Fulton Bank N.A. Makes New $101,000 Investment in Barclays PLC (NYSE:BCS)

Fulton Bank N.A. purchased a new position in Barclays PLC (NYSE:BCS) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm purchased 10,689 shares of the financial services provider’s stock, valued at approximately $101,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of BCS. Jones Financial Companies Lllp acquired a new stake in Barclays in the 3rd quarter worth $30,000. Principal Securities Inc. acquired a new stake in Barclays in the 4th quarter worth $34,000. GAMMA Investing LLC grew its position in Barclays by 51.7% in the 1st quarter. GAMMA Investing LLC now owns 4,411 shares of the financial services provider’s stock worth $42,000 after purchasing an additional 1,503 shares during the last quarter. Private Trust Co. NA grew its position in Barclays by 58.5% in the 4th quarter. Private Trust Co. NA now owns 5,421 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 2,000 shares during the last quarter. Finally, Wetzel Investment Advisors Inc. acquired a new stake in Barclays in the 4th quarter worth $47,000. 3.39% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have recently weighed in on BCS shares. Deutsche Bank Aktiengesellschaft started coverage on shares of Barclays in a research report on Thursday, May 9th. They set a “buy” rating on the stock. StockNews.com upgraded shares of Barclays from a “hold” rating to a “buy” rating in a research report on Monday, May 13th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $190.00.

Barclays Trading Down 2.6 %

Shares of BCS stock opened at $10.44 on Friday. Barclays PLC has a 12-month low of $6.23 and a 12-month high of $11.42. The company has a market capitalization of $39.39 billion, a P/E ratio of 7.79, a P/E/G ratio of 0.39 and a beta of 1.42. The firm has a 50-day moving average price of $10.56 and a 200 day moving average price of $9.04. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 6.15.

Barclays (NYSE:BCS) last announced its quarterly earnings results on Thursday, April 25th. The financial services provider reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.07. Barclays had a net margin of 17.21% and a return on equity of 6.13%. The firm had revenue of $8.82 billion during the quarter. Research analysts forecast that Barclays PLC will post 1.6 earnings per share 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.