Barclays PLC (NYSE:BCS) Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lowered its position in shares of Barclays PLC (NYSE:BCS) by 2.0% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 156,128 shares of the financial services provider’s stock after selling 3,263 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Barclays were worth $2,398,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Financial Management Professionals Inc. purchased a new position in shares of Barclays in the 1st quarter valued at about $29,000. TD Private Client Wealth LLC increased its holdings in shares of Barclays by 135.5% in the 4th quarter. TD Private Client Wealth LLC now owns 2,916 shares of the financial services provider’s stock valued at $39,000 after purchasing an additional 1,678 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in shares of Barclays by 36.8% in the 4th quarter. Farther Finance Advisors LLC now owns 3,762 shares of the financial services provider’s stock valued at $50,000 after purchasing an additional 1,011 shares in the last quarter. SBI Securities Co. Ltd. purchased a new position in shares of Barclays in the 4th quarter valued at about $71,000. Finally, Global Retirement Partners LLC increased its holdings in shares of Barclays by 290.8% in the 4th quarter. Global Retirement Partners LLC now owns 6,413 shares of the financial services provider’s stock valued at $85,000 after purchasing an additional 4,772 shares in the last quarter. Hedge funds and other institutional investors own 3.39% of the company’s stock.

Barclays Stock Performance

NYSE:BCS opened at $18.63 on Friday. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 5.75. The firm has a 50-day moving average price of $17.17 and a two-hundred day moving average price of $15.45. Barclays PLC has a twelve month low of $10.23 and a twelve month high of $18.75. The company has a market capitalization of $66.27 billion, a P/E ratio of 9.45, a price-to-earnings-growth ratio of 0.45 and a beta of 1.11.

Barclays (NYSE:BCS) last posted its earnings results on Wednesday, April 30th. The financial services provider reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.04. Barclays had a net margin of 21.27% and a return on equity of 8.04%. The firm had revenue of $10.32 billion during the quarter, compared to the consensus estimate of $8.37 billion. As a group, research analysts expect that Barclays PLC will post 2 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, BNP Paribas upgraded shares of Barclays from a “neutral” rating to an “outperform” rating in a report on Tuesday, March 4th.

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.