Barometer Capital Management Inc. grew its holdings in Barclays PLC (NYSE:BCS - Free Report) by 2,009.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 86,500 shares of the financial services provider's stock after purchasing an additional 82,400 shares during the quarter. Barometer Capital Management Inc.'s holdings in Barclays were worth $1,830,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. UMB Bank n.a. increased its position in Barclays by 25.6% in the 4th quarter. UMB Bank n.a. now owns 2,186 shares of the financial services provider's stock valued at $56,000 after acquiring an additional 445 shares in the last quarter. Arkadios Wealth Advisors lifted its position in shares of Barclays by 3.5% during the fourth quarter. Arkadios Wealth Advisors now owns 14,886 shares of the financial services provider's stock worth $379,000 after purchasing an additional 498 shares in the last quarter. Diversified Trust Co. grew its stake in shares of Barclays by 0.4% during the fourth quarter. Diversified Trust Co. now owns 122,957 shares of the financial services provider's stock valued at $3,129,000 after purchasing an additional 507 shares during the last quarter. Root Financial Partners LLC increased its holdings in shares of Barclays by 13.6% in the fourth quarter. Root Financial Partners LLC now owns 4,315 shares of the financial services provider's stock valued at $110,000 after purchasing an additional 517 shares in the last quarter. Finally, Parallel Advisors LLC raised its position in Barclays by 2.7% in the 4th quarter. Parallel Advisors LLC now owns 19,703 shares of the financial services provider's stock worth $501,000 after purchasing an additional 520 shares during the last quarter. 3.39% of the stock is currently owned by institutional investors and hedge funds.
Barclays Price Performance
BCS opened at $27.95 on Wednesday. The stock has a market cap of $95.29 billion, a P/E ratio of 11.65, a P/E/G ratio of 0.46 and a beta of 1.00. Barclays PLC has a 12 month low of $18.68 and a 12 month high of $28.43. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 5.94. The company has a fifty day simple moving average of $25.75 and a 200 day simple moving average of $24.65.
Barclays (NYSE:BCS - Get Free Report) last posted its earnings results on Monday, April 27th. The financial services provider reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.01. The firm had revenue of $5.07 billion for the quarter, compared to analyst estimates of $10.88 billion. Barclays had a return on equity of 8.12% and a net margin of 21.10%. On average, research analysts expect that Barclays PLC will post 2.86 EPS for the current year.
Analysts Set New Price Targets
A number of brokerages have commented on BCS. BNP Paribas Exane lowered Barclays from an "outperform" rating to a "neutral" rating in a research report on Tuesday, April 14th. Citigroup reiterated a "neutral" rating on shares of Barclays in a report on Thursday, July 16th. Weiss Ratings reiterated a "buy (b-)" rating on shares of Barclays in a research report on Friday. Royal Bank Of Canada reissued an "outperform" rating on shares of Barclays in a report on Wednesday, April 29th. Finally, Berenberg Bank began coverage on shares of Barclays in a research note on Wednesday, June 24th. They issued a "buy" rating on the stock. Five analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, Barclays has a consensus rating of "Moderate Buy".
Read Our Latest Analysis on BCS
About Barclays
(
Free Report)
Barclays PLC NYSE: BCS is a British multinational bank and financial services company headquartered in London. The firm provides a broad range of banking and financial products to individual, corporate and institutional customers. Its core activities span retail and business banking, credit cards and payments, corporate and investment banking, and wealth and investment management.
In retail and business banking, Barclays offers deposit accounts, mortgages, personal and business loans, and card services.
Further Reading
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