Coldstream Capital Management Inc. acquired a new position in shares of Barclays PLC (NYSE:BCS – Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 10,281 shares of the financial services provider’s stock, valued at approximately $125,000.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. SG Americas Securities LLC acquired a new position in shares of Barclays in the 2nd quarter worth approximately $235,000. Envestnet Portfolio Solutions Inc. boosted its position in Barclays by 7.9% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 54,296 shares of the financial services provider’s stock valued at $582,000 after acquiring an additional 3,984 shares during the last quarter. Blue Trust Inc. boosted its position in Barclays by 452.5% during the second quarter. Blue Trust Inc. now owns 6,304 shares of the financial services provider’s stock valued at $68,000 after acquiring an additional 5,163 shares during the last quarter. Fifth Third Bancorp grew its holdings in Barclays by 33.2% during the 2nd quarter. Fifth Third Bancorp now owns 79,012 shares of the financial services provider’s stock worth $846,000 after acquiring an additional 19,686 shares during the period. Finally, AMG National Trust Bank raised its position in shares of Barclays by 0.4% in the 2nd quarter. AMG National Trust Bank now owns 333,744 shares of the financial services provider’s stock worth $3,574,000 after acquiring an additional 1,343 shares in the last quarter. 3.39% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on the company. Kepler Capital Markets began coverage on Barclays in a research note on Thursday, September 5th. They set a “buy” rating for the company. StockNews.com downgraded shares of Barclays from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, December 11th. Finally, The Goldman Sachs Group started coverage on shares of Barclays in a research report on Tuesday, October 8th. They set a “buy” rating on the stock.
Barclays Stock Down 2.5 %
BCS stock opened at $13.33 on Wednesday. The stock’s 50 day simple moving average is $13.04 and its 200 day simple moving average is $12.05. The company has a market cap of $48.10 billion, a P/E ratio of 9.07 and a beta of 1.41. The company has a debt-to-equity ratio of 5.67, a quick ratio of 1.35 and a current ratio of 1.35. Barclays PLC has a fifty-two week low of $7.07 and a fifty-two week high of $13.83.
Barclays (NYSE:BCS – Get Free Report) last issued its earnings results on Thursday, October 24th. The financial services provider reported $0.56 earnings per share for the quarter. Barclays had a return on equity of 6.30% and a net margin of 17.83%. The company had revenue of $8.52 billion for the quarter. During the same period in the previous year, the company earned $0.42 earnings per share. On average, research analysts expect that Barclays PLC will post 1.85 earnings per share for the current fiscal year.
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.
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