Teachers Retirement System of The State of Kentucky lowered its holdings in Barclays PLC (NYSE:BCS) by 5.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,881,600 shares of the financial services provider’s stock after selling 114,440 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Barclays were worth $39,815,000 as of its most recent SEC filing.
A number of other hedge funds have also made changes to their positions in the business. Diversify Wealth Management LLC boosted its position in Barclays by 41.6% during the 1st quarter. Diversify Wealth Management LLC now owns 139,806 shares of the financial services provider’s stock worth $3,216,000 after purchasing an additional 41,063 shares during the period. Ferguson Wellman Capital Management Inc. purchased a new position in Barclays in the first quarter valued at about $24,704,000. Sequoia Financial Advisors LLC raised its position in Barclays by 6.2% in the first quarter. Sequoia Financial Advisors LLC now owns 49,200 shares of the financial services provider’s stock valued at $1,041,000 after purchasing an additional 2,883 shares during the period. Whipplewood Advisors LLC lifted its stake in shares of Barclays by 2,359.5% during the first quarter. Whipplewood Advisors LLC now owns 4,255 shares of the financial services provider’s stock worth $90,000 after purchasing an additional 4,082 shares in the last quarter. Finally, Personal CFO Solutions LLC boosted its position in shares of Barclays by 7.5% in the first quarter. Personal CFO Solutions LLC now owns 31,328 shares of the financial services provider’s stock worth $663,000 after buying an additional 2,175 shares during the period. Hedge funds and other institutional investors own 3.39% of the company’s stock.
Barclays Stock Up 0.0%
Shares of NYSE BCS opened at $27.48 on Monday. The company has a debt-to-equity ratio of 5.94, a quick ratio of 1.44 and a current ratio of 1.44. Barclays PLC has a 1 year low of $18.33 and a 1 year high of $28.43. The stock’s 50-day simple moving average is $25.13 and its 200-day simple moving average is $24.54. The firm has a market cap of $93.69 billion, a price-to-earnings ratio of 11.45, a PEG ratio of 0.46 and a beta of 1.00.
Analyst Ratings Changes
BCS has been the subject of a number of recent research reports. Royal Bank Of Canada reiterated an “outperform” rating on shares of Barclays in a research note on Wednesday, April 29th. Morgan Stanley reaffirmed an “overweight” rating on shares of Barclays in a research report on Thursday, July 2nd. Weiss Ratings lowered shares of Barclays from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, April 21st. BNP Paribas Exane cut shares of Barclays from an “outperform” rating to a “neutral” rating in a research report on Tuesday, April 14th. Finally, Citigroup restated a “neutral” rating on shares of Barclays in a research note on Thursday, April 23rd. Five investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.
Read Our Latest Research Report on BCS
Barclays Company Profile
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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