Barclays PLC (NYSE:BCS) Position Reduced by Pathstone Holdings LLC

Pathstone Holdings LLC decreased its position in shares of Barclays PLC (NYSE:BCS) by 10.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,165,243 shares of the financial services provider's stock after selling 130,523 shares during the period. Pathstone Holdings LLC's holdings in Barclays were worth $15,486,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Nomura Holdings Inc. bought a new stake in Barclays during the fourth quarter worth approximately $664,000. Focus Partners Wealth raised its holdings in Barclays by 56.9% during the fourth quarter. Focus Partners Wealth now owns 345,089 shares of the financial services provider's stock worth $4,590,000 after purchasing an additional 125,131 shares in the last quarter. Ellevest Inc. acquired a new position in Barclays in the fourth quarter worth approximately $294,000. Ethic Inc. grew its position in Barclays by 33.9% in the fourth quarter. Ethic Inc. now owns 163,997 shares of the financial services provider's stock worth $2,180,000 after buying an additional 41,501 shares during the last quarter. Finally, Deutsche Bank AG acquired a new position in Barclays in the fourth quarter worth approximately $50,189,000. Institutional investors own 3.39% of the company's stock.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. StockNews.com lowered shares of Barclays from a "buy" rating to a "hold" rating in a research report on Thursday, February 27th. BNP Paribas upgraded shares of Barclays from a "neutral" rating to an "outperform" rating in a research report on Tuesday, March 4th.

Barclays Trading Up 1.6%

NYSE BCS opened at $17.27 on Thursday. Barclays PLC has a twelve month low of $10.17 and a twelve month high of $17.31. 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 stock has a market cap of $61.86 billion, a price-to-earnings ratio of 9.39, a PEG ratio of 0.39 and a beta of 1.10. The firm's 50 day moving average price is $15.31 and its two-hundred day moving average price is $14.41.

Barclays (NYSE:BCS - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.04. Barclays had a net margin of 20.81% and a return on equity of 7.74%. The firm had revenue of $10.32 billion for the quarter, compared to analysts' expectations of $8.37 billion. Equities analysts anticipate that Barclays PLC will post 2 EPS for the current year.

Barclays Profile

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.

Want to see what other hedge funds are holding BCS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Barclays PLC (NYSE:BCS - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.