Natixis Advisors LLC boosted its stake in shares of Barclays PLC (NYSE:BCS - Free Report) by 286.1% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,565,033 shares of the financial services provider's stock after buying an additional 2,641,608 shares during the quarter. Natixis Advisors LLC owned approximately 0.10% of Barclays worth $43,315,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in the business. Rothschild Investment LLC bought a new position in shares of Barclays in the second quarter worth approximately $30,000. EverSource Wealth Advisors LLC increased its position in shares of Barclays by 71.8% during the 1st quarter. EverSource Wealth Advisors LLC now owns 3,647 shares of the financial services provider's stock valued at $37,000 after purchasing an additional 1,524 shares during the last quarter. Symphony Financial Ltd. Co. purchased a new stake in Barclays in the 3rd quarter worth approximately $42,000. EntryPoint Capital LLC bought a new position in Barclays in the 1st quarter worth approximately $48,000. Finally, Hexagon Capital Partners LLC raised its holdings in Barclays by 32.4% during the 3rd 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 during the period. 3.39% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
BCS has been the topic of a number of recent research reports. Kepler Capital Markets assumed coverage on Barclays in a research report on Thursday, September 5th. They set a "buy" rating on the stock. The Goldman Sachs Group started coverage on Barclays in a report on Tuesday, October 8th. They set a "buy" rating for the company. Finally, StockNews.com upgraded Barclays from a "buy" rating to a "strong-buy" rating in a research report on Thursday.
View Our Latest Analysis on Barclays
Barclays Stock Up 0.4 %
NYSE BCS traded up $0.05 during trading hours on Monday, hitting $13.27. 8,532,502 shares of the company were exchanged, compared to its average volume of 14,395,607. Barclays PLC has a 52-week low of $7.02 and a 52-week high of $13.57. The firm has a market cap of $48.04 billion, a price-to-earnings ratio of 9.05 and a beta of 1.41. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 5.67. The company has a 50 day moving average of $12.41 and a two-hundred day moving average of $11.67.
Barclays (NYSE:BCS - Get Free Report) last posted its quarterly earnings data on Thursday, October 24th. The financial services provider reported $0.56 earnings per share for the quarter. Barclays had a return on equity of 6.30% and a net margin of 17.83%. The company had revenue of $8.52 billion during the quarter. During the same period in the previous year, the business posted $0.42 earnings per share. Equities research analysts anticipate that Barclays PLC will post 1.71 earnings per share for the current year.
Barclays Profile
(
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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