Quadrature Capital Ltd purchased a new stake in Barclays PLC (NYSE:BCS) in the second quarter, HoldingsChannel.com reports. The institutional investor purchased 132,843 shares of the financial services provider’s stock, valued at approximately $2,468,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in BCS. Mark Sheptoff Financial Planning LLC bought a new position in shares of Barclays in the second quarter valued at $28,000. Elequin Capital LP acquired a new stake in Barclays in the first quarter valued at $30,000. Wealthquest Corp bought a new position in shares of Barclays in the 1st quarter valued at about $32,000. Zions Bancorporation National Association UT acquired a new position in shares of Barclays during the 1st quarter worth about $40,000. Finally, WPG Advisers LLC bought a new stake in shares of Barclays in the 1st quarter valued at about $40,000. Institutional investors own 3.39% of the company’s stock.
Barclays Stock Performance
NYSE:BCS opened at $22.92 on Friday. The stock has a 50 day simple moving average of $20.99 and a 200 day simple moving average of $19.68. The stock has a market cap of $79.78 billion, a P/E ratio of 10.56, a PEG ratio of 0.43 and a beta of 1.14. Barclays PLC has a 1-year low of $12.14 and a 1-year high of $22.91. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 5.94.
Wall Street Analysts Forecast Growth
A number of equities analysts recently commented on the company. Morgan Stanley reiterated an “overweight” rating on shares of Barclays in a report on Monday, November 24th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Barclays in a research report on Thursday, October 23rd. Wall Street Zen lowered Barclays from a “buy” rating to a “hold” rating in a report on Friday, October 3rd. Weiss Ratings restated a “buy (b)” rating on shares of Barclays in a research note on Wednesday, October 8th. Finally, Zacks Research downgraded Barclays from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 28th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.
Read Our Latest Stock Analysis on Barclays
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.
Featured Articles
- Five stocks we like better than Barclays
- What Are Dividend Challengers?
- Meta Platforms May Ditch NVIDIA Chips—Here’s Why Investors Care
- The Role Economic Reports Play in a Successful Investment Strategy
- SoFi Technologies: From Fintech Speculation to Profit Engine
- Growth Stocks: What They Are, What They Are Not
- Gold to $5,000? What Bank of America and UBS Have to Say
Want to see what other hedge funds are holding BCS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Barclays PLC (NYSE:BCS – Free Report).
Receive News & Ratings for Barclays Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barclays and related companies with MarketBeat.com's FREE daily email newsletter.
