Barclays (NYSE:BCS)‘s stock had its “buy” rating reiterated by investment analysts at JPMorgan Chase in a research note issued to investors on Monday, March 19th.
BCS has been the topic of a number of other reports. Goldman Sachs reaffirmed a “sell” rating on shares of Barclays in a research note on Tuesday, December 5th. Zacks Investment Research lowered shares of Barclays from a “hold” rating to a “sell” rating in a report on Wednesday, January 10th. Morgan Stanley lowered shares of Barclays from an “overweight” rating to an “equal” rating in a report on Wednesday, January 10th. Investec lowered shares of Barclays from a “buy” rating to a “hold” rating in a report on Friday, December 15th. Finally, Keefe, Bruyette & Woods lowered shares of Barclays from a “market perform” rating to an “underperform” rating in a report on Thursday, January 11th. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and six have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $11.00.
Shares of NYSE BCS traded up $0.19 during mid-day trading on Monday, hitting $12.45. 1,499,334 shares of the stock were exchanged, compared to its average volume of 3,931,186. Barclays has a twelve month low of $9.29 and a twelve month high of $12.47. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 4.10. The firm has a market cap of $52,428.41, a price-to-earnings ratio of 15.00, a PEG ratio of 0.38 and a beta of 0.81.
In other Barclays news, major shareholder Plc Barclays sold 25,000 shares of the business’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $10.00, for a total value of $250,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders have sold a total of 29,627 shares of company stock valued at $300,992 in the last ninety days. 0.02% of the stock is currently owned by insiders.
A number of institutional investors and hedge funds have recently bought and sold shares of BCS. Fisher Asset Management LLC boosted its stake in shares of Barclays by 9.7% in the 4th quarter. Fisher Asset Management LLC now owns 22,652,176 shares of the financial services provider’s stock valued at $246,909,000 after purchasing an additional 1,997,444 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of Barclays by 33.9% in the 4th quarter. Jane Street Group LLC now owns 8,504,935 shares of the financial services provider’s stock valued at $92,704,000 after purchasing an additional 2,153,809 shares during the last quarter. Deutsche Bank AG boosted its stake in Barclays by 516.1% during the fourth quarter. Deutsche Bank AG now owns 6,954,812 shares of the financial services provider’s stock worth $75,807,000 after acquiring an additional 5,826,043 shares in the last quarter. Parametric Portfolio Associates LLC boosted its stake in Barclays by 13.7% during the third quarter. Parametric Portfolio Associates LLC now owns 3,730,934 shares of the financial services provider’s stock worth $38,615,000 after acquiring an additional 450,707 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its stake in Barclays by 28.3% during the fourth quarter. Renaissance Technologies LLC now owns 1,171,303 shares of the financial services provider’s stock worth $12,767,000 after acquiring an additional 258,100 shares in the last quarter. 2.55% of the stock is currently owned by hedge funds and other institutional investors.
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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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