Barclays PLC (NYSE:BCS) Shares Sold by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. cut its stake in shares of Barclays PLC (NYSE:BCS - Free Report) by 20.8% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 265,158 shares of the financial services provider's stock after selling 69,739 shares during the period. Oppenheimer Asset Management Inc.'s holdings in Barclays were worth $4,073,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Financial Management Professionals Inc. acquired a new position in Barclays during the first quarter worth $29,000. TD Private Client Wealth LLC raised 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 acquiring an additional 1,678 shares during the period. Farther Finance Advisors LLC raised its position in Barclays by 36.8% during the fourth quarter. Farther Finance Advisors LLC now owns 3,762 shares of the financial services provider's stock worth $50,000 after acquiring an additional 1,011 shares during the period. SBI Securities Co. Ltd. acquired a new position in Barclays during the fourth quarter worth $71,000. Finally, Global Retirement Partners LLC raised its position in Barclays by 290.8% during the fourth quarter. Global Retirement Partners LLC now owns 6,413 shares of the financial services provider's stock worth $85,000 after acquiring an additional 4,772 shares during the period. 3.39% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, BNP Paribas upgraded shares of Barclays from a "neutral" rating to an "outperform" rating in a research report on Tuesday, March 4th.

Barclays Price Performance

Shares of NYSE BCS traded up $0.30 during mid-day trading on Friday, reaching $18.63. The company's stock had a trading volume of 23,961,929 shares, compared to its average volume of 14,844,235. The stock has a 50-day moving average of $17.17 and a two-hundred day moving average of $15.45. The stock has a market capitalization of $66.27 billion, a P/E ratio of 9.45, a P/E/G ratio of 0.45 and a beta of 1.11. The company has a debt-to-equity ratio of 5.75, a quick ratio of 1.39 and a current ratio of 1.39. Barclays PLC has a 1-year low of $10.23 and a 1-year high of $18.75.

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