Barclays PLC (NYSE:BCS) traded up 2.9% during mid-day trading on Wednesday . The company traded as high as $8.95 and last traded at $8.87, with a volume of 3,283,334 shares. The stock had previously closed at $8.62.

A number of equities research analysts have recently issued reports on the stock. BNP Paribas raised shares of Barclays PLC from a “neutral” rating to an “outperform” rating in a report on Thursday, May 26th. Deutsche Bank AG reaffirmed a “hold” rating on shares of Barclays PLC in a report on Thursday, May 26th. Investec lowered shares of Barclays PLC from a “buy” rating to a “hold” rating in a report on Wednesday, May 25th. Zacks Investment Research raised shares of Barclays PLC from a “hold” rating to a “strong-buy” rating and set a $11.00 target price for the company in a report on Friday, September 9th. Finally, Citigroup Inc. reaffirmed a “sell” rating on shares of Barclays PLC in a report on Wednesday, August 31st. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $37.34.

The firm’s market cap is $30.84 billion. The stock has a 50 day moving average of $8.67 and a 200 day moving average of $9.03.

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The company also recently announced a dividend, which was paid on Monday, September 19th. Investors of record on Friday, August 12th were paid a $0.052 dividend. The ex-dividend date was Wednesday, August 10th. Barclays PLC’s payout ratio is -31.25%.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Renaissance Technologies LLC purchased a new position in shares of Barclays PLC during the first quarter valued at $30,217,000. Private Bank & Trust Co. increased its position in shares of Barclays PLC by 28.1% in the second quarter. Private Bank & Trust Co. now owns 27,637 shares of the financial services provider’s stock valued at $210,000 after buying an additional 6,070 shares during the last quarter. Scotia Capital Inc. increased its position in shares of Barclays PLC by 9.9% in the first quarter. Scotia Capital Inc. now owns 24,400 shares of the financial services provider’s stock valued at $210,000 after buying an additional 2,206 shares during the last quarter. State Street Corp increased its position in shares of Barclays PLC by 198.5% in the first quarter. State Street Corp now owns 81,207 shares of the financial services provider’s stock valued at $700,000 after buying an additional 54,000 shares during the last quarter. Finally, HBK Investments L P increased its position in shares of Barclays PLC by 346.8% in the first quarter. HBK Investments L P now owns 357,900 shares of the financial services provider’s stock valued at $3,085,000 after buying an additional 277,800 shares during the last quarter. 2.95% of the stock is owned by hedge funds and other institutional investors.

About Barclays PLC

Barclays PLC is a global financial services holding company. The Company is engaged in retail banking, credit cards, wholesale banking, investment banking, wealth management and investment management services. The Company’s segments include Barclays UK and Barclays Corporate & International. The Barclays UK segment incorporates the UK Personal, small UK Corporate and UK Wealth businesses, and the Barclaycard UK consumer credit cards business.

5 Day Chart for NYSE:BCS

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