Barclays PLC (NYSE:BCS) Shares Acquired by Eagle Asset Management Inc.

Eagle Asset Management Inc. grew its stake in shares of Barclays PLC (NYSE:BCS) by 11.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 65,048 shares of the financial services provider’s stock after acquiring an additional 6,752 shares during the period. Eagle Asset Management Inc.’s holdings in Barclays were worth $851,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Rothschild Investment LLC acquired a new stake in shares of Barclays during the second quarter valued at $30,000. Symphony Financial Ltd. Co. purchased a new stake in shares of Barclays during the 3rd quarter worth about $42,000. EverSource Wealth Advisors LLC raised its stake in shares of Barclays by 71.8% in the 1st quarter. EverSource Wealth Advisors LLC now owns 3,647 shares of the financial services provider’s stock valued at $37,000 after acquiring an additional 1,524 shares during the period. Hexagon Capital Partners LLC raised its position in Barclays by 32.4% in the third quarter. Hexagon Capital Partners LLC now owns 4,624 shares of the financial services provider’s stock valued at $56,000 after purchasing an additional 1,132 shares during the period. Finally, EntryPoint Capital LLC acquired a new position in Barclays during the 1st quarter worth approximately $48,000. 3.39% of the stock is owned by institutional investors and hedge funds.

Barclays Trading Up 2.9 %

Barclays stock opened at $13.34 on Tuesday. The firm’s 50 day moving average price is $12.60 and its two-hundred day moving average price is $11.78. The company has a debt-to-equity ratio of 5.67, a quick ratio of 1.35 and a current ratio of 1.35. The firm has a market cap of $48.31 billion, a price-to-earnings ratio of 9.07 and a beta of 1.41. Barclays PLC has a 1 year low of $7.02 and a 1 year high of $13.57.

Barclays (NYSE:BCS) last posted its earnings results on Thursday, October 24th. The financial services provider reported $0.56 earnings per share for the quarter. The business had revenue of $8.52 billion for the quarter. Barclays had a net margin of 17.83% and a return on equity of 6.30%. During the same period in the previous year, the firm earned $0.42 EPS. On average, research analysts predict that Barclays PLC will post 1.71 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on BCS. Kepler Capital Markets began coverage on shares of Barclays in a research report on Thursday, September 5th. They set a “buy” rating for the company. The Goldman Sachs Group assumed coverage on shares of Barclays in a research note on Tuesday, October 8th. They set a “buy” rating on the stock. Finally, StockNews.com downgraded Barclays from a “strong-buy” rating to a “buy” rating in a report on Friday.

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.