moving average of $14.62 and a two-hundred day simple moving average of $13.36. The company has a market capitalization of $53.38 billion, a price-to-earnings ratio of 8.05, a PEG ratio of 0.39 and a beta of 1.38.

Barclays (NYSE:BCS) last issued 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 net margin of 20.81% and a return on equity of 7.74%. Research analysts anticipate that Barclays PLC will post 2 EPS for the current fiscal year.

Barclays Increases Dividend

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

Wall Street Analysts Forecast Growth

BCS has been the topic of a number of analyst reports. StockNews.com lowered shares of Barclays from a “buy” rating to a “hold” rating in a report on Thursday, February 27th. BNP Paribas upgraded shares of Barclays from a “neutral” rating to an “outperform” rating in a report on Tuesday, March 4th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Barclays 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.