HB Wealth Management LLC Takes $138,000 Position in Barclays PLC (NYSE:BCS)

HB Wealth Management LLC purchased a new position in shares of Barclays PLC (NYSE:BCS) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 10,351 shares of the financial services provider’s stock, valued at approximately $138,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Brooklyn Investment Group purchased a new stake in shares of Barclays during the 4th quarter valued at $26,000. Contravisory Investment Management Inc. bought a new position in Barclays during the fourth quarter valued at about $194,000. Redhawk Wealth Advisors Inc. increased its holdings in Barclays by 28.0% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 44,541 shares of the financial services provider’s stock worth $592,000 after buying an additional 9,743 shares during the last quarter. Park Avenue Securities LLC increased its holdings in Barclays by 190.2% during the fourth quarter. Park Avenue Securities LLC now owns 159,536 shares of the financial services provider’s stock worth $2,120,000 after buying an additional 104,555 shares during the last quarter. Finally, Kathmere Capital Management LLC boosted its stake in Barclays by 10.7% in the fourth quarter. Kathmere Capital Management LLC now owns 48,435 shares of the financial services provider’s stock valued at $644,000 after acquiring an additional 4,667 shares during the last quarter. 3.39% of the stock is owned by institutional investors.

Barclays Trading Down 1.0 %

Shares of Barclays stock opened at $14.62 on Friday. 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 stock has a market capitalization of $52.73 billion, a P/E ratio of 9.94, a P/E/G ratio of 0.44 and a beta of 1.41. Barclays PLC has a 52-week low of $7.07 and a 52-week high of $14.92. The stock’s 50-day simple moving average is $13.47 and its 200 day simple moving average is $12.56.

Barclays (NYSE:BCSGet Free Report) last announced its quarterly earnings results on Thursday, October 24th. The financial services provider reported $0.56 EPS for the quarter. The company had revenue of $8.52 billion for the quarter. Barclays had a net margin of 17.83% and a return on equity of 6.30%. During the same quarter in the previous year, the company posted $0.42 earnings per share. As a group, research analysts anticipate that Barclays PLC will post 1.53 EPS for the current year.

Analyst Ratings Changes

BCS has been the subject of several research analyst reports. StockNews.com lowered shares of Barclays from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 16th. The Goldman Sachs Group assumed coverage on Barclays in a research report on Tuesday, October 8th. They issued a “buy” rating for the company.

View Our Latest Research Report on Barclays

Barclays Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Barclays (NYSE:BCS)

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