New York State Common Retirement Fund grew its holdings in Barclays PLC (NYSE:BCS – Free Report) by 10.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,830,351 shares of the financial services provider’s stock after purchasing an additional 172,944 shares during the period. New York State Common Retirement Fund owned approximately 0.05% of Barclays worth $37,833,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also modified their holdings of BCS. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Barclays in the 2nd quarter valued at approximately $27,000. Mark Sheptoff Financial Planning LLC bought a new position in Barclays in the 2nd quarter valued at approximately $28,000. Mather Group LLC. acquired a new stake in Barclays in the third quarter valued at approximately $30,000. Salomon & Ludwin LLC grew its stake in shares of Barclays by 2,673.6% during the third quarter. Salomon & Ludwin LLC now owns 1,470 shares of the financial services provider’s stock worth $31,000 after buying an additional 1,417 shares during the last quarter. Finally, True Wealth Design LLC acquired a new position in shares of Barclays during the third quarter worth $31,000. 3.39% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Several research firms recently weighed in on BCS. Wall Street Zen downgraded Barclays from a “buy” rating to a “hold” rating in a report on Friday, October 3rd. Citigroup reissued a “neutral” rating on shares of Barclays in a research note on Thursday, January 22nd. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Barclays in a research note on Thursday, October 23rd. Zacks Research lowered shares of Barclays from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 28th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Barclays in a report on Tuesday, December 23rd. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy”.
Barclays Price Performance
Shares of NYSE BCS opened at $26.72 on Friday. The company has a market capitalization of $92.63 billion, a PE ratio of 12.32, a P/E/G ratio of 0.41 and a beta of 0.98. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 5.94. Barclays PLC has a twelve month low of $12.14 and a twelve month high of $27.19. The firm has a fifty day simple moving average of $24.93 and a 200 day simple moving average of $21.96.
Barclays (NYSE:BCS – Get Free Report) last issued its quarterly earnings results on Tuesday, September 30th. The financial services provider reported $0.45 earnings per share for the quarter. Barclays had a return on equity of 8.19% and a net margin of 21.26%.The firm had revenue of $9.21 billion during the quarter. On average, sell-side analysts forecast that Barclays PLC will post 2 EPS for the current 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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