Blue Trust Inc. Increases Stock Holdings in Barclays PLC (NYSE:BCS)

Blue Trust Inc. increased its stake in Barclays PLC (NYSE:BCS - Free Report) by 88.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 48,078 shares of the financial services provider's stock after buying an additional 22,539 shares during the period. Blue Trust Inc.'s holdings in Barclays were worth $738,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BCS. Financial Management Professionals Inc. bought a new position in Barclays in the first quarter worth about $29,000. TD Private Client Wealth LLC raised its stake in shares of Barclays by 135.5% during the 4th 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 in the last quarter. Farther Finance Advisors LLC raised its stake in shares of Barclays by 36.8% during the 4th 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 in the last quarter. SBI Securities Co. Ltd. purchased a new stake in Barclays during the fourth quarter valued at approximately $71,000. Finally, Global Retirement Partners LLC boosted its stake in Barclays by 290.8% in the fourth quarter. Global Retirement Partners LLC now owns 6,413 shares of the financial services provider's stock valued at $85,000 after acquiring an additional 4,772 shares in the last quarter. Institutional investors own 3.39% of the company's stock.

Analyst Ratings Changes

BCS has been the subject of several recent analyst reports. BNP Paribas raised Barclays from a "neutral" rating to an "outperform" rating in a report on Tuesday, March 4th. Wall Street Zen cut shares of Barclays from a "buy" rating to a "hold" rating in a research note on Thursday, February 27th.

Barclays Price Performance

Shares of Barclays stock traded up $0.66 during trading hours on Tuesday, reaching $18.26. The stock had a trading volume of 13,712,328 shares, compared to its average volume of 14,730,530. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 5.75. Barclays PLC has a twelve month low of $10.23 and a twelve month high of $18.45. The stock's 50 day moving average is $16.88 and its 200 day moving average is $15.32. The firm has a market capitalization of $64.95 billion, a PE ratio of 9.27, a PEG ratio of 0.43 and a beta of 1.11.

Barclays (NYSE:BCS - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $0.65 earnings per share for the quarter, topping analysts' consensus estimates of $0.61 by $0.04. The company 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%. Equities analysts expect that Barclays PLC will post 2 earnings per share 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.