Barclays PLC (LON:BARC) Insider Brian Gilvary Sells 109,404 Shares

Barclays PLC (LON:BARC) insider Brian Gilvary sold 109,404 shares of the stock in a transaction on Thursday, October 24th. The shares were sold at an average price of GBX 249 ($3.23), for a total value of £272,415.96 ($353,695.09).

Barclays Price Performance

Shares of BARC opened at GBX 242.17 ($3.14) on Monday. Barclays PLC has a 1-year low of GBX 128.12 ($1.66) and a 1-year high of GBX 251.30 ($3.26). The stock has a market cap of £35.14 billion, a PE ratio of 928.46, a P/E/G ratio of 1.15 and a beta of 1.36. The firm has a 50-day simple moving average of GBX 228.26 and a two-hundred day simple moving average of GBX 217.81.

Barclays Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 20th. Investors of record on Thursday, August 15th were issued a GBX 2.90 ($0.04) dividend. This represents a dividend yield of 1.24%. The ex-dividend date was Thursday, August 15th. Barclays’s dividend payout ratio (DPR) is currently 3,076.92%.

Analyst Upgrades and Downgrades

BARC has been the topic of a number of recent research reports. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 270 ($3.51) price target on shares of Barclays in a research report on Monday, September 9th. Shore Capital restated a “buy” rating on shares of Barclays in a research note on Thursday. Finally, Citigroup restated a “buy” rating on shares of Barclays in a research note on Monday, September 2nd. Seven investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 276 ($3.58).

About Barclays

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.