Barclays PLC (NYSE:BCS) Shares Sold by OLD National Bancorp IN

OLD National Bancorp IN lessened its stake in Barclays PLC (NYSE:BCS - Free Report) by 37.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 25,859 shares of the financial services provider's stock after selling 15,598 shares during the period. OLD National Bancorp IN's holdings in Barclays were worth $397,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Henry James International Management Inc. purchased a new stake in shares of Barclays in the 4th quarter worth $438,000. ABC Arbitrage SA purchased a new stake in Barclays in the fourth quarter worth about $21,514,000. Allspring Global Investments Holdings LLC grew its holdings in Barclays by 3,073.2% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 689,413 shares of the financial services provider's stock worth $9,052,000 after acquiring an additional 667,687 shares in the last quarter. Neuberger Berman Group LLC increased its position in Barclays by 51.0% during the 4th quarter. Neuberger Berman Group LLC now owns 579,964 shares of the financial services provider's stock valued at $7,708,000 after purchasing an additional 195,825 shares during the period. Finally, Envestnet Asset Management Inc. raised its holdings in shares of Barclays by 14.7% in the 4th quarter. Envestnet Asset Management Inc. now owns 3,063,126 shares of the financial services provider's stock valued at $40,709,000 after purchasing an additional 391,899 shares in the last quarter. Institutional investors own 3.39% of the company's stock.

Barclays Stock Down 3.0%

BCS traded down $0.54 on Tuesday, hitting $17.59. The company had a trading volume of 11,657,332 shares, compared to its average volume of 14,735,588. The stock has a market capitalization of $62.57 billion, a price-to-earnings ratio of 9.56, a P/E/G ratio of 0.39 and a beta of 1.11. The company has a debt-to-equity ratio of 5.33, a quick ratio of 1.29 and a current ratio of 1.29. The stock has a fifty day moving average price of $16.07 and a 200-day moving average price of $15.03. Barclays PLC has a 12-month low of $10.17 and a 12-month high of $18.23.

Barclays (NYSE:BCS - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $0.65 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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. Analysts predict that Barclays PLC will post 2 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on BCS shares. Wall Street Zen downgraded shares of 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.