New York State Common Retirement Fund Purchases 733,520 Shares of Barclays PLC (NYSE:BCS)

New York State Common Retirement Fund lifted its position in shares of Barclays PLC (NYSE:BCS - Free Report) by 65.7% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 1,850,260 shares of the financial services provider's stock after acquiring an additional 733,520 shares during the quarter. New York State Common Retirement Fund owned approximately 0.05% of Barclays worth $28,420,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in BCS. Charles Schwab Investment Management Inc. grew its stake in shares of Barclays by 15.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 308,721 shares of the financial services provider's stock worth $4,103,000 after acquiring an additional 40,437 shares during the period. Wealthfront Advisers LLC bought a new position in shares of Barclays during the 4th quarter worth $169,000. Moors & Cabot Inc. boosted its stake in Barclays by 15.2% in the 4th quarter. Moors & Cabot Inc. now owns 12,659 shares of the financial services provider's stock worth $168,000 after purchasing an additional 1,675 shares during the period. Sequoia Financial Advisors LLC boosted its stake in Barclays by 4.1% in the 4th quarter. Sequoia Financial Advisors LLC now owns 31,410 shares of the financial services provider's stock worth $417,000 after purchasing an additional 1,230 shares during the period. Finally, Farther Finance Advisors LLC boosted its stake 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 during the period. Institutional investors own 3.39% of the company's stock.

Barclays Price Performance

NYSE BCS traded down $0.17 during trading hours on Tuesday, hitting $18.48. The company had a trading volume of 26,192,454 shares, compared to its average volume of 15,162,276. The firm has a 50 day simple moving average of $17.75 and a 200 day simple moving average of $15.85. Barclays PLC has a 52 week low of $10.23 and a 52 week high of $18.82. The firm has a market capitalization of $65.40 billion, a price-to-earnings ratio of 9.38, a PEG ratio of 0.45 and a beta of 1.10. The company has a debt-to-equity ratio of 5.75, a quick ratio of 1.39 and a current ratio of 1.39.

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

Wall Street Analyst Weigh In

Separately, Wall Street Zen downgraded Barclays from a "buy" rating to a "hold" rating in a research note on Sunday.

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.