Y Intercept Hong Kong Ltd Has $1.35 Million Position in Barclays PLC (NYSE:BCS)

Y Intercept Hong Kong Ltd boosted its position in Barclays PLC (NYSE:BCS - Free Report) by 108.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 87,981 shares of the financial services provider's stock after buying an additional 45,777 shares during the quarter. Y Intercept Hong Kong Ltd's holdings in Barclays were worth $1,351,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of BCS. Charles Schwab Investment Management Inc. raised its position 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 purchasing an additional 40,437 shares during the period. Corient Private Wealth LLC increased its position in Barclays by 1.8% in the fourth quarter. Corient Private Wealth LLC now owns 62,696 shares of the financial services provider's stock worth $833,000 after buying an additional 1,105 shares during the period. TD Private Client Wealth LLC lifted its stake in Barclays by 135.5% in the fourth quarter. TD Private Client Wealth LLC now owns 2,916 shares of the financial services provider's stock valued at $39,000 after buying an additional 1,678 shares during the last quarter. LPL Financial LLC boosted its stake in Barclays by 65.5% during the 4th quarter. LPL Financial LLC now owns 163,719 shares of the financial services provider's stock valued at $2,176,000 after purchasing an additional 64,801 shares during the period. Finally, JPMorgan Chase & Co. grew its position in Barclays by 59.8% in the 4th quarter. JPMorgan Chase & Co. now owns 1,307,141 shares of the financial services provider's stock worth $17,372,000 after purchasing an additional 489,281 shares during the last quarter. Institutional investors own 3.39% of the company's stock.

Barclays Stock Up 1.1%

Shares of Barclays stock traded up $0.21 during midday trading on Friday, hitting $19.61. The company's stock had a trading volume of 16,138,923 shares, compared to its average volume of 18,708,160. Barclays PLC has a 1-year low of $10.23 and a 1-year high of $19.66. The firm has a market capitalization of $69.42 billion, a P/E ratio of 9.95, a PEG ratio of 0.47 and a beta of 1.10. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 5.75. The stock has a 50-day simple moving average of $18.17 and a 200-day simple moving average of $16.19.

Barclays (NYSE:BCS - Get Free Report) last posted its quarterly earnings results 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 21.27% and a return on equity of 8.04%. The business 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.

Wall Street Analyst Weigh In

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

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.