Campbell & CO Investment Adviser LLC Takes $4.42 Million Position in Barclays PLC $BCS

Campbell & CO Investment Adviser LLC acquired a new position in shares of Barclays PLC (NYSE:BCS) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 237,849 shares of the financial services provider’s stock, valued at approximately $4,422,000.

Other institutional investors have also recently added to or reduced their stakes in the company. M&T Bank Corp lifted its position in shares of Barclays by 14.3% in the 1st quarter. M&T Bank Corp now owns 23,607 shares of the financial services provider’s stock worth $362,000 after buying an additional 2,955 shares during the last quarter. Cerity Partners LLC raised its stake in Barclays by 39.2% during the first quarter. Cerity Partners LLC now owns 236,094 shares of the financial services provider’s stock worth $3,626,000 after acquiring an additional 66,512 shares during the period. Genus Capital Management Inc. lifted its holdings in Barclays by 217.5% in the first quarter. Genus Capital Management Inc. now owns 41,655 shares of the financial services provider’s stock worth $640,000 after acquiring an additional 77,110 shares during the last quarter. Diversify Wealth Management LLC boosted its stake in Barclays by 10.8% in the first quarter. Diversify Wealth Management LLC now owns 77,228 shares of the financial services provider’s stock valued at $1,246,000 after acquiring an additional 7,538 shares during the period. Finally, Ballentine Partners LLC grew its holdings in shares of Barclays by 2.2% during the first quarter. Ballentine Partners LLC now owns 31,547 shares of the financial services provider’s stock valued at $485,000 after purchasing an additional 668 shares during the last quarter. Institutional investors own 3.39% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on BCS. Wall Street Zen lowered Barclays from a “buy” rating to a “hold” rating in a research report on Friday, October 3rd. Citigroup reiterated a “neutral” rating on shares of Barclays in a research note on Thursday, October 23rd. Morgan Stanley restated an “overweight” rating on shares of Barclays in a research report on Monday, October 6th. Zacks Research downgraded shares of Barclays from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 28th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Barclays in a research note on Wednesday, October 8th. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Barclays Stock Up 0.6%

Barclays stock opened at $21.72 on Friday. Barclays PLC has a 52 week low of $12.14 and a 52 week high of $21.75. The stock has a market cap of $75.95 billion, a price-to-earnings ratio of 10.01, a PEG ratio of 0.43 and a beta of 1.14. The company’s 50-day moving average price is $20.57 and its two-hundred day moving average price is $19.10. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 5.94.

Barclays (NYSE:BCS) last issued its quarterly earnings results on Wednesday, October 22nd. The financial services provider reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.54 by $0.02. Barclays had a net margin of 21.26% and a return on equity of 8.19%. The company had revenue of $9.59 billion during the quarter, compared to analyst estimates of $6.95 billion. On average, analysts expect that Barclays PLC will post 2 EPS for the current fiscal 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.