American Century Companies Inc. Purchases 104,617 Shares of Barclays PLC (NYSE:BCS)

American Century Companies Inc. increased its stake in shares of Barclays PLC (NYSE:BCS) by 6.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,710,276 shares of the financial services provider’s stock after buying an additional 104,617 shares during the quarter. American Century Companies Inc.’s holdings in Barclays were worth $18,317,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Choreo LLC bought a new position in shares of Barclays during the 2nd quarter worth approximately $458,000. Ballentine Partners LLC lifted its position in shares of Barclays by 28.9% during the 2nd quarter. Ballentine Partners LLC now owns 26,290 shares of the financial services provider’s stock worth $282,000 after buying an additional 5,888 shares during the period. Certuity LLC bought a new position in shares of Barclays during the 2nd quarter worth approximately $107,000. Acadian Asset Management LLC lifted its position in shares of Barclays by 1,362.1% during the 2nd quarter. Acadian Asset Management LLC now owns 19,682,115 shares of the financial services provider’s stock worth $210,762,000 after buying an additional 18,335,937 shares during the period. Finally, Hohimer Wealth Management LLC bought a new position in shares of Barclays during the 2nd quarter worth approximately $4,583,000. Institutional investors own 3.39% of the company’s stock.

Barclays Stock Down 0.2 %

Shares of Barclays stock opened at $12.22 on Friday. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 5.98. Barclays PLC has a 12 month low of $6.23 and a 12 month high of $12.49. The business has a fifty day simple moving average of $11.74 and a 200 day simple moving average of $10.77. The stock has a market cap of $45.28 billion, a PE ratio of 9.12, a price-to-earnings-growth ratio of 0.63 and a beta of 1.43.

Barclays (NYSE:BCS) last announced its quarterly earnings data on Thursday, August 1st. The financial services provider reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.02. Barclays had a return on equity of 5.94% and a net margin of 16.83%. The business had revenue of $7.98 billion during the quarter. During the same period last year, the firm earned $0.43 earnings per share. Research analysts predict that Barclays PLC will post 1.68 EPS for the current year.

Barclays Increases Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Friday, September 20th. Investors of record on Friday, August 16th were paid a dividend of $0.2684 per share. The ex-dividend date of this dividend was Friday, August 16th. This is a boost from Barclays’s previous semi-annual dividend of $0.27. This represents a dividend yield of 3.6%. Barclays’s payout ratio is 21.64%.

Analyst Ratings Changes

Several equities analysts recently commented on BCS shares. Kepler Capital Markets began coverage on Barclays in a research report on Thursday, September 5th. They set a “buy” rating for the company. StockNews.com raised Barclays from a “hold” rating to a “buy” rating in a research note on Tuesday, July 9th. One equities research analyst has rated the stock with a sell rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

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.