Advisors Preferred LLC Purchases Shares of 26,908 Barclays PLC (NYSE:BCS)

Advisors Preferred LLC purchased a new stake in Barclays PLC (NYSE:BCS - Free Report) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 26,908 shares of the financial services provider's stock, valued at approximately $414,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. SYM FINANCIAL Corp lifted its position in shares of Barclays by 12.0% during the first quarter. SYM FINANCIAL Corp now owns 19,347 shares of the financial services provider's stock worth $297,000 after purchasing an additional 2,073 shares in the last quarter. Y Intercept Hong Kong Ltd lifted its position in shares of Barclays by 108.5% during the first quarter. Y Intercept Hong Kong Ltd now owns 87,981 shares of the financial services provider's stock worth $1,351,000 after purchasing an additional 45,777 shares in the last quarter. Private Advisor Group LLC raised its stake in shares of Barclays by 4.2% during the first quarter. Private Advisor Group LLC now owns 42,909 shares of the financial services provider's stock worth $659,000 after buying an additional 1,748 shares during the last quarter. Diversify Advisory Services LLC raised its stake in shares of Barclays by 30.5% during the first quarter. Diversify Advisory Services LLC now owns 22,189 shares of the financial services provider's stock worth $358,000 after buying an additional 5,183 shares during the last quarter. Finally, Burns Matteson Capital Management LLC bought a new stake in shares of Barclays during the first quarter worth approximately $150,000. 3.39% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms recently weighed in on BCS. Royal Bank Of Canada reissued an "outperform" rating on shares of Barclays in a research note on Wednesday, July 16th. Wall Street Zen downgraded shares of Barclays from a "buy" rating to a "hold" rating in a research note on Sunday, July 13th. Finally, Citigroup downgraded shares of Barclays from a "buy" rating to a "neutral" rating in a research note on Friday, July 18th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy".

Barclays Stock Down 0.3%

Shares of BCS stock traded down $0.07 during trading hours on Thursday, hitting $19.40. 20,715,215 shares of the company were exchanged, compared to its average volume of 18,244,100. The business has a 50 day moving average of $18.12 and a two-hundred day moving average of $16.13. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 5.75. Barclays PLC has a 52 week low of $10.23 and a 52 week high of $19.66. The company has a market capitalization of $68.66 billion, a PE ratio of 9.85, a PEG ratio of 0.47 and a beta of 1.10.

Barclays (NYSE:BCS - Get Free Report) last announced its earnings results on Wednesday, April 30th. The financial services provider reported $0.65 EPS for the quarter, topping the consensus estimate of $0.61 by $0.04. Barclays had a net margin of 21.27% and a return on equity of 8.04%. The business had revenue of $10.32 billion during the quarter, compared to analysts' expectations of $8.37 billion. Analysts anticipate that Barclays PLC will post 2 earnings per share for the current fiscal year.

Barclays Company 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.