Barclays PLC (NYSE:BCS)'s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $16.83 and last traded at $16.72, with a volume of 35504 shares changing hands. The stock had previously closed at $16.53.
Analyst Ratings Changes
A number of brokerages have recently issued reports on BCS. StockNews.com cut shares of Barclays from a "buy" rating to a "hold" rating in a research note on Thursday, February 27th. BNP Paribas raised shares of Barclays from a "neutral" rating to an "outperform" rating in a research note on Tuesday, March 4th.
View Our Latest Stock Report on Barclays
Barclays Stock Up 0.5%
The firm has a market cap of $62.42 billion, a PE ratio of 9.47, a PEG ratio of 0.39 and a beta of 1.10. The company has a debt-to-equity ratio of 5.33, a quick ratio of 1.29 and a current ratio of 1.29. The company's 50-day simple moving average is $15.40 and its two-hundred day simple moving average is $14.47.
Barclays (NYSE:BCS - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The financial services provider reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.04. The business had revenue of $10.32 billion during the quarter, compared to analysts' expectations of $8.37 billion. Barclays had a net margin of 20.81% and a return on equity of 7.74%. On average, analysts predict that Barclays PLC will post 2 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Barclays
Several institutional investors have recently added to or reduced their stakes in BCS. Park Avenue Securities LLC boosted its position in Barclays by 190.2% during the 4th quarter. Park Avenue Securities LLC now owns 159,536 shares of the financial services provider's stock valued at $2,120,000 after buying an additional 104,555 shares during the period. Redhawk Wealth Advisors Inc. raised its holdings in Barclays by 28.0% in the 4th quarter. Redhawk Wealth Advisors Inc. now owns 44,541 shares of the financial services provider's stock worth $592,000 after purchasing an additional 9,743 shares in the last quarter. Contravisory Investment Management Inc. bought a new position in Barclays in the 4th quarter worth $194,000. Brooklyn Investment Group bought a new position in Barclays in the 4th quarter worth $26,000. Finally, HB Wealth Management LLC bought a new position in Barclays in the 4th quarter worth $138,000. Hedge funds and other institutional investors own 3.39% of the company's stock.
About Barclays
(
Get Free Report)
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.
See Also
Before you consider Barclays, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Barclays wasn't on the list.
While Barclays currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Today, we are inviting you to take a free peek at our proprietary, exclusive, and up-to-the-minute list of 20 stocks that Wall Street's top analysts hate.
Many of these appear to have good fundamentals and might seem like okay investments, but something is wrong. Analysts smell something seriously rotten about these companies. These are true "Strong Sell" stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
