Lockheed Martin Investment Management Co. lessened its stake in shares of Barclays PLC (NYSE:BCS) by 22.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 153,400 shares of the financial services provider’s stock after selling 43,300 shares during the period. Lockheed Martin Investment Management Co.’s holdings in Barclays were worth $3,904,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Barclays during the 4th quarter valued at $39,000. First Horizon Corp purchased a new stake in Barclays during the 3rd quarter valued at $40,000. Johnson Financial Group Inc. purchased a new stake in Barclays during the 3rd quarter valued at $44,000. Root Financial Partners LLC purchased a new stake in Barclays in the third quarter worth $79,000. Finally, Rothschild Investment LLC increased its stake in Barclays by 130.9% in the third quarter. Rothschild Investment LLC now owns 4,232 shares of the financial services provider’s stock worth $87,000 after purchasing an additional 2,399 shares during the period. Hedge funds and other institutional investors own 3.39% of the company’s stock.
Wall Street Analyst Weigh In
A number of analysts have weighed in on the company. Weiss Ratings lowered Barclays from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, April 21st. Zacks Research lowered Barclays from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 19th. Citigroup reiterated a “neutral” rating on shares of Barclays in a research note on Thursday, April 23rd. Morgan Stanley reiterated an “overweight” rating on shares of Barclays in a research note on Wednesday, February 11th. Finally, BNP Paribas Exane lowered Barclays from an “outperform” rating to a “neutral” rating in a research note on Tuesday, April 14th. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.
Barclays Stock Performance
Shares of Barclays stock opened at $22.53 on Friday. The firm has a market cap of $76.80 billion, a P/E ratio of 9.39, a P/E/G ratio of 0.43 and a beta of 1.01. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 5.94. Barclays PLC has a 12 month low of $17.22 and a 12 month high of $27.70. The stock’s fifty day moving average price is $22.34 and its 200-day moving average price is $23.65.
Barclays (NYSE:BCS – Get Free Report) last announced its quarterly earnings results on Monday, April 27th. The financial services provider reported $0.76 EPS for the quarter, beating the consensus estimate of $0.75 by $0.01. The firm had revenue of $5.07 billion for the quarter, compared to analyst estimates of $10.88 billion. Barclays had a return on equity of 8.12% and a net margin of 21.10%. On average, equities research analysts expect that Barclays PLC will post 2.75 earnings per share for the current fiscal year.
About Barclays
Barclays PLC (NYSE: BCS) is a British multinational bank and financial services company headquartered in London. The firm provides a broad range of banking and financial products to individual, corporate and institutional customers. Its core activities span retail and business banking, credit cards and payments, corporate and investment banking, and wealth and investment management.
In retail and business banking, Barclays offers deposit accounts, mortgages, personal and business loans, and card services.
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