Park Avenue Securities LLC Has $601,000 Holdings in Barclays PLC (NYSE:BCS)

Park Avenue Securities LLC grew its position in Barclays PLC (NYSE:BCS) by 15.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 63,628 shares of the financial services provider’s stock after purchasing an additional 8,718 shares during the quarter. Park Avenue Securities LLC’s holdings in Barclays were worth $601,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in BCS. Cubist Systematic Strategies LLC increased its position in Barclays by 231.3% during the 4th quarter. Cubist Systematic Strategies LLC now owns 2,323,096 shares of the financial services provider’s stock worth $18,306,000 after buying an additional 1,621,896 shares during the period. Brandes Investment Partners LP raised its stake in Barclays by 65.9% in the 4th quarter. Brandes Investment Partners LP now owns 1,750,257 shares of the financial services provider’s stock worth $13,792,000 after purchasing an additional 695,502 shares in the last quarter. Trexquant Investment LP bought a new stake in Barclays in the 4th quarter valued at about $4,840,000. Ramirez Asset Management Inc. acquired a new position in shares of Barclays during the 3rd quarter worth approximately $2,416,000. Finally, BNP Paribas Financial Markets increased its holdings in shares of Barclays by 335.5% during the fourth quarter. BNP Paribas Financial Markets now owns 361,319 shares of the financial services provider’s stock worth $2,847,000 after purchasing an additional 278,353 shares during the period. Institutional investors own 3.39% of the company’s stock.

Barclays Stock Performance

Shares of Barclays stock opened at $10.69 on Friday. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 6.15. The company has a market cap of $40.31 billion, a PE ratio of 7.97, a price-to-earnings-growth ratio of 0.38 and a beta of 1.42. The company has a 50 day moving average of $10.65 and a 200-day moving average of $9.11. Barclays PLC has a 1-year low of $6.23 and a 1-year high of $11.42.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on BCS shares. StockNews.com raised Barclays from a “hold” rating to a “buy” rating in a research report on Monday, May 13th. Deutsche Bank Aktiengesellschaft began coverage on Barclays in a report on Thursday, May 9th. They set a “buy” rating on the stock. 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 stock. According to data from MarketBeat, Barclays has a consensus rating of “Hold” and an average price target of $190.00.

Barclays Company 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.