Virtu Financial LLC grew its position in shares of Barclays PLC (NYSE:BCS) by 82.3% during the first quarter, according to its most recent filing with the SEC. The firm owned 22,078 shares of the financial services provider’s stock after acquiring an additional 9,969 shares during the period. Virtu Financial LLC’s holdings in Barclays were worth $177,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of BCS. Private Capital Group LLC grew its position in shares of Barclays by 327.7% during the fourth quarter. Private Capital Group LLC now owns 6,099 shares of the financial services provider’s stock valued at $46,000 after purchasing an additional 4,673 shares in the last quarter. Alps Advisors Inc. purchased a new position in shares of Barclays during the fourth quarter valued at about $77,000. Legacy Financial Advisors Inc. grew its position in shares of Barclays by 533.5% during the fourth quarter. Legacy Financial Advisors Inc. now owns 10,523 shares of the financial services provider’s stock valued at $79,000 after purchasing an additional 8,862 shares in the last quarter. Squarepoint Ops LLC purchased a new position in shares of Barclays during the fourth quarter valued at about $84,000. Finally, GSA Capital Partners LLP purchased a new position in shares of Barclays during the fourth quarter valued at about $100,000. Hedge funds and other institutional investors own 2.53% of the company’s stock.
BCS has been the subject of a number of research analyst reports. Zacks Investment Research upgraded Barclays from a “sell” rating to a “hold” rating in a research report on Wednesday, April 24th. Bank of America downgraded shares of Barclays from a “buy” rating to a “neutral” rating in a report on Thursday, April 18th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the stock. Barclays has an average rating of “Hold” and a consensus price target of $11.00.
In other Barclays news, major shareholder Plc Barclays sold 221 shares of the firm’s stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $100,000.00, for a total value of $22,100,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.02% of the stock is owned by company insiders.
Shares of NYSE:BCS traded down $0.26 during trading on Wednesday, reaching $7.73. The company’s stock had a trading volume of 3,374,200 shares, compared to its average volume of 3,055,491. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 5.01. Barclays PLC has a 12 month low of $7.07 and a 12 month high of $11.38. The company has a market cap of $34.18 billion, a price-to-earnings ratio of 6.66, a PEG ratio of 1.11 and a beta of 0.85.
Barclays (NYSE:BCS) last announced its quarterly earnings data on Thursday, April 25th. The financial services provider reported $0.33 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.31 by $0.02. The business had revenue of $6.84 billion during the quarter, compared to the consensus estimate of $6.97 billion. Barclays had a net margin of 15.73% and a return on equity of 5.51%. As a group, equities analysts forecast that Barclays PLC will post 1.19 EPS for the current year.
Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, other European countries, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International divisions. It offers personal and business banking services; credit and debit cards; international banking; and private banking services, which include investment, wealth planning, and credit and specialist solutions to high net worth and ultra-high net worth clients, and family offices.
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