US Bancorp DE Boosts Holdings in Barclays PLC (NYSE:BCS)

US Bancorp DE increased its holdings in shares of Barclays PLC (NYSE:BCS - Free Report) by 29.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 190,432 shares of the financial services provider's stock after purchasing an additional 43,786 shares during the period. US Bancorp DE's holdings in Barclays were worth $2,314,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of BCS. Rothschild Investment LLC acquired a new stake in shares of Barclays in the 2nd quarter worth $30,000. EverSource Wealth Advisors LLC boosted its stake in Barclays by 71.8% in the 1st quarter. EverSource Wealth Advisors LLC now owns 3,647 shares of the financial services provider's stock worth $37,000 after purchasing an additional 1,524 shares in the last quarter. Symphony Financial Ltd. Co. purchased a new stake in Barclays during the 3rd quarter worth approximately $42,000. EntryPoint Capital LLC acquired a new position in Barclays during the 1st quarter valued at approximately $48,000. Finally, Hexagon Capital Partners LLC raised its holdings in shares of Barclays by 32.4% in the third quarter. Hexagon Capital Partners LLC now owns 4,624 shares of the financial services provider's stock worth $56,000 after buying an additional 1,132 shares during the last quarter. Institutional investors own 3.39% of the company's stock.

Barclays Stock Performance

Shares of BCS stock traded down $0.22 on Thursday, hitting $13.27. The company had a trading volume of 8,243,410 shares, compared to its average volume of 9,916,278. Barclays PLC has a twelve month low of $6.58 and a twelve month high of $13.50. 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 firm has a market cap of $48.29 billion, a P/E ratio of 9.02 and a beta of 1.41. The company has a 50-day moving average price of $12.23 and a 200-day moving average price of $11.50.

Barclays (NYSE:BCS - Get Free Report) last announced its earnings results on Thursday, October 24th. The financial services provider reported $0.56 earnings per share (EPS) for the quarter. Barclays had a return on equity of 6.30% and a net margin of 17.83%. The firm had revenue of $8.52 billion for the quarter. During the same quarter last year, the business earned $0.42 EPS. As a group, equities research analysts predict that Barclays PLC will post 1.66 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. The Goldman Sachs Group started coverage on Barclays in a research report on Tuesday, October 8th. They issued a "buy" rating on the stock. Kepler Capital Markets began coverage on Barclays in a research note on Thursday, September 5th. They issued a "buy" rating for the company. Finally, StockNews.com lowered Barclays from a "strong-buy" rating to a "buy" rating in a research report on Wednesday.

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.