91,510 Shares in Barclays PLC (NYSE:BCS) Acquired by Price Capital Management Inc.

Price Capital Management Inc. acquired a new stake in shares of Barclays PLC (NYSE:BCS - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 91,510 shares of the financial services provider's stock, valued at approximately $1,406,000. Barclays comprises about 3.5% of Price Capital Management Inc.'s holdings, making the stock its 22nd largest holding.

A number of other institutional investors have also modified their holdings of the business. Ballentine Partners LLC boosted its holdings in shares of Barclays by 2.2% during the first quarter. Ballentine Partners LLC now owns 31,547 shares of the financial services provider's stock valued at $485,000 after acquiring an additional 668 shares during the period. D Orazio & Associates Inc. lifted its holdings in Barclays by 2.1% in the first quarter. D Orazio & Associates Inc. now owns 36,873 shares of the financial services provider's stock worth $566,000 after purchasing an additional 759 shares during the period. Covenant Partners LLC lifted its holdings in Barclays by 0.8% in the fourth quarter. Covenant Partners LLC now owns 102,166 shares of the financial services provider's stock worth $1,358,000 after purchasing an additional 772 shares during the period. Forum Financial Management LP increased its position in shares of Barclays by 1.8% during the 4th quarter. Forum Financial Management LP now owns 48,199 shares of the financial services provider's stock valued at $641,000 after purchasing an additional 874 shares during the period. Finally, Kovitz Investment Group Partners LLC raised its stake in shares of Barclays by 1.2% in the 4th quarter. Kovitz Investment Group Partners LLC now owns 89,567 shares of the financial services provider's stock worth $1,190,000 after buying an additional 1,069 shares in the last quarter. Institutional investors own 3.39% of the company's stock.

Analyst Ratings Changes

BCS has been the subject of several research reports. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Barclays in a research note on Wednesday, July 16th. Citigroup downgraded shares of Barclays from a "buy" rating to a "neutral" rating in a report on Friday, July 18th. Finally, Wall Street Zen downgraded shares of Barclays from a "buy" rating to a "hold" rating in a report on Sunday, July 13th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy".

Barclays Trading Up 1.1%

BCS stock traded up $0.21 during mid-day trading on Friday, reaching $19.61. 16,138,923 shares of the stock traded hands, compared to its average volume of 18,708,160. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 5.75. Barclays PLC has a 52-week low of $10.23 and a 52-week high of $19.66. The company has a market cap of $69.42 billion, a P/E ratio of 9.95, a P/E/G ratio of 0.47 and a beta of 1.10. The stock's fifty day moving average is $18.17 and its 200-day moving average is $16.17.

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

Barclays 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.