Captrust Financial Advisors Cuts Stake in Barclays PLC (NYSE:BCS)

Captrust Financial Advisors lowered its position in shares of Barclays PLC (NYSE:BCS - Free Report) by 57.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,040 shares of the financial services provider's stock after selling 16,247 shares during the quarter. Captrust Financial Advisors' holdings in Barclays were worth $160,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of BCS. Activest Wealth Management purchased a new position in shares of Barclays in the 4th quarter worth about $33,000. Sierra Ocean LLC bought a new stake in Barclays during the 4th quarter valued at about $38,000. TD Private Client Wealth LLC raised its holdings in Barclays by 135.5% in the fourth quarter. TD Private Client Wealth LLC now owns 2,916 shares of the financial services provider's stock worth $39,000 after buying an additional 1,678 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in shares of Barclays by 36.8% in the fourth quarter. Farther Finance Advisors LLC now owns 3,762 shares of the financial services provider's stock worth $50,000 after buying an additional 1,011 shares in the last quarter. Finally, SBI Securities Co. Ltd. purchased a new stake in shares of Barclays during the fourth quarter valued at approximately $71,000. Institutional investors own 3.39% of the company's stock.

Barclays Stock Performance

NYSE:BCS traded down $0.26 on Wednesday, hitting $17.66. The stock had a trading volume of 1,864,812 shares, compared to its average volume of 18,244,086. Barclays PLC has a 52-week low of $10.17 and a 52-week high of $17.96. The stock has a market cap of $62.96 billion, a price-to-earnings ratio of 9.60, a price-to-earnings-growth ratio of 0.39 and a beta of 1.10. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 5.33. The business's 50-day simple moving average is $15.68 and its two-hundred day simple moving average is $14.72.

Barclays (NYSE:BCS - Get Free Report) last announced its earnings results on Wednesday, April 30th. The financial services provider reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.04. The company had revenue of $10.32 billion during the quarter, compared to analyst estimates of $8.37 billion. Barclays had a net margin of 20.81% and a return on equity of 7.74%. As a group, research analysts predict that Barclays PLC will post 2 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts recently commented on BCS shares. BNP Paribas upgraded 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 report on Thursday, February 27th.

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.