Cerity Partners LLC Has $3.63 Million Stock Position in Barclays PLC (NYSE:BCS)

Cerity Partners LLC lifted its holdings in shares of Barclays PLC (NYSE:BCS - Free Report) by 39.2% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 236,094 shares of the financial services provider's stock after buying an additional 66,512 shares during the period. Cerity Partners LLC's holdings in Barclays were worth $3,626,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Financial Management Professionals Inc. acquired a new position in shares of Barclays during the 1st quarter worth $29,000. Wealthquest Corp acquired a new position in Barclays in the 1st quarter worth about $32,000. TD Private Client Wealth LLC increased its holdings in Barclays by 135.5% in the 4th quarter. TD Private Client Wealth LLC now owns 2,916 shares of the financial services provider's stock worth $39,000 after purchasing an additional 1,678 shares in the last quarter. Wayfinding Financial LLC acquired a new position in Barclays in the 1st quarter worth about $46,000. Finally, Farther Finance Advisors LLC increased its holdings in Barclays by 36.8% in the 4th quarter. Farther Finance Advisors LLC now owns 3,762 shares of the financial services provider's stock worth $50,000 after purchasing an additional 1,011 shares in the last quarter. Institutional investors and hedge funds own 3.39% of the company's stock.

Barclays Trading Down 0.6%

Shares of NYSE BCS traded down $0.12 during trading on Friday, reaching $18.89. The company had a trading volume of 23,648,918 shares, compared to its average volume of 15,344,755. The company's fifty day moving average price is $17.91 and its 200-day moving average price is $15.93. Barclays PLC has a 12 month low of $10.23 and a 12 month high of $19.04. The stock has a market cap of $66.87 billion, a P/E ratio of 9.59, a PEG ratio of 0.45 and a beta of 1.10. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 5.75.

Barclays (NYSE:BCS - Get Free Report) last announced its earnings results on Wednesday, April 30th. The financial services provider reported $0.65 EPS for the quarter, beating the consensus estimate of $0.61 by $0.04. Barclays had a return on equity of 8.04% and a net margin of 21.27%. The company had revenue of $10.32 billion for the quarter, compared to analyst estimates of $8.37 billion. As a group, research analysts expect that Barclays PLC will post 2 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Barclays in a report on Wednesday. Citigroup cut Barclays from a "buy" rating to a "neutral" rating in a report on Friday. Finally, Wall Street Zen lowered Barclays from a "buy" rating to a "hold" rating in a research report on Sunday, July 13th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy".

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.