Employees Retirement System of Texas Decreases Stock Holdings in Barclays PLC (NYSE:BCS)

Employees Retirement System of Texas lessened its holdings in shares of Barclays PLC (NYSE:BCS - Free Report) by 27.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 454,636 shares of the financial services provider's stock after selling 170,465 shares during the quarter. Employees Retirement System of Texas' holdings in Barclays were worth $6,042,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Activest Wealth Management purchased a new stake in Barclays in the fourth quarter worth $33,000. Sierra Ocean LLC purchased a new stake in shares of Barclays in the 4th quarter worth about $38,000. TD Private Client Wealth LLC increased its stake in shares of 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 acquiring an additional 1,678 shares in the last quarter. Farther Finance Advisors LLC lifted its position in Barclays by 36.8% during the 4th quarter. Farther Finance Advisors LLC now owns 3,762 shares of the financial services provider's stock valued at $50,000 after acquiring an additional 1,011 shares during the period. Finally, SBI Securities Co. Ltd. bought a new stake in Barclays during the fourth quarter worth about $71,000. 3.39% of the stock is owned by hedge funds and other institutional investors.

Barclays Stock Up 0.2%

Shares of NYSE:BCS traded up $0.04 on Friday, hitting $17.84. 13,083,462 shares of the company traded hands, compared to its average volume of 14,722,834. Barclays PLC has a 52 week low of $10.17 and a 52 week high of $17.96. The stock has a 50 day simple moving average of $15.79 and a 200-day simple moving average of $14.80. The company has a market cap of $63.62 billion, a PE ratio of 9.70, a PEG 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.

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

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on BCS shares. Wall Street Zen cut shares of Barclays from a "buy" rating to a "hold" rating in a report on Thursday, February 27th. BNP Paribas upgraded Barclays from a "neutral" rating to an "outperform" rating in a research note on Tuesday, March 4th.

About Barclays

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.