Themes Management Co LLC purchased a new position in shares of Barclays PLC (NYSE:BCS) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 37,448 shares of the financial services provider’s stock, valued at approximately $953,000.
Other hedge funds and other institutional investors have also modified their holdings of the company. Illumine Investment Management LLC purchased a new position in shares of Barclays during the third quarter worth $2,195,000. Todd Asset Management LLC boosted its position in shares of Barclays by 4.0% during the third quarter. Todd Asset Management LLC now owns 3,516,095 shares of the financial services provider’s stock worth $72,678,000 after buying an additional 134,560 shares during the period. New York State Common Retirement Fund boosted its position in shares of Barclays by 10.4% during the third quarter. New York State Common Retirement Fund now owns 1,830,351 shares of the financial services provider’s stock worth $37,833,000 after buying an additional 172,944 shares during the period. Cibc World Market Inc. boosted its position in shares of Barclays by 226.9% during the third quarter. Cibc World Market Inc. now owns 262,678 shares of the financial services provider’s stock worth $5,430,000 after buying an additional 182,318 shares during the period. Finally, American Century Companies Inc. boosted its position in shares of Barclays by 39.2% during the third quarter. American Century Companies Inc. now owns 4,841,068 shares of the financial services provider’s stock worth $100,065,000 after buying an additional 1,362,247 shares during the period. 3.39% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several research analysts have recently commented on the company. Royal Bank Of Canada restated an “outperform” rating on shares of Barclays in a research report on Wednesday, April 29th. BNP Paribas Exane lowered Barclays from an “outperform” rating to a “neutral” rating in a report on Tuesday, April 14th. Morgan Stanley reiterated an “overweight” rating on shares of Barclays in a report on Wednesday, February 11th. Weiss Ratings lowered Barclays from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, April 21st. Finally, Erste Group Bank reiterated a “hold” rating on shares of Barclays in a report on Thursday, March 5th. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Barclays presently has a consensus rating of “Hold”.
Barclays Trading Up 0.0%
Shares of NYSE:BCS opened at $23.84 on Tuesday. Barclays PLC has a 52 week low of $17.22 and a 52 week high of $27.70. The company’s 50 day moving average is $22.53 and its two-hundred day moving average is $23.76. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 5.94. The company has a market cap of $81.24 billion, a PE ratio of 9.93, a P/E/G ratio of 0.44 and a beta of 1.01.
Barclays (NYSE:BCS – Get Free Report) last released its quarterly earnings data on Monday, April 27th. The financial services provider reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.01. The business had revenue of $5.07 billion during the quarter, compared to analysts’ expectations of $10.88 billion. Barclays had a return on equity of 8.12% and a net margin of 21.10%. Equities analysts predict that Barclays PLC will post 2.75 earnings per share for the current fiscal year.
Barclays Profile
Barclays PLC (NYSE: BCS) is a British multinational bank and financial services company headquartered in London. The firm provides a broad range of banking and financial products to individual, corporate and institutional customers. Its core activities span retail and business banking, credit cards and payments, corporate and investment banking, and wealth and investment management.
In retail and business banking, Barclays offers deposit accounts, mortgages, personal and business loans, and card services.
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