AMG National Trust Bank Sells 51,691 Shares of Barclays PLC (NYSE:BCS)

AMG National Trust Bank cut its holdings in shares of Barclays PLC (NYSE:BCS - Free Report) by 33.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 105,146 shares of the financial services provider's stock after selling 51,691 shares during the quarter. AMG National Trust Bank's holdings in Barclays were worth $1,615,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Financial Management Professionals Inc. acquired a new stake in shares of Barclays during the 1st quarter valued at about $29,000. Wealthquest Corp bought a new position in Barclays in the 1st quarter worth approximately $32,000. TD Private Client Wealth LLC increased 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 valued at $39,000 after purchasing an additional 1,678 shares during the period. Wayfinding Financial LLC bought a new stake in Barclays in the first quarter valued at $46,000. Finally, Farther Finance Advisors LLC boosted its position in Barclays by 36.8% in the fourth quarter. Farther Finance Advisors LLC now owns 3,762 shares of the financial services provider's stock valued at $50,000 after buying an additional 1,011 shares in the last quarter. 3.39% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. Wall Street Zen lowered Barclays from a "buy" rating to a "hold" rating in a research note on Sunday, July 13th. Royal Bank Of Canada reissued an "outperform" rating on shares of Barclays in a research note on Wednesday, July 16th. Finally, Citigroup cut Barclays from a "buy" rating to a "neutral" rating in a report on Friday, July 18th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy".

Barclays Trading Up 1.3%

NYSE:BCS traded up $0.25 during mid-day trading on Wednesday, hitting $19.19. The company had a trading volume of 12,226,396 shares, compared to its average volume of 17,573,688. Barclays PLC has a fifty-two week low of $10.23 and a fifty-two week high of $19.25. The business's fifty day moving average is $17.95 and its two-hundred day moving average is $16.00. The company has a debt-to-equity ratio of 5.75, a quick ratio of 1.39 and a current ratio of 1.39. The firm has a market cap of $67.92 billion, a P/E ratio of 9.74, a P/E/G ratio of 0.46 and a beta of 1.10.

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 for the quarter, beating the consensus estimate of $0.61 by $0.04. Barclays had a return on equity of 8.04% and a net margin of 21.27%. The firm had revenue of $10.32 billion for the quarter, compared to analyst estimates of $8.37 billion. As a group, research analysts expect that Barclays PLC will post 2 earnings per share for the current 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.