Barclays PLC (NYSE:BCS) Shares Acquired by GAMMA Investing LLC

GAMMA Investing LLC increased its stake in shares of Barclays PLC (NYSE:BCS) by 47.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 13,668 shares of the financial services provider’s stock after acquiring an additional 4,388 shares during the period. GAMMA Investing LLC’s holdings in Barclays were worth $182,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Versant Capital Management Inc purchased a new position in shares of Barclays in the 4th quarter valued at approximately $44,000. Symphony Financial Ltd. Co. acquired a new stake in shares of Barclays during the third quarter worth $42,000. Hexagon Capital Partners LLC grew its position in Barclays by 32.4% in 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 last quarter. Wilmington Savings Fund Society FSB acquired a new position in Barclays in the 3rd quarter valued at $120,000. Finally, Coldstream Capital Management Inc. purchased a new position in Barclays during the 3rd quarter worth $125,000. Institutional investors and hedge funds own 3.39% of the company’s stock.

Barclays Trading Down 0.5 %

Shares of BCS stock opened at $13.19 on Thursday. The business’s fifty day moving average price is $13.25 and its 200 day moving average price is $12.32. The firm has a market capitalization of $47.59 billion, a PE ratio of 8.97 and a beta of 1.41. The company has a debt-to-equity ratio of 5.67, a current ratio of 1.35 and a quick ratio of 1.35. Barclays PLC has a 1-year low of $7.07 and a 1-year high of $13.83.

Barclays (NYSE:BCS) last announced its quarterly earnings results on Thursday, October 24th. The financial services provider reported $0.56 earnings per share (EPS) for the quarter. Barclays had a net margin of 17.83% and a return on equity of 6.30%. The business had revenue of $8.52 billion during the quarter. During the same quarter in the prior year, the business earned $0.42 EPS. As a group, sell-side analysts forecast that Barclays PLC will post 1.85 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on BCS shares. The Goldman Sachs Group assumed coverage on shares of Barclays in a report on Tuesday, October 8th. They issued a “buy” rating on the stock. StockNews.com raised Barclays from a “buy” rating to a “strong-buy” rating in a report on Thursday, December 19th.

About Barclays

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.