TD Waterhouse Canada Inc. Purchases 19,538 Shares of Barclays PLC $BCS

TD Waterhouse Canada Inc. boosted its holdings in Barclays PLC (NYSE:BCS) by 7.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 291,926 shares of the financial services provider’s stock after acquiring an additional 19,538 shares during the period. TD Waterhouse Canada Inc.’s holdings in Barclays were worth $5,344,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Charles Schwab Investment Management Inc. grew its holdings in shares of Barclays by 14.1% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 352,328 shares of the financial services provider’s stock valued at $5,412,000 after purchasing an additional 43,607 shares during the last quarter. FORA Capital LLC bought a new stake in Barclays during the 1st quarter worth approximately $697,000. RWA Wealth Partners LLC bought a new position in shares of Barclays during the second quarter valued at $654,000. Invesco Ltd. increased its position in Barclays by 8,088.1% during the 1st quarter. Invesco Ltd. now owns 882,108 shares of the financial services provider’s stock valued at $13,549,000 after purchasing an additional 871,335 shares during the period. Finally, Ashton Thomas Private Wealth LLC bought a new position in Barclays during the first quarter worth $230,000. 3.39% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts recently commented on BCS shares. Zacks Research lowered Barclays from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 28th. Weiss Ratings reissued a “buy (b)” rating on shares of Barclays in a report on Wednesday, October 8th. Wall Street Zen lowered Barclays from a “buy” rating to a “hold” rating in a research note on Friday, October 3rd. Royal Bank Of Canada reissued an “outperform” rating on shares of Barclays in a research note on Thursday, October 23rd. Finally, Citigroup reiterated a “neutral” rating on shares of Barclays in a research report on Thursday, October 23rd. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Barclays has an average rating of “Moderate Buy”.

Barclays Stock Down 2.9%

Shares of BCS opened at $20.52 on Friday. Barclays PLC has a 52-week low of $12.14 and a 52-week high of $22.64. The company has a market cap of $71.42 billion, a PE ratio of 9.46, a P/E/G ratio of 0.40 and a beta of 1.14. The business has a fifty day moving average of $20.86 and a 200 day moving average of $19.43. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 5.94.

Barclays (NYSE:BCS) last announced its earnings results on Wednesday, October 22nd. The financial services provider reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.02. Barclays had a return on equity of 8.19% and a net margin of 21.26%.The business had revenue of $9.59 billion for the quarter, compared to analysts’ expectations of $6.95 billion. On average, sell-side analysts expect that Barclays PLC will post 2 EPS for the current year.

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.