Captrust Financial Advisors Boosts Stock Position in Barclays PLC (NYSE:BCS)

Captrust Financial Advisors lifted its holdings in shares of Barclays PLC (NYSE:BCS) by 19.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,287 shares of the financial services provider’s stock after buying an additional 4,517 shares during the quarter. Captrust Financial Advisors’ holdings in Barclays were worth $344,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Acadian Asset Management LLC raised its position in Barclays by 1,362.1% during the second quarter. Acadian Asset Management LLC now owns 19,682,115 shares of the financial services provider’s stock worth $210,762,000 after acquiring an additional 18,335,937 shares during the period. FMR LLC increased its stake in shares of Barclays by 11.6% during the third quarter. FMR LLC now owns 6,432,007 shares of the financial services provider’s stock worth $78,149,000 after purchasing an additional 667,498 shares in the last quarter. Raymond James & Associates raised its position in shares of Barclays by 11.9% during the 3rd quarter. Raymond James & Associates now owns 4,007,379 shares of the financial services provider’s stock worth $48,690,000 after purchasing an additional 426,815 shares during the last quarter. Renaissance Technologies LLC lifted its stake in Barclays by 190.9% in the 2nd quarter. Renaissance Technologies LLC now owns 3,661,086 shares of the financial services provider’s stock valued at $39,210,000 after buying an additional 2,402,500 shares in the last quarter. Finally, Natixis Advisors LLC boosted its holdings in Barclays by 286.1% in the 3rd quarter. Natixis Advisors LLC now owns 3,565,033 shares of the financial services provider’s stock worth $43,315,000 after buying an additional 2,641,608 shares during the last quarter. Hedge funds and other institutional investors own 3.39% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on BCS shares. StockNews.com cut Barclays from a “strong-buy” rating to a “buy” rating in a report on Wednesday. The Goldman Sachs Group started coverage on Barclays in a research note on Tuesday, October 8th. They issued a “buy” rating for the company. Finally, Kepler Capital Markets began coverage on shares of Barclays in a research note on Thursday, September 5th. They set a “buy” rating on the stock.

Barclays Trading Down 0.1 %

BCS opened at $13.55 on Friday. The company has a debt-to-equity ratio of 5.67, a current ratio of 1.35 and a quick ratio of 1.35. The company’s 50 day simple moving average is $12.99 and its two-hundred day simple moving average is $12.01. The firm has a market capitalization of $48.87 billion, a price-to-earnings ratio of 9.21 and a beta of 1.41. Barclays PLC has a 1-year low of $7.07 and a 1-year high of $13.83.

Barclays (NYSE:BCS) last released 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 for the quarter. During the same period last year, the firm posted $0.42 EPS. Analysts expect that Barclays PLC will post 1.85 EPS for the current fiscal year.

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.