Natixis lowered its holdings in Barclays PLC (NYSE:BCS) by 26.9% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 66,521 shares of the financial services provider’s stock after selling 24,459 shares during the quarter. Natixis’ holdings in Barclays were worth $786,000 as of its most recent filing with the SEC.
A number of other institutional investors have also bought and sold shares of the business. A.R.T. Advisors LLC boosted its stake in Barclays by 352.0% in the first quarter. A.R.T. Advisors LLC now owns 189,400 shares of the financial services provider’s stock worth $2,238,000 after purchasing an additional 147,500 shares in the last quarter. Bayesian Capital Management LP acquired a new position in Barclays in the first quarter worth $610,000. SCP Investment LP acquired a new position in Barclays in the first quarter worth $2,364,000. Bollard Group LLC boosted its stake in Barclays by 6.2% in the first quarter. Bollard Group LLC now owns 82,653 shares of the financial services provider’s stock worth $977,000 after purchasing an additional 4,800 shares in the last quarter. Finally, First Allied Advisory Services Inc. boosted its stake in Barclays by 21.4% in the first quarter. First Allied Advisory Services Inc. now owns 29,112 shares of the financial services provider’s stock worth $347,000 after purchasing an additional 5,130 shares in the last quarter. 3.11% of the stock is currently owned by institutional investors.
A number of equities analysts have commented on the company. Bank of America reissued a “neutral” rating on shares of Barclays in a research note on Tuesday, June 19th. ValuEngine lowered Barclays from a “hold” rating to a “sell” rating in a research note on Wednesday, June 6th. Goldman Sachs Group reissued a “neutral” rating on shares of Barclays in a research note on Wednesday, May 23rd. Zacks Investment Research raised Barclays from a “hold” rating to a “buy” rating and set a $14.00 price objective on the stock in a research note on Wednesday, April 18th. Finally, Jefferies Financial Group raised Barclays from a “hold” rating to a “buy” rating in a research note on Monday, April 16th. Four investment analysts have rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $14.00.
BCS stock opened at $10.37 on Monday. The firm has a market cap of $44.24 billion, a PE ratio of 12.49, a PEG ratio of 0.34 and a beta of 0.77. Barclays PLC has a twelve month low of $9.29 and a twelve month high of $12.55. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 5.42.
Barclays (NYSE:BCS) last released its earnings results on Thursday, April 26th. The financial services provider reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.07. The company had revenue of $7.45 billion during the quarter, compared to the consensus estimate of $7.96 billion. Barclays had a positive return on equity of 3.92% and a negative net margin of 13.05%. equities research analysts predict that Barclays PLC will post 1.16 earnings per share for the current fiscal year.
Barclays Company Profile
Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, other European countries, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International divisions. It offers personal and business banking services; credit and debit cards; international banking; and private banking services, which include investment, wealth planning, and credit and specialist solutions to high net worth and ultra-high net worth clients, and family offices.
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