Mount Yale Investment Advisors LLC purchased a new stake in Barclays PLC (NYSE:BCS - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 75,539 shares of the financial services provider's stock, valued at approximately $1,004,000.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. M&T Bank Corp boosted its position in Barclays by 4.7% during the 3rd quarter. M&T Bank Corp now owns 20,568 shares of the financial services provider's stock valued at $250,000 after purchasing an additional 918 shares during the period. Apollon Wealth Management LLC lifted its position in shares of Barclays by 10.0% in the 3rd quarter. Apollon Wealth Management LLC now owns 11,826 shares of the financial services provider's stock valued at $144,000 after acquiring an additional 1,075 shares in the last quarter. Hexagon Capital Partners LLC grew its holdings in shares of Barclays by 32.4% during the third quarter. Hexagon Capital Partners LLC now owns 4,624 shares of the financial services provider's stock valued at $56,000 after buying an additional 1,132 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd increased its holdings in shares of Barclays by 6.9% in the 3rd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 17,565 shares of the financial services provider's stock valued at $213,000 after purchasing an additional 1,137 shares during the period. Finally, PNC Financial Services Group Inc. boosted its stake in shares of Barclays by 1.2% during the 3rd quarter. PNC Financial Services Group Inc. now owns 113,381 shares of the financial services provider's stock valued at $1,378,000 after buying an additional 1,344 shares during the period. 3.39% of the stock is owned by institutional investors.
Barclays Trading Up 0.9 %
BCS stock traded up $0.13 during midday trading on Tuesday, reaching $14.59. The stock had a trading volume of 13,367,528 shares, compared to its average volume of 16,771,701. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 5.67. Barclays PLC has a twelve month low of $7.07 and a twelve month high of $14.92. The firm has a market cap of $52.62 billion, a price-to-earnings ratio of 9.92, a PEG ratio of 0.44 and a beta of 1.41. The business has a fifty day simple moving average of $13.49 and a two-hundred day simple moving average of $12.60.
Wall Street Analyst Weigh In
BCS has been the topic of several recent research reports. StockNews.com lowered shares of Barclays from a "strong-buy" rating to a "buy" rating in a research report on Thursday, January 16th. The Goldman Sachs Group initiated coverage on Barclays in a research note on Tuesday, October 8th. They set a "buy" rating on the stock.
Read Our Latest Research Report on Barclays
About Barclays
(
Free Report)
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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