Barclays PLC (NYSE:BCS) Shares Sold by ACR Alpine Capital Research LLC

ACR Alpine Capital Research LLC decreased its stake in shares of Barclays PLC (NYSE:BCS - Free Report) by 15.3% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 793,122 shares of the financial services provider's stock after selling 143,800 shares during the quarter. Barclays comprises 0.3% of ACR Alpine Capital Research LLC's holdings, making the stock its 17th largest position. ACR Alpine Capital Research LLC's holdings in Barclays were worth $12,182,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in BCS. Charles Schwab Investment Management Inc. lifted its position in Barclays by 15.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 308,721 shares of the financial services provider's stock worth $4,103,000 after buying an additional 40,437 shares in the last quarter. Corient Private Wealth LLC lifted its position in Barclays by 1.8% during the fourth quarter. Corient Private Wealth LLC now owns 62,696 shares of the financial services provider's stock worth $833,000 after buying an additional 1,105 shares in the last quarter. TD Private Client Wealth LLC lifted its position in 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 buying an additional 1,678 shares in the last quarter. LPL Financial LLC lifted its position in Barclays by 65.5% during the fourth quarter. LPL Financial LLC now owns 163,719 shares of the financial services provider's stock worth $2,176,000 after buying an additional 64,801 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of Barclays by 59.8% during the 4th quarter. JPMorgan Chase & Co. now owns 1,307,141 shares of the financial services provider's stock valued at $17,372,000 after buying an additional 489,281 shares during the period. Hedge funds and other institutional investors own 3.39% of the company's stock.

Barclays Trading Down 0.3%

NYSE:BCS traded down $0.07 on Thursday, reaching $19.40. The company's stock had a trading volume of 20,715,215 shares, compared to its average volume of 18,244,100. Barclays PLC has a 12-month low of $10.23 and a 12-month high of $19.66. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 5.75. The firm has a market cap of $68.66 billion, a price-to-earnings ratio of 9.85, a price-to-earnings-growth ratio of 0.47 and a beta of 1.10. The stock has a 50 day moving average price of $18.12 and a 200 day moving average price of $16.13.

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

Wall Street Analyst Weigh In

BCS has been the topic of a number of research analyst reports. Royal Bank Of Canada restated an "outperform" rating on shares of Barclays in a research report on Wednesday, July 16th. Wall Street Zen downgraded Barclays from a "buy" rating to a "hold" rating in a research report on Sunday, July 13th. Finally, Citigroup downgraded Barclays from a "buy" rating to a "neutral" rating in a research 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 stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy".

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.