Cerity Partners LLC Increases Stock Position in Barclays PLC (NYSE:BCS)

Cerity Partners LLC lifted its holdings in shares of Barclays PLC (NYSE:BCS) by 101.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 174,418 shares of the financial services provider’s stock after purchasing an additional 87,784 shares during the period. Cerity Partners LLC’s holdings in Barclays were worth $2,119,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. Acadian Asset Management LLC lifted its position in shares of Barclays by 1,362.1% in the second quarter. Acadian Asset Management LLC now owns 19,682,115 shares of the financial services provider’s stock valued at $210,762,000 after acquiring an additional 18,335,937 shares in the last quarter. Natixis Advisors LLC lifted 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 valued at $43,315,000 after purchasing an additional 2,641,608 shares in the last quarter. Renaissance Technologies LLC boosted its stake in shares of Barclays by 190.9% during the 2nd quarter. Renaissance Technologies LLC now owns 3,661,086 shares of the financial services provider’s stock worth $39,210,000 after purchasing an additional 2,402,500 shares during the last quarter. Sei Investments Co. grew its holdings in shares of Barclays by 118.7% during the second quarter. Sei Investments Co. now owns 2,709,312 shares of the financial services provider’s stock worth $29,017,000 after buying an additional 1,470,523 shares in the last quarter. Finally, Duquesne Family Office LLC raised its position in shares of Barclays by 97.4% in the second quarter. Duquesne Family Office LLC now owns 2,075,455 shares of the financial services provider’s stock valued at $22,228,000 after buying an additional 1,024,100 shares during the last quarter. 3.39% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. Kepler Capital Markets initiated coverage on shares of Barclays in a research report on Thursday, September 5th. They set a “buy” rating on the stock. StockNews.com cut Barclays from a “strong-buy” rating to a “buy” rating in a report on Friday, November 22nd. Finally, The Goldman Sachs Group began coverage on Barclays in a research note on Tuesday, October 8th. They issued a “buy” rating for the company.

Barclays Price Performance

Barclays stock opened at $13.48 on Monday. Barclays PLC has a 1 year low of $7.02 and a 1 year high of $13.57. The company has a debt-to-equity ratio of 5.67, a quick ratio of 1.35 and a current ratio of 1.35. The firm has a 50 day moving average price of $12.69 and a 200 day moving average price of $11.85. The company has a market cap of $48.82 billion, a price-to-earnings ratio of 9.17 and a beta of 1.41.

Barclays (NYSE:BCS) last issued its earnings results on Thursday, October 24th. The financial services provider reported $0.56 earnings per share for the quarter. The firm had revenue of $8.52 billion for the quarter. Barclays had a return on equity of 6.30% and a net margin of 17.83%. During the same quarter in the previous year, the business posted $0.42 EPS. Sell-side analysts predict that Barclays PLC will post 1.71 earnings per share for the current year.

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.