KCS Wealth Advisory Acquires Shares of 13,560 Barclays PLC (BCS)

KCS Wealth Advisory acquired a new position in shares of Barclays PLC (NYSE:BCS) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 13,560 shares of the financial services provider’s stock, valued at approximately $148,000.

A number of other hedge funds have also recently bought and sold shares of the business. Strategic Global Advisors LLC increased its position in Barclays by 0.6% during the 2nd quarter. Strategic Global Advisors LLC now owns 16,415 shares of the financial services provider’s stock worth $174,000 after buying an additional 94 shares during the period. State Street Corp increased its position in Barclays by 0.4% during the 2nd quarter. State Street Corp now owns 27,113 shares of the financial services provider’s stock worth $288,000 after buying an additional 100 shares during the period. Raymond James Trust N.A. increased its position in Barclays by 10.5% during the 2nd quarter. Raymond James Trust N.A. now owns 22,315 shares of the financial services provider’s stock worth $236,000 after buying an additional 2,113 shares during the period. Nationwide Fund Advisors increased its position in Barclays by 1.0% during the 2nd quarter. Nationwide Fund Advisors now owns 305,296 shares of the financial services provider’s stock worth $3,233,000 after buying an additional 2,896 shares during the period. Finally, Sterling Capital Management LLC increased its position in Barclays by 21.1% during the 2nd quarter. Sterling Capital Management LLC now owns 19,694 shares of the financial services provider’s stock worth $209,000 after buying an additional 3,437 shares during the period. Hedge funds and other institutional investors own 2.47% of the company’s stock.

Barclays PLC (NYSE:BCS) opened at $10.75 on Friday. The company has a debt-to-equity ratio of 3.78, a current ratio of 1.21 and a quick ratio of 1.19. Barclays PLC has a 12-month low of $9.29 and a 12-month high of $11.96. The company has a market capitalization of $45,806.95, a price-to-earnings ratio of 15.58, a P/E/G ratio of 0.54 and a beta of 0.95.

Several research analysts have weighed in on BCS shares. Zacks Investment Research upgraded Barclays from a “sell” rating to a “hold” rating in a research report on Tuesday, September 26th. ValuEngine upgraded Barclays from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. BNP Paribas cut Barclays from an “outperform” rating to a “neutral” rating in a research report on Thursday, October 5th. Berenberg Bank upgraded Barclays from a “sell” rating to a “hold” rating in a research report on Friday, October 20th. Finally, Keefe, Bruyette & Woods upgraded Barclays from an “underperform” rating to a “market perform” rating in a research report on Tuesday, October 31st. Four investment analysts have rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $11.25.

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About Barclays

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Institutional Ownership by Quarter for Barclays (NYSE:BCS)

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