Barclays PLC Invests $492,000 in Finance of America Companies Inc. (NYSE:FOA)

Barclays PLC purchased a new position in shares of Finance of America Companies Inc. (NYSE:FOA - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 17,500 shares of the company's stock, valued at approximately $492,000. Barclays PLC owned 0.18% of Finance of America Companies at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. National Bank of Canada FI acquired a new position in Finance of America Companies during the 4th quarter worth about $52,000. Geode Capital Management LLC grew its holdings in shares of Finance of America Companies by 2.9% in the fourth quarter. Geode Capital Management LLC now owns 79,123 shares of the company's stock valued at $2,226,000 after purchasing an additional 2,207 shares in the last quarter. O Shaughnessy Asset Management LLC purchased a new stake in Finance of America Companies during the 4th quarter worth approximately $369,000. Citizens Financial Group Inc. RI acquired a new stake in Finance of America Companies during the 4th quarter worth approximately $562,000. Finally, American Century Companies Inc. purchased a new position in Finance of America Companies in the 4th quarter valued at approximately $781,000. 97.20% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

FOA has been the topic of a number of recent research reports. Raymond James upped their price objective on Finance of America Companies from $27.00 to $30.00 and gave the stock an "outperform" rating in a research report on Tuesday, March 25th. UBS Group lowered their target price on Finance of America Companies from $25.00 to $22.50 and set a "neutral" rating for the company in a research note on Wednesday, April 16th.

Finance of America Companies Stock Down 0.9%

Shares of FOA stock traded down $0.20 during trading hours on Wednesday, reaching $21.62. 28,866 shares of the stock were exchanged, compared to its average volume of 128,950. The business's fifty day moving average is $20.56 and its two-hundred day moving average is $22.32. The firm has a market capitalization of $231.59 million, a P/E ratio of 1.85 and a beta of 1.42. Finance of America Companies Inc. has a 12-month low of $4.10 and a 12-month high of $32.40. The company has a debt-to-equity ratio of 40.07, a current ratio of 2.80 and a quick ratio of 2.80.

Finance of America Companies (NYSE:FOA - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The company reported $0.52 earnings per share for the quarter, beating analysts' consensus estimates of $0.37 by $0.15. The business had revenue of $165.70 million for the quarter, compared to analyst estimates of $79.56 million. Finance of America Companies had a net margin of 18.89% and a negative return on equity of 4.00%. As a group, research analysts expect that Finance of America Companies Inc. will post 0.75 EPS for the current fiscal year.

About Finance of America Companies

Finance of America Companies Inc a financial service holding company, through its subsidiaries, engages in the operation of a retirement solutions platform in the United States. It operates through two segments: Retirement Solutions and Portfolio Management. The Retirement Solutions segment engages in the loan origination activities comprising home equity conversion, proprietary reverse, and hybrid mortgage loans for senior homeowners.