Barclays PLC (NYSE:BCS) Shares Bought by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC grew its holdings in shares of Barclays PLC (NYSE:BCS) by 33.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,726 shares of the financial services provider’s stock after purchasing an additional 5,439 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Barclays were worth $264,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BCS. Sage Mountain Advisors LLC grew its holdings in shares of Barclays by 7.7% in the 2nd quarter. Sage Mountain Advisors LLC now owns 11,767 shares of the financial services provider’s stock worth $126,000 after acquiring an additional 838 shares during the period. Hexagon Capital Partners LLC grew its holdings in shares of Barclays by 32.4% in the 3rd quarter. Hexagon Capital Partners LLC now owns 4,624 shares of the financial services provider’s stock worth $56,000 after acquiring an additional 1,132 shares during the period. AMG National Trust Bank grew its holdings 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 during the period. EverSource Wealth Advisors LLC grew its holdings in shares of Barclays by 71.8% in the 1st quarter. EverSource Wealth Advisors LLC now owns 3,647 shares of the financial services provider’s stock worth $37,000 after acquiring an additional 1,524 shares during the period. Finally, Profund Advisors LLC grew its holdings in shares of Barclays by 3.0% in the 2nd quarter. Profund Advisors LLC now owns 53,500 shares of the financial services provider’s stock worth $573,000 after acquiring an additional 1,553 shares during the period. Institutional investors and hedge funds own 3.39% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on BCS shares. StockNews.com upgraded Barclays from a “buy” rating to a “strong-buy” rating in a report on Tuesday, October 29th. Kepler Capital Markets assumed coverage on Barclays in a report on Thursday, September 5th. They set a “buy” rating on the stock. Finally, The Goldman Sachs Group assumed coverage on Barclays in a report on Tuesday, October 8th. They set a “buy” rating on the stock.

Barclays Price Performance

Shares of NYSE:BCS opened at $12.53 on Monday. The business’s fifty day moving average price is $12.18 and its two-hundred day moving average price is $11.44. The stock has a market cap of $45.61 billion, a PE ratio of 8.52 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 one year low of $6.48 and a one year high of $13.20.

Barclays (NYSE:BCS) last announced its earnings results on Thursday, October 24th. The financial services provider reported $0.56 EPS for the quarter. Barclays had a return on equity of 6.30% and a net margin of 17.83%. The firm had revenue of $8.52 billion for the quarter. During the same quarter last year, the company posted $0.42 EPS. On average, analysts forecast that Barclays PLC will post 1.66 EPS for the current fiscal 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.