Atlas Capital Advisors Inc. Takes Position in Barclays PLC $BCS

Atlas Capital Advisors Inc. purchased a new stake in Barclays PLC (NYSE:BCS) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 65,764 shares of the financial services provider’s stock, valued at approximately $1,674,000.

A number of other institutional investors and hedge funds have also made changes to their positions in BCS. Commonwealth Retirement Investments LLC purchased a new stake in shares of Barclays in the 4th quarter valued at approximately $26,000. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Barclays in the 4th quarter valued at approximately $26,000. Advocate Investing Services LLC purchased a new stake in shares of Barclays in the 4th quarter valued at approximately $33,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Barclays in the 4th quarter valued at approximately $39,000. Finally, Johnson Financial Group Inc. purchased a new stake in shares of Barclays in the 3rd quarter valued at approximately $44,000. 3.39% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have recently issued reports on BCS. Royal Bank Of Canada reissued an “outperform” rating on shares of Barclays in a research note on Wednesday, April 29th. Citigroup reissued a “neutral” rating on shares of Barclays in a research note on Thursday, April 23rd. Zacks Research downgraded shares of Barclays from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 19th. Erste Group Bank reissued a “hold” rating on shares of Barclays in a research note on Thursday, March 5th. Finally, Piper Sandler raised shares of Barclays from an “overweight” rating to a “buy” rating in a research note on Friday. Four analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

View Our Latest Analysis on Barclays

Barclays Price Performance

Shares of BCS opened at $25.44 on Friday. Barclays PLC has a fifty-two week low of $17.22 and a fifty-two week high of $27.70. The firm’s 50 day moving average price is $23.60 and its 200 day moving average price is $24.04. The company has a market cap of $86.71 billion, a P/E ratio of 10.60, a PEG ratio of 0.47 and a beta of 1.01. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 5.94.

Barclays (NYSE:BCSGet Free Report) last announced its earnings results on Monday, April 27th. The financial services provider reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.01. Barclays had a net margin of 21.10% and a return on equity of 8.12%. The firm had revenue of $5.07 billion for the quarter, compared to the consensus estimate of $10.88 billion. On average, research analysts forecast that Barclays PLC will post 2.75 earnings per share for the current fiscal year.

Barclays Profile

(Free Report)

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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Institutional Ownership by Quarter for Barclays (NYSE:BCS)

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