Vise Technologies Inc. Invests $1.35 Million in Barclays PLC $BCS

Vise Technologies Inc. purchased a new stake in Barclays PLC (NYSE:BCS) during the second quarter, HoldingsChannel.com reports. The firm purchased 72,760 shares of the financial services provider’s stock, valued at approximately $1,353,000.

Several other large investors also recently bought and sold shares of BCS. Mark Sheptoff Financial Planning LLC acquired a new stake in shares of Barclays during the second quarter valued at $28,000. Elequin Capital LP purchased a new stake in shares of Barclays in the first quarter worth about $30,000. Wealthquest Corp purchased a new position in shares of Barclays during the 1st quarter valued at approximately $32,000. Zions Bancorporation National Association UT acquired a new stake in Barclays during the first quarter valued at approximately $40,000. Finally, WPG Advisers LLC bought a new position in shares of Barclays in the 1st quarter worth about $40,000. Institutional investors and hedge funds own 3.39% of the company’s stock.

Barclays Stock Up 0.1%

BCS opened at $22.54 on Thursday. Barclays PLC has a fifty-two week low of $12.14 and a fifty-two week high of $22.64. The company has a market capitalization of $78.81 billion, a P/E ratio of 10.38, a P/E/G ratio of 0.42 and a beta of 1.14. The company has a debt-to-equity ratio of 5.94, a current ratio of 1.41 and a quick ratio of 1.41. The firm’s fifty day moving average price is $20.73 and its two-hundred day moving average price is $19.23.

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

Wall Street Analysts Forecast Growth

BCS has been the subject of a number of recent analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Barclays in a research report on Wednesday, October 8th. Royal Bank Of Canada reissued an “outperform” rating on shares of Barclays in a research note on Thursday, October 23rd. Zacks Research lowered Barclays from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 28th. Wall Street Zen downgraded Barclays from a “buy” rating to a “hold” rating in a report on Friday, October 3rd. Finally, Citigroup reiterated a “neutral” rating on shares of Barclays in a research note on Thursday, October 23rd. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Barclays 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.