Ashton Thomas Private Wealth LLC lifted its holdings in shares of Barclays PLC (NYSE:BCS – Free Report) by 22.9% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 12,741 shares of the financial services provider’s stock after buying an additional 2,373 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in Barclays were worth $155,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of BCS. Rothschild Investment LLC bought a new position in shares of Barclays during the second quarter valued at approximately $30,000. EverSource Wealth Advisors LLC increased its position in Barclays by 71.8% in the first quarter. EverSource Wealth Advisors LLC now owns 3,647 shares of the financial services provider’s stock worth $37,000 after buying an additional 1,524 shares during the period. Symphony Financial Ltd. Co. bought a new stake in Barclays in the third quarter valued at $42,000. EntryPoint Capital LLC bought a new position in shares of Barclays during the first quarter worth about $48,000. Finally, Hexagon Capital Partners LLC increased its holdings in shares of Barclays by 32.4% in the 3rd quarter. Hexagon Capital Partners LLC now owns 4,624 shares of the financial services provider’s stock worth $56,000 after acquiring an additional 1,132 shares during the period. Institutional investors and hedge funds own 3.39% of the company’s stock.
Analyst Upgrades and Downgrades
Several research firms have commented on BCS. The Goldman Sachs Group started coverage on shares of Barclays in a research report on Tuesday, October 8th. They issued a “buy” rating for the company. StockNews.com raised Barclays from a “buy” rating to a “strong-buy” rating in a report on Thursday. Finally, Kepler Capital Markets started coverage on shares of Barclays in a research note on Thursday, September 5th. They set a “buy” rating on the stock.
Barclays Stock Up 1.9 %
Shares of BCS stock opened at $13.20 on Friday. The company has a debt-to-equity ratio of 5.67, a quick ratio of 1.35 and a current ratio of 1.35. The stock has a market cap of $48.05 billion, a PE ratio of 8.95 and a beta of 1.41. The business’s fifty day moving average is $12.38 and its 200-day moving average is $11.63. Barclays PLC has a 1 year low of $6.91 and a 1 year high of $13.57.
Barclays (NYSE:BCS – Get Free Report) last posted its quarterly earnings data on Thursday, October 24th. The financial services provider reported $0.56 earnings per share for the quarter. Barclays had a net margin of 17.83% and a return on equity of 6.30%. The company had revenue of $8.52 billion during the quarter. During the same quarter last year, the business posted $0.42 EPS. Equities analysts expect that Barclays PLC will post 1.71 earnings per share for the current fiscal year.
Barclays Profile
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.
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