Vestmark Advisory Solutions Inc. Sells 19,830 Shares of Barclays PLC $BCS

Vestmark Advisory Solutions Inc. trimmed its holdings in shares of Barclays PLC (NYSE:BCS) by 18.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 86,520 shares of the financial services provider’s stock after selling 19,830 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in Barclays were worth $1,608,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Charles Schwab Investment Management Inc. raised its holdings in Barclays by 14.1% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 352,328 shares of the financial services provider’s stock worth $5,412,000 after acquiring an additional 43,607 shares during the period. FORA Capital LLC bought a new stake in Barclays during the first quarter valued at about $697,000. Invesco Ltd. grew its position in shares of Barclays by 8,088.1% in the first 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 last quarter. Ashton Thomas Private Wealth LLC bought a new position in shares of Barclays in the first quarter worth about $230,000. Finally, Jefferies Financial Group Inc. acquired a new position in shares of Barclays during the 1st quarter worth about $286,000. Institutional investors own 3.39% of the company’s stock.

Barclays Price Performance

NYSE:BCS opened at $21.72 on Monday. The company has a debt-to-equity ratio of 5.94, a quick ratio of 1.41 and a current ratio of 1.41. The company has a 50-day moving average of $20.57 and a 200-day moving average of $19.12. Barclays PLC has a 52 week low of $12.14 and a 52 week high of $21.75. The company has a market capitalization of $75.95 billion, a price-to-earnings ratio of 10.01, a PEG ratio of 0.41 and a beta of 1.14.

Barclays (NYSE:BCS) last posted its quarterly earnings results on Wednesday, October 22nd. The financial services provider reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.02. The firm had revenue of $9.59 billion during the quarter, compared to analyst estimates of $6.95 billion. Barclays had a net margin of 21.26% and a return on equity of 8.19%. As a group, equities research analysts anticipate that Barclays PLC will post 2 earnings per share for the current fiscal year.

Analyst Ratings Changes

BCS has been the topic of several recent analyst reports. Wall Street Zen downgraded Barclays from a “buy” rating to a “hold” rating in a research report on Friday, October 3rd. Zacks Research downgraded shares of Barclays from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 28th. Citigroup reiterated a “neutral” rating on shares of Barclays in a research note on Thursday, October 23rd. Royal Bank Of Canada reissued an “outperform” rating on shares of Barclays in a report on Thursday, October 23rd. Finally, Morgan Stanley restated an “overweight” rating on shares of Barclays in a report on Monday, October 6th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Barclays 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.