Vise Technologies Inc. Acquires 28,402 Shares of Barclays PLC $BCS

Vise Technologies Inc. raised its holdings in shares of Barclays PLC (NYSE:BCS) by 32.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 116,657 shares of the financial services provider’s stock after purchasing an additional 28,402 shares during the period. Vise Technologies Inc.’s holdings in Barclays were worth $2,969,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of BCS. Norges Bank bought a new position in Barclays during the 4th quarter valued at approximately $141,248,000. Ameriprise Financial Inc. raised its position in Barclays by 793.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,777,017 shares of the financial services provider’s stock valued at $99,073,000 after purchasing an additional 4,242,360 shares during the last quarter. Fisher Asset Management LLC grew its holdings in shares of Barclays by 4.3% during the 4th quarter. Fisher Asset Management LLC now owns 89,750,069 shares of the financial services provider’s stock worth $2,284,139,000 after acquiring an additional 3,722,757 shares during the period. Main Street Research LLC purchased a new position in shares of Barclays during the 3rd quarter worth approximately $35,035,000. Finally, BNP Paribas Financial Markets grew its holdings in shares of Barclays by 7,013.1% during the 2nd quarter. BNP Paribas Financial Markets now owns 1,671,369 shares of the financial services provider’s stock worth $31,071,000 after acquiring an additional 1,647,872 shares during the period. Institutional investors own 3.39% of the company’s stock.

Barclays Stock Down 2.9%

BCS stock opened at $24.29 on Friday. Barclays PLC has a fifty-two week low of $17.22 and a fifty-two week high of $27.70. The business’s 50 day moving average price is $23.23 and its two-hundred day moving average price is $23.92. The company has a debt-to-equity ratio of 5.94, a quick ratio of 1.44 and a current ratio of 1.44. The company has a market capitalization of $82.78 billion, a price-to-earnings ratio of 10.12, a price-to-earnings-growth ratio of 0.45 and a beta of 1.01.

Barclays (NYSE:BCS) last posted its quarterly earnings results on Monday, April 27th. The financial services provider reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.01. The company had revenue of $5.07 billion for the quarter, compared to the consensus estimate of $10.88 billion. Barclays had a return on equity of 8.12% and a net margin of 21.10%. As a group, analysts forecast that Barclays PLC will post 2.75 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on BCS shares. BNP Paribas Exane downgraded Barclays from an “outperform” rating to a “neutral” rating in a report on Tuesday, April 14th. Erste Group Bank reiterated a “hold” rating on shares of Barclays in a report on Thursday, March 5th. Citigroup reiterated a “neutral” rating on shares of Barclays in a report on Thursday, April 23rd. Morgan Stanley reiterated an “overweight” rating on shares of Barclays in a report on Wednesday, February 11th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Barclays in a report on Wednesday, April 29th. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Barclays Profile

Barclays PLC (NYSE: BCS) is a British multinational bank and financial services company headquartered in London. The firm provides a broad range of banking and financial products to individual, corporate and institutional customers. Its core activities span retail and business banking, credit cards and payments, corporate and investment banking, and wealth and investment management.

In retail and business banking, Barclays offers deposit accounts, mortgages, personal and business loans, and card services.