Corient Private Wealth LLC Sells 38,004 Shares of Barclays PLC $BCS

Corient Private Wealth LLC decreased its stake in shares of Barclays PLC (NYSE:BCS) by 58.5% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 27,003 shares of the financial services provider’s stock after selling 38,004 shares during the quarter. Corient Private Wealth LLC’s holdings in Barclays were worth $502,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Fisher Asset Management LLC lifted its stake in Barclays by 13.2% in the 2nd quarter. Fisher Asset Management LLC now owns 83,062,892 shares of the financial services provider’s stock worth $1,544,139,000 after purchasing an additional 9,692,999 shares in the last quarter. Acadian Asset Management LLC lifted its position in shares of Barclays by 37.6% in the first quarter. Acadian Asset Management LLC now owns 33,607,068 shares of the financial services provider’s stock worth $516,163,000 after buying an additional 9,188,263 shares in the last quarter. Duquesne Family Office LLC lifted its position in shares of Barclays by 19.8% in the first quarter. Duquesne Family Office LLC now owns 3,817,305 shares of the financial services provider’s stock worth $58,634,000 after buying an additional 630,450 shares in the last quarter. Sei Investments Co. boosted its stake in Barclays by 13.6% during the second quarter. Sei Investments Co. now owns 3,687,598 shares of the financial services provider’s stock valued at $68,553,000 after buying an additional 442,798 shares during the last quarter. Finally, American Century Companies Inc. grew its holdings in Barclays by 4.7% during the 2nd quarter. American Century Companies Inc. now owns 3,478,821 shares of the financial services provider’s stock valued at $64,671,000 after buying an additional 155,397 shares in the last quarter. 3.39% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Barclays in a report on Tuesday, December 23rd. Morgan Stanley reiterated an “overweight” rating on shares of Barclays in a research report on Monday, November 24th. Wall Street Zen cut shares of Barclays from a “buy” rating to a “hold” rating in a research note on Friday, October 3rd. Citigroup restated a “neutral” rating on shares of Barclays in a research report on Monday, December 1st. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Barclays in a research report on Thursday, October 23rd. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.

Barclays Stock Performance

Shares of NYSE:BCS opened at $25.75 on Monday. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 5.94. Barclays PLC has a 12 month low of $12.14 and a 12 month high of $25.76. The company has a market capitalization of $89.51 billion, a price-to-earnings ratio of 11.86, a PEG ratio of 0.49 and a beta of 1.00. The firm’s 50-day moving average is $22.51 and its 200 day moving average is $20.61.

Barclays (NYSE:BCS) last announced its quarterly earnings data on Tuesday, September 30th. The financial services provider reported $0.45 earnings per share (EPS) for the quarter. Barclays had a net margin of 21.26% and a return on equity of 8.19%. The business had revenue of $9.21 billion during the quarter. Research analysts predict that Barclays PLC will post 2 EPS for the current year.

About Barclays

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.