Barclays PLC (NYSE:BCS) was the target of a significant decline in short interest in the month of January. As of January 31st, there was short interest totalling 8,890,000 shares, a decline of 9.8% from the January 15th total of 9,860,000 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily volume of 13,270,000 shares, the short-interest ratio is presently 0.7 days.
Analyst Upgrades and Downgrades
Separately, StockNews.com lowered Barclays from a “strong-buy” rating to a “buy” rating in a research report on Thursday, January 16th.
Check Out Our Latest Research Report on BCS
Institutional Inflows and Outflows
Barclays Trading Up 2.2 %
Shares of NYSE BCS traded up $0.32 during midday trading on Monday, reaching $14.86. 18,505,319 shares of the stock were exchanged, compared to its average volume of 15,755,811. The company has a debt-to-equity ratio of 5.67, a current ratio of 1.35 and a quick ratio of 1.35. Barclays has a 12 month low of $7.24 and a 12 month high of $15.43. The business has a 50-day simple moving average of $13.93 and a two-hundred day simple moving average of $12.89. The company has a market capitalization of $53.60 billion, a price-to-earnings ratio of 10.11, a P/E/G ratio of 0.46 and a beta of 1.41.
Barclays (NYSE:BCS – Get Free Report) last posted its earnings results on Tuesday, February 18th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.15. Barclays had a return on equity of 6.30% and a net margin of 17.83%. As a group, equities research analysts expect that Barclays will post 1.53 EPS for the current year.
Barclays Increases Dividend
The business also recently announced a semi-annual dividend, which will be paid on Friday, April 4th. Shareholders of record on Friday, February 28th will be issued a dividend of $0.2737 per share. This is an increase from Barclays’s previous semi-annual dividend of $0.27. This represents a yield of 2.7%. The ex-dividend date is Friday, February 28th. Barclays’s dividend payout ratio (DPR) is 20.41%.
Barclays Company Profile
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.
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