Barclays PLC (NYSE:BCS) shares hit a new 52-week high during trading on Thursday . The company traded as high as $18.88 and last traded at $18.81, with a volume of 1981400 shares. The stock had previously closed at $18.73.
Wall Street Analysts Forecast Growth
A number of analysts have commented on the company. Citigroup lowered Barclays from a "buy" rating to a "neutral" rating in a report on Friday. Wall Street Zen lowered Barclays from a "buy" rating to a "hold" rating in a report on Sunday, July 13th. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Barclays in a report on Wednesday. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, Barclays presently has an average rating of "Moderate Buy".
Check Out Our Latest Stock Report on BCS
Barclays Trading Down 0.6%
The company has a market capitalization of $66.87 billion, a P/E ratio of 9.59, a price-to-earnings-growth ratio of 0.45 and a beta of 1.10. The company has a debt-to-equity ratio of 5.75, a current ratio of 1.39 and a quick ratio of 1.39. The firm has a fifty day moving average price of $17.91 and a 200-day moving average price of $15.93.
Barclays (NYSE:BCS - Get Free Report) last released its earnings results on Wednesday, April 30th. The financial services provider reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.04. The company had revenue of $10.32 billion during the quarter, compared to analyst estimates of $8.37 billion. Barclays had a return on equity of 8.04% and a net margin of 21.27%. On average, equities research analysts anticipate that Barclays PLC will post 2 earnings per share for the current year.
Hedge Funds Weigh In On Barclays
Several institutional investors have recently bought and sold shares of BCS. Financial Management Professionals Inc. purchased a new position in Barclays in the first quarter valued at approximately $29,000. Elequin Capital LP purchased a new position in Barclays in the first quarter valued at approximately $30,000. Wealthquest Corp purchased a new stake in shares of Barclays during the first quarter worth $32,000. TD Private Client Wealth LLC lifted its position in shares of Barclays by 135.5% during the fourth quarter. TD Private Client Wealth LLC now owns 2,916 shares of the financial services provider's stock worth $39,000 after acquiring an additional 1,678 shares in the last quarter. Finally, Zions Bancorporation National Association UT purchased a new stake in shares of Barclays during the first quarter worth $40,000. Hedge funds and other institutional investors own 3.39% of the company's stock.
About Barclays
(
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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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