RNC Capital Management LLC Has $287,000 Holdings in Barclays PLC (NYSE:BCS)

RNC Capital Management LLC grew its holdings in shares of Barclays PLC (NYSE:BCSGet Rating) by 109.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 27,700 shares of the financial services provider’s stock after purchasing an additional 14,450 shares during the period. RNC Capital Management LLC’s holdings in Barclays were worth $287,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Bank of America Corp DE grew its position in shares of Barclays by 42.5% during the 2nd quarter. Bank of America Corp DE now owns 9,850,386 shares of the financial services provider’s stock worth $95,056,000 after purchasing an additional 2,939,563 shares in the last quarter. Cambiar Investors LLC acquired a new position in shares of Barclays during the 4th quarter worth approximately $57,276,000. Goldman Sachs Group Inc. grew its position in shares of Barclays by 7.7% during the 3rd quarter. Goldman Sachs Group Inc. now owns 4,666,172 shares of the financial services provider’s stock worth $48,155,000 after purchasing an additional 332,005 shares in the last quarter. BlackRock Inc. grew its position in shares of Barclays by 116.5% during the 3rd quarter. BlackRock Inc. now owns 4,366,754 shares of the financial services provider’s stock worth $45,065,000 after purchasing an additional 2,349,514 shares in the last quarter. Finally, Todd Asset Management LLC grew its position in shares of Barclays by 12.2% during the 4th quarter. Todd Asset Management LLC now owns 2,851,419 shares of the financial services provider’s stock worth $29,512,000 after purchasing an additional 310,443 shares in the last quarter. Hedge funds and other institutional investors own 2.56% of the company’s stock.

Several analysts recently issued reports on BCS shares. BNP Paribas lowered shares of Barclays from an “outperform” rating to a “neutral” rating in a research report on Monday, March 28th. StockNews.com started coverage on shares of Barclays in a research report on Thursday, March 31st. They set a “buy” rating on the stock. Berenberg Bank increased their price target on shares of Barclays from GBX 245 ($3.19) to GBX 260 ($3.38) in a research report on Friday, February 25th. Keefe, Bruyette & Woods lowered shares of Barclays from an “outperform” rating to a “market perform” rating in a research report on Monday, February 14th. Finally, BCS lowered shares of Barclays from a “buy” rating to a “neutral” rating in a research report on Friday, January 28th. Eleven equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $200.60.

Shares of BCS stock traded up $0.02 during trading hours on Tuesday, hitting $7.75. 1,117,360 shares of the company’s stock traded hands, compared to its average volume of 8,392,117. The stock’s 50 day simple moving average is $9.05 and its 200 day simple moving average is $10.13. The stock has a market cap of $32.46 billion, a PE ratio of 3.71, a price-to-earnings-growth ratio of 0.19 and a beta of 1.45. Barclays PLC has a 12 month low of $7.45 and a 12 month high of $12.20. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 5.16.

Barclays (NYSE:BCSGet Rating) last released its quarterly earnings results on Wednesday, February 23rd. The financial services provider reported $0.36 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.29 by $0.07. The firm had revenue of $6.96 billion during the quarter, compared to the consensus estimate of $7 billion. Barclays had a net margin of 29.13% and a return on equity of 9.28%. As a group, equities research analysts expect that Barclays PLC will post 1.33 EPS for the current fiscal year.

The firm also recently declared a semi-annual dividend, which was paid on Tuesday, April 5th. Stockholders of record on Friday, March 4th were paid a dividend of $0.2174 per share. The ex-dividend date was Thursday, March 3rd. This represents a dividend yield of 3.2%. This is an increase from Barclays’s previous semi-annual dividend of $0.11. Barclays’s dividend payout ratio (DPR) is presently 20.19%.

Barclays Company Profile (Get Rating)

Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International divisions. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.

Recommended Stories

Institutional Ownership by Quarter for Barclays (NYSE:BCS)

Receive News & Ratings for Barclays Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barclays and related companies with MarketBeat.com's FREE daily email newsletter.