Aaron Wealth Advisors LLC Has $325,000 Stock Position in Barclays PLC (NYSE:BCS)

Aaron Wealth Advisors LLC raised its holdings in Barclays PLC (NYSE:BCS) by 22.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 26,760 shares of the financial services provider’s stock after buying an additional 4,959 shares during the quarter. Aaron Wealth Advisors LLC’s holdings in Barclays were worth $325,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bleakley Financial Group LLC boosted its stake in Barclays by 40.5% during the third quarter. Bleakley Financial Group LLC now owns 14,160 shares of the financial services provider’s stock worth $172,000 after acquiring an additional 4,082 shares in the last quarter. Creative Planning increased its position in Barclays by 12.1% in the 3rd quarter. Creative Planning now owns 311,466 shares of the financial services provider’s stock valued at $3,784,000 after buying an additional 33,538 shares in the last quarter. Redhawk Wealth Advisors Inc. acquired a new position in Barclays during the 3rd quarter worth approximately $423,000. Ritholtz Wealth Management boosted its holdings in Barclays by 12.2% in the third quarter. Ritholtz Wealth Management now owns 221,401 shares of the financial services provider’s stock worth $2,690,000 after acquiring an additional 24,004 shares in the last quarter. Finally, Wedmont Private Capital acquired a new stake in Barclays in the third quarter valued at approximately $131,000. 3.39% of the stock is currently owned by institutional investors.

Barclays Stock Performance

Shares of Barclays stock opened at $12.84 on Friday. Barclays PLC has a 52 week low of $6.23 and a 52 week high of $12.96. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 5.98. The company has a market cap of $47.57 billion, a PE ratio of 9.58, a price-to-earnings-growth ratio of 0.68 and a beta of 1.42. The business has a 50 day moving average price of $12.01 and a 200-day moving average price of $11.20.

Barclays (NYSE:BCS) last released its quarterly earnings results on Thursday, August 1st. The financial services provider reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.02. The business had revenue of $7.98 billion for the quarter. Barclays had a net margin of 16.83% and a return on equity of 5.94%. During the same quarter last year, the firm posted $0.43 earnings per share. Equities analysts anticipate that Barclays PLC will post 1.63 earnings per share for the current fiscal year.

Barclays Increases Dividend

The firm also recently declared a semi-annual dividend, which was paid on Friday, September 20th. Investors of record on Friday, August 16th were given a dividend of $0.2684 per share. This represents a dividend yield of 3.6%. This is an increase from Barclays’s previous semi-annual dividend of $0.27. The ex-dividend date of this dividend was Friday, August 16th. Barclays’s dividend payout ratio (DPR) is presently 21.64%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. StockNews.com raised Barclays from a “hold” rating to a “buy” rating in a research report on Tuesday, July 9th. Kepler Capital Markets began coverage on shares of Barclays in a report on Thursday, September 5th. They set a “buy” rating on the stock. Finally, The Goldman Sachs Group began coverage on shares of Barclays in a report on Tuesday, October 8th. They set a “buy” rating for the company. One 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, the company 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.