Barclays PLC (NYSE:BCS) Shares Sold by Millennium Management LLC

Millennium Management LLC lowered its position in Barclays PLC (NYSE:BCS - Free Report) by 87.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 95,707 shares of the financial services provider's stock after selling 649,844 shares during the quarter. Millennium Management LLC's holdings in Barclays were worth $1,272,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE boosted its holdings in Barclays by 485.0% during the 4th quarter. Bank of America Corp DE now owns 6,680,869 shares of the financial services provider's stock valued at $88,789,000 after acquiring an additional 5,538,912 shares during the period. Northern Trust Corp lifted its position in shares of Barclays by 20.5% during the fourth quarter. Northern Trust Corp now owns 6,059,544 shares of the financial services provider's stock worth $80,531,000 after purchasing an additional 1,029,401 shares during the last quarter. Causeway Capital Management LLC boosted its stake in shares of Barclays by 8.9% during the fourth quarter. Causeway Capital Management LLC now owns 5,930,467 shares of the financial services provider's stock valued at $78,816,000 after purchasing an additional 484,497 shares during the period. American Century Companies Inc. grew its holdings in shares of Barclays by 9.8% in the fourth quarter. American Century Companies Inc. now owns 5,635,864 shares of the financial services provider's stock worth $74,901,000 after purchasing an additional 505,351 shares during the last quarter. Finally, Natixis Advisors LLC increased its stake in Barclays by 39.5% in the 4th quarter. Natixis Advisors LLC now owns 4,974,981 shares of the financial services provider's stock worth $66,117,000 after buying an additional 1,409,948 shares during the period. Institutional investors own 3.39% of the company's stock.

Barclays Stock Performance

BCS traded up $0.35 on Friday, reaching $18.22. 12,738,656 shares of the stock were exchanged, compared to its average volume of 14,744,789. The company has a debt-to-equity ratio of 5.33, a current ratio of 1.29 and a quick ratio of 1.29. The company's 50-day moving average price is $15.96 and its 200 day moving average price is $14.93. The firm has a market capitalization of $64.96 billion, a PE ratio of 9.90, a PEG ratio of 0.39 and a beta of 1.11. Barclays PLC has a fifty-two week low of $10.17 and a fifty-two week high of $18.35.

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

Analysts Set New Price Targets

Several brokerages have recently commented on BCS. Wall Street Zen lowered Barclays from a "buy" rating to a "hold" rating in a research note on Thursday, February 27th. BNP Paribas raised Barclays from a "neutral" rating to an "outperform" rating in a research report on Tuesday, March 4th.

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.