Barclays PLC (BCS) Holdings Boosted by Shelton Capital Management

Shelton Capital Management raised its stake in shares of Barclays PLC (NYSE:BCS) by 21.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 78,179 shares of the financial services provider’s stock after purchasing an additional 13,876 shares during the period. Shelton Capital Management’s holdings in Barclays PLC were worth $828,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Fox Run Management L.L.C. purchased a new position in Barclays PLC during the second quarter valued at $110,000. Advisor Partners LLC purchased a new position in Barclays PLC during the second quarter valued at $119,000. HPM Partners LLC lifted its holdings in Barclays PLC by 1.8% during the second quarter. HPM Partners LLC now owns 11,545 shares of the financial services provider’s stock valued at $122,000 after purchasing an additional 203 shares in the last quarter. MAI Capital Management lifted its holdings in Barclays PLC by 21.8% during the second quarter. MAI Capital Management now owns 12,619 shares of the financial services provider’s stock valued at $134,000 after purchasing an additional 2,261 shares in the last quarter. Finally, Cornerstone Investment Partners LLC lifted its holdings in Barclays PLC by 8.1% during the second quarter. Cornerstone Investment Partners LLC now owns 13,875 shares of the financial services provider’s stock valued at $147,000 after purchasing an additional 1,042 shares in the last quarter. 2.47% of the stock is currently owned by institutional investors and hedge funds.

BCS has been the topic of several research reports. ValuEngine raised shares of Barclays PLC from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Morgan Stanley reissued a “buy” rating on shares of Barclays PLC in a research note on Tuesday, July 18th. Deutsche Bank AG reissued a “buy” rating on shares of Barclays PLC in a research note on Monday, August 14th. BidaskClub raised shares of Barclays PLC from a “sell” rating to a “hold” rating in a research note on Wednesday, June 28th. Finally, Zacks Investment Research raised shares of Barclays PLC from a “sell” rating to a “hold” rating in a research note on Tuesday, September 26th. Eight research analysts have rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $9.86.

Shares of Barclays PLC (BCS) opened at 9.98 on Friday. Barclays PLC has a 52-week low of $8.02 and a 52-week high of $12.05. The firm’s market capitalization is $42.55 billion. The company’s 50-day moving average is $10.04 and its 200 day moving average is $10.59.

Barclays PLC (NYSE:BCS) last posted its quarterly earnings data on Friday, July 28th. The financial services provider reported $0.12 EPS for the quarter, missing the Zacks’ consensus estimate of $0.13 by ($0.01). Barclays PLC had a negative net margin of 2.65% and a positive return on equity of 2.57%. The company had revenue of $6.46 billion for the quarter, compared to analyst estimates of $6.22 billion. Equities analysts expect that Barclays PLC will post $0.86 earnings per share for the current fiscal year.

The business also recently disclosed a None dividend, which was paid on Monday, September 18th. Stockholders of record on Friday, August 11th were paid a dividend of $0.051 per share. This represents a dividend yield of 1.95%. The ex-dividend date of this dividend was Wednesday, August 9th. Barclays PLC’s dividend payout ratio is currently -88.23%.

In other news, major shareholder Plc Barclays sold 37 shares of the company’s stock in a transaction dated Tuesday, July 25th. The shares were sold at an average price of $100,000.00, for a total transaction of $3,700,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.02% of the company’s stock.

COPYR

Other institutional investors and hedge funds also recently bought and sold shares of the company. Fox Run Management L.L.C. purchased a new position in Barclays PLC during the second quarter valued at $110,000. Advisor Partners LLC purchased a new position in Barclays PLC during the second quarter valued at $119,000. HPM Partners LLC lifted its holdings in Barclays PLC by 1.8% during the second quarter. HPM Partners LLC now owns 11,545 shares of the financial services provider’s stock valued at $122,000 after purchasing an additional 203 shares in the last quarter. MAI Capital Management lifted its holdings in Barclays PLC by 21.8% during the second quarter. MAI Capital Management now owns 12,619 shares of the financial services provider’s stock valued at $134,000 after purchasing an additional 2,261 shares in the last quarter. Finally, Cornerstone Investment Partners LLC lifted its holdings in Barclays PLC by 8.1% during the second quarter. Cornerstone Investment Partners LLC now owns 13,875 shares of the financial services provider’s stock valued at $147,000 after purchasing an additional 1,042 shares in the last quarter. 2.47% of the stock is currently owned by institutional investors and hedge funds.

BCS has been the topic of several research reports. ValuEngine raised shares of Barclays PLC from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Morgan Stanley reissued a “buy” rating on shares of Barclays PLC in a research note on Tuesday, July 18th. Deutsche Bank AG reissued a “buy” rating on shares of Barclays PLC in a research note on Monday, August 14th. BidaskClub raised shares of Barclays PLC from a “sell” rating to a “hold” rating in a research note on Wednesday, June 28th. Finally, Zacks Investment Research raised shares of Barclays PLC from a “sell” rating to a “hold” rating in a research note on Tuesday, September 26th. Eight research analysts have rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $9.86.

Shares of Barclays PLC (BCS) opened at 9.98 on Friday. Barclays PLC has a 52-week low of $8.02 and a 52-week high of $12.05. The firm’s market capitalization is $42.55 billion. The company’s 50-day moving average is $10.04 and its 200 day moving average is $10.59.

Barclays PLC (NYSE:BCS) last posted its quarterly earnings data on Friday, July 28th. The financial services provider reported $0.12 EPS for the quarter, missing the Zacks’ consensus estimate of $0.13 by ($0.01). Barclays PLC had a negative net margin of 2.65% and a positive return on equity of 2.57%. The company had revenue of $6.46 billion for the quarter, compared to analyst estimates of $6.22 billion. Equities analysts expect that Barclays PLC will post $0.86 earnings per share for the current fiscal year.

The business also recently disclosed a None dividend, which was paid on Monday, September 18th. Stockholders of record on Friday, August 11th were paid a dividend of $0.051 per share. This represents a dividend yield of 1.95%. The ex-dividend date of this dividend was Wednesday, August 9th. Barclays PLC’s dividend payout ratio is currently -88.23%.

In other news, major shareholder Plc Barclays sold 37 shares of the company’s stock in a transaction dated Tuesday, July 25th. The shares were sold at an average price of $100,000.00, for a total transaction of $3,700,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.02% of the company’s stock.

COPYRIGHT VIOLATION WARNING: This news story was originally published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this news story on another site, it was stolen and republished in violation of United States and international copyright law. The original version of this news story can be read at https://ledgergazette.com/2017/10/08/barclays-plc-bcs-holdings-boosted-by-shelton-capital-management.html.

Barclays PLC Profile

Want to see what other hedge funds are holding BCS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Barclays PLC (NYSE:BCS).

Institutional Ownership by Quarter for Barclays PLC (NYSE:BCS)

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

Leave a Reply