Deutsche Bank AG Invests $50.19 Million in Barclays PLC (NYSE:BCS)

Deutsche Bank AG purchased a new position in shares of Barclays PLC (NYSE:BCS - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,776,435 shares of the financial services provider's stock, valued at approximately $50,189,000. Deutsche Bank AG owned approximately 0.10% of Barclays at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Duquesne Family Office LLC grew its holdings in Barclays by 58.7% during the fourth quarter. Duquesne Family Office LLC now owns 3,186,855 shares of the financial services provider's stock worth $42,353,000 after buying an additional 1,179,100 shares in the last quarter. Covenant Partners LLC grew its holdings in Barclays by 0.8% during the fourth quarter. Covenant Partners LLC now owns 102,166 shares of the financial services provider's stock worth $1,358,000 after buying an additional 772 shares in the last quarter. Bank of America Corp DE grew its holdings in Barclays by 485.0% during the fourth quarter. Bank of America Corp DE now owns 6,680,869 shares of the financial services provider's stock worth $88,789,000 after buying an additional 5,538,912 shares in the last quarter. Mercer Global Advisors Inc. ADV bought a new stake in Barclays during the fourth quarter worth $3,915,000. Finally, Rehmann Capital Advisory Group grew its stake in Barclays by 41.1% in the 4th quarter. Rehmann Capital Advisory Group now owns 37,031 shares of the financial services provider's stock valued at $492,000 after purchasing an additional 10,788 shares during the period. Institutional investors own 3.39% of the company's stock.

Barclays Stock Performance

NYSE:BCS traded up $0.09 during trading on Friday, reaching $17.43. The company's stock had a trading volume of 13,867,188 shares, compared to its average volume of 14,626,880. The firm has a market cap of $62.42 billion, a price-to-earnings ratio of 9.47, a price-to-earnings-growth 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 firm has a 50 day moving average of $15.40 and a 200-day moving average of $14.50. Barclays PLC has a 12 month low of $10.17 and a 12 month high of $17.48.

Barclays (NYSE:BCS - Get Free Report) last posted its quarterly earnings results 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. The company had revenue of $10.32 billion during the quarter, compared to the consensus estimate of $8.37 billion. Barclays had a return on equity of 7.74% and a net margin of 20.81%. Research analysts expect that Barclays PLC will post 2 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have issued reports on BCS. BNP Paribas upgraded Barclays from a "neutral" rating to an "outperform" rating in a research note on Tuesday, March 4th. StockNews.com downgraded Barclays from a "buy" rating to a "hold" rating in a research note on Thursday, February 27th.

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.