In yesterday’s Wall Street session, Barclays PLC (NYSE:BCS) shares traded at $7.71, up 0.78% from the previous session.
As of this writing, 19 analysts cover Barclays PLC (NYSE:BCS). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $16.45 and a low of $8.74, we find $11.06. Given the previous closing price of $7.65, this indicates a potential upside of 44.58 percent. BCS stock price is now -2.39% away from the 50-day moving average and -1.91% away from the 200-day moving average. The market capitalization of the company currently stands at $29.47B.
There are 7 analysts who have given it a hold rating, whereas 11 have given it a buy rating. Brokers who have rated the stock have averaged $11.72 as their price target over the next twelve months.
A total of 12.00% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in BCS stock. A new stake in Barclays PLC shares was purchased by JANE STREET GROUP, LLC during the first quarter worth $32,798,000. OPTIVER HOLDING B.V. invested $32,468,000 in shares of BCS during the first quarter. In the first quarter, GROUP ONE TRADING, L.P. acquired a new stake in Barclays PLC valued at approximately $3,372,000. OLD MISSION CAPITAL, LLC acquired a new stake in BCS for approximately $3,074,000. ORION PORTFOLIO SOLUTIONS, LLC purchased a new stake in BCS valued at around $1,654,000 in the second quarter. In total, there are 329 active investors with 3.50% ownership of the company’s stock.
During the past 12 months, Barclays PLC has had a low of $5.89 and a high of $9.44. The fifty day moving average price for BCS is $7.89 and a two-hundred day moving average price translates $7.87 for the stock.
The latest earnings results from Barclays PLC (NYSE: BCS) was released for Jun, 2023. The company reported revenue of $7.87 billion for the quarter, compared to $8.72 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -9.72 percent.
Moreover, the firm recently paid out its quarterly dividend on 09/15/2023. Investors who held shares on 08/11/2023 were paid a $0.1397736 dividend. On an annualized basis, this represents a $0.39 dividend and a 5.01% percent yield. There was an ex-dividend date of 08/10/2023 for this dividend. In terms of dividend payout ratio, BCS is presently at 20.47%.
