Barclays PLC (NYSE:BCS) Shares Sold by Crossmark Global Holdings Inc.

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

Other institutional investors also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp raised its stake in Barclays by 8.9% in the fourth quarter. Bank of New York Mellon Corp now owns 900,577 shares of the financial services provider's stock valued at $11,969,000 after buying an additional 73,724 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in shares of Barclays by 60.9% in the fourth quarter. Jones Financial Companies Lllp now owns 22,447 shares of the financial services provider's stock valued at $298,000 after purchasing an additional 8,496 shares during the period. SBI Securities Co. Ltd. acquired a new position in shares of Barclays in the fourth quarter valued at about $71,000. Charles Schwab Investment Management Inc. increased its holdings in shares of Barclays by 15.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 308,721 shares of the financial services provider's stock valued at $4,103,000 after purchasing an additional 40,437 shares during the period. Finally, Assetmark Inc. increased its holdings in shares of Barclays by 1,434.5% in the fourth quarter. Assetmark Inc. now owns 12,706 shares of the financial services provider's stock valued at $169,000 after purchasing an additional 11,878 shares during the period. Institutional investors own 3.39% of the company's stock.

Wall Street Analyst Weigh In

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

Barclays Trading Up 1.8%

Barclays stock traded up $0.33 during trading on Wednesday, reaching $18.64. 15,751,146 shares of the company were exchanged, compared to its average volume of 15,066,400. Barclays PLC has a 52-week low of $10.23 and a 52-week high of $18.75. The company has a market capitalization of $66.32 billion, a P/E ratio of 9.46, a PEG 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 simple moving average is $17.55 and its two-hundred day simple moving average is $15.69.

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 research analysts expect that Barclays PLC will post 2 earnings per share for the current fiscal year.

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.