Royal Bank of Canada lessened its stake in shares of Barclays PLC (NYSE:BCS) by 1.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,509,984 shares of the financial services provider's stock after selling 96,186 shares during the period. Royal Bank of Canada owned about 0.15% of Barclays worth $73,227,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of BCS. Lindbrook Capital LLC grew its position in Barclays by 7.7% during the 4th quarter. Lindbrook Capital LLC now owns 9,476 shares of the financial services provider's stock worth $126,000 after purchasing an additional 674 shares in the last quarter. Covenant Partners LLC grew its holdings in shares of Barclays by 0.8% during the fourth quarter. Covenant Partners LLC now owns 102,166 shares of the financial services provider's stock valued at $1,358,000 after buying an additional 772 shares in the last quarter. Choreo LLC grew its holdings in shares of Barclays by 1.7% during the fourth quarter. Choreo LLC now owns 46,860 shares of the financial services provider's stock valued at $623,000 after buying an additional 802 shares in the last quarter. Forum Financial Management LP lifted its stake in Barclays by 1.8% in the 4th quarter. Forum Financial Management LP now owns 48,199 shares of the financial services provider's stock worth $641,000 after acquiring an additional 874 shares in the last quarter. Finally, Lake Street Advisors Group LLC boosted its position in Barclays by 2.2% during the 4th quarter. Lake Street Advisors Group LLC now owns 40,500 shares of the financial services provider's stock worth $538,000 after acquiring an additional 880 shares during the period. Institutional investors and hedge funds own 3.39% of the company's stock.
Wall Street Analysts Forecast Growth
BCS has been the topic of a number of research reports. BNP Paribas upgraded Barclays from a "neutral" rating to an "outperform" rating in a report on Tuesday, March 4th. StockNews.com lowered shares of Barclays from a "buy" rating to a "hold" rating in a research note on Thursday, February 27th.
Read Our Latest Stock Report on Barclays
Barclays Price Performance
BCS opened at $17.84 on Wednesday. The stock has a fifty day moving average price of $15.50 and a 200 day moving average price of $14.56. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 5.33. Barclays PLC has a 1 year low of $10.17 and a 1 year high of $17.87. The stock has a market cap of $63.62 billion, a price-to-earnings ratio of 9.70, a PEG ratio of 0.39 and a beta of 1.10.
Barclays (NYSE:BCS - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The financial services provider reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.04. The business had revenue of $10.32 billion during the quarter, compared to analyst estimates of $8.37 billion. Barclays had a return on equity of 7.74% and a net margin of 20.81%. Analysts forecast that Barclays PLC will post 2 EPS for the current fiscal year.
About Barclays
(
Free Report)
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.
Further Reading
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