151,077 Shares in Barclays PLC $BCS Acquired by Vise Technologies Inc.

Vise Technologies Inc. purchased a new position in Barclays PLC (NYSE:BCS) during the 3rd quarter, Holdings Channel reports. The fund purchased 151,077 shares of the financial services provider’s stock, valued at approximately $3,667,000.

Several other institutional investors have also added to or reduced their stakes in the business. SYM FINANCIAL Corp grew its position in shares of Barclays by 8.3% during the 3rd quarter. SYM FINANCIAL Corp now owns 15,284 shares of the financial services provider’s stock valued at $371,000 after acquiring an additional 1,171 shares during the period. Apollon Wealth Management LLC raised its holdings in Barclays by 13.5% in the 3rd quarter. Apollon Wealth Management LLC now owns 18,424 shares of the financial services provider’s stock worth $447,000 after purchasing an additional 2,194 shares during the period. Financial Management Professionals Inc. raised its holdings in Barclays by 429.0% in the 3rd quarter. Financial Management Professionals Inc. now owns 1,111 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 901 shares during the period. Brucke Financial Inc. raised its holdings in Barclays by 14.9% in the 3rd quarter. Brucke Financial Inc. now owns 10,390 shares of the financial services provider’s stock worth $252,000 after purchasing an additional 1,348 shares during the period. Finally, Root Financial Partners LLC purchased a new position in Barclays during the third quarter valued at $158,000. 3.39% of the stock is currently owned by institutional investors.

Barclays Stock Performance

BCS opened at $22.41 on Wednesday. The firm has a market cap of $74.93 billion, a P/E ratio of 8.13, a PEG ratio of 0.48 and a beta of 1.04. Barclays PLC has a 1-year low of $19.83 and a 1-year high of $28.68. The company has a 50 day simple moving average of $24.36 and a two-hundred day simple moving average of $24.86. The company has a debt-to-equity ratio of 5.89, a current ratio of 1.47 and a quick ratio of 1.47.

Barclays (NYSE:BCS) last announced its quarterly earnings data on Wednesday, October 21st. The financial services provider reported $0.66 EPS for the quarter, missing the consensus estimate of $0.67 by ($0.01). The firm had revenue of $9.85 billion for the quarter, compared to the consensus estimate of $10.10 billion. Barclays had a net margin of 22.74% and a return on equity of 9.02%. Equities analysts forecast that Barclays PLC will post 2.77 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have issued reports on BCS shares. Weiss Ratings lowered Barclays from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, October 23rd. Citigroup restated a “neutral” rating on shares of Barclays in a research report on Thursday, July 16th. Morgan Stanley downgraded Barclays from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, September 2nd. Finally, Bank of America cut Barclays from a “buy” rating to a “neutral” rating in a research report on Tuesday, September 1st. Four investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold”.

About Barclays

Barclays PLC is a diversified financial services company headquartered in London, England. Through its banking and financial services businesses, the company serves individuals, businesses, institutions and governments in the United Kingdom, the United States and other international markets.

Its principal activities include consumer and business banking, current and savings accounts, mortgages, personal loans, credit cards and payment services. Barclays also provides private banking and wealth management services, including investment management, financial planning and lending for high-net-worth clients.

Through its corporate and investment banking operations, Barclays offers corporate lending, transaction banking, financial advice, securities underwriting, sales and trading, research and capital-markets services.