Cwm LLC trimmed its position in shares of Barclays PLC (NYSE:BCS) by 26.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,042 shares of the financial services provider's stock after selling 1,436 shares during the period. Cwm LLC's holdings in Barclays were worth $32,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC purchased a new position in shares of Barclays in the fourth quarter worth $32,000. Cullen Frost Bankers Inc. increased its stake in shares of Barclays by 37.5% during the third quarter. Cullen Frost Bankers Inc. now owns 5,164 shares of the financial services provider's stock worth $33,000 after purchasing an additional 1,407 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in Barclays by 777.0% during the third quarter. EverSource Wealth Advisors LLC now owns 9,244 shares of the financial services provider's stock worth $59,000 after acquiring an additional 8,190 shares during the last quarter. Bessemer Group Inc. boosted its position in Barclays by 45.6% during the third quarter. Bessemer Group Inc. now owns 9,421 shares of the financial services provider's stock worth $60,000 after acquiring an additional 2,949 shares during the last quarter. Finally, Verition Fund Management LLC acquired a new position in Barclays in the 3rd quarter valued at about $69,000. 3.32% of the stock is currently owned by institutional investors.

Barclays Stock Performance

Shares of NYSE BCS opened at $7.77 on Wednesday. The company has a market cap of $30.85 billion, a PE ratio of 4.80 and a beta of 1.37. Barclays PLC has a 12 month low of $5.89 and a 12 month high of $9.44. The company has a debt-to-equity ratio of 5.72, a current ratio of 1.40 and a quick ratio of 1.40. The company has a 50-day simple moving average of $7.58 and a 200-day simple moving average of $7.86.

Barclays (NYSE:BCS – Get Rating) last released its earnings results on Wednesday, February 15th. The financial services provider reported $0.31 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.31. Barclays had a net margin of 20.97% and a return on equity of 7.68%. The business had revenue of $6.81 billion for the quarter, compared to analysts' expectations of $7.13 billion. On average, equities analysts anticipate that Barclays PLC will post 1.72 earnings per share for the current year.

Barclays Cuts Dividend

The company also recently announced a semi-annual dividend, which was paid on Friday, March 31st. Stockholders of record on Friday, February 24th were given a dividend of $0.104 per share. The ex-dividend date of this dividend was Thursday, February 23rd. This represents a dividend yield of 6.4%. Barclays's payout ratio is currently 29.01%.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of Barclays in a research note on Thursday, March 16th. They set a "buy" rating on the stock. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $212.00.

Barclays Profile

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Barclays Plc operates as a bank holding company, which engages in the provision of retail banking, credit cards, corporate and investment banking, and wealth management services. The firm operates through Barclays UK and Barclays International segments. The Barclays UK segment consists the U.K. retail banking operations, U.K.

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