Crossmark Global Holdings Inc. Cuts Stock Position in Barclays PLC (NYSE:BCS)

Crossmark Global Holdings Inc. trimmed its stake in shares of Barclays PLC (NYSE:BCS - Free Report) by 44.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 754,930 shares of the financial services provider's stock after selling 603,544 shares during the period. Crossmark Global Holdings Inc.'s holdings in Barclays were worth $11,596,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Bank of America Corp DE boosted its position 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 purchasing an additional 5,538,912 shares in the last quarter. Northern Trust Corp lifted its position in shares of Barclays by 20.5% in the fourth quarter. Northern Trust Corp now owns 6,059,544 shares of the financial services provider's stock valued at $80,531,000 after acquiring an additional 1,029,401 shares in the last quarter. Causeway Capital Management LLC lifted its position in shares of Barclays by 8.9% in the fourth quarter. Causeway Capital Management LLC now owns 5,930,467 shares of the financial services provider's stock valued at $78,816,000 after acquiring an additional 484,497 shares in the last quarter. American Century Companies Inc. lifted its position in shares of Barclays by 9.8% in the fourth quarter. American Century Companies Inc. now owns 5,635,864 shares of the financial services provider's stock valued at $74,901,000 after acquiring an additional 505,351 shares in the last quarter. Finally, Natixis Advisors LLC lifted its position in shares of Barclays by 39.5% in the fourth quarter. Natixis Advisors LLC now owns 4,974,981 shares of the financial services provider's stock valued at $66,117,000 after acquiring an additional 1,409,948 shares in the last quarter. 3.39% of the stock is owned by institutional investors and hedge funds.

Barclays Stock Up 1.1%

Shares of Barclays stock traded up $0.21 on Wednesday, reaching $18.52. 2,999,918 shares of the company were exchanged, compared to its average volume of 15,002,738. Barclays PLC has a 1-year low of $10.23 and a 1-year high of $18.75. The company has a market cap of $65.89 billion, a P/E ratio of 9.40, a price-to-earnings-growth ratio of 0.44 and a beta of 1.10. The company has a debt-to-equity ratio of 5.75, a current ratio of 1.39 and a quick ratio of 1.39. The stock's 50 day moving average price is $17.55 and its 200-day moving average price is $15.69.

Barclays (NYSE:BCS - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $0.65 EPS for the quarter, topping analysts' consensus estimates of $0.61 by $0.04. The business 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 8.04% and a net margin of 21.27%. As a group, equities analysts forecast that Barclays PLC will post 2 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised Barclays from a "hold" rating to a "buy" rating in a report on Saturday.

About Barclays

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.