Focus Partners Wealth Acquires 125,131 Shares of Barclays PLC (NYSE:BCS)

Focus Partners Wealth grew its holdings in Barclays PLC (NYSE:BCS) by 56.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 345,089 shares of the financial services provider’s stock after purchasing an additional 125,131 shares during the quarter. Focus Partners Wealth’s holdings in Barclays were worth $4,590,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brooklyn Investment Group bought a new position in Barclays during the 4th quarter worth approximately $26,000. Activest Wealth Management bought a new position in Barclays during the 4th quarter worth approximately $33,000. Sierra Ocean LLC bought a new position in Barclays during the 4th quarter worth approximately $38,000. TD Private Client Wealth LLC boosted its stake in Barclays by 135.5% during the 4th quarter. TD Private Client Wealth LLC now owns 2,916 shares of the financial services provider’s stock worth $39,000 after acquiring an additional 1,678 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in Barclays by 36.8% during the 4th quarter. Farther Finance Advisors LLC now owns 3,762 shares of the financial services provider’s stock worth $50,000 after acquiring an additional 1,011 shares during the last quarter. Institutional investors own 3.39% of the company’s stock.

Barclays Stock Performance

Shares of BCS opened at $17.27 on Thursday. The company has a debt-to-equity ratio of 5.33, a quick ratio of 1.29 and a current ratio of 1.29. Barclays PLC has a twelve month low of $10.17 and a twelve month high of $17.31. The firm’s 50 day moving average price is $15.31 and its two-hundred day moving average price is $14.41. The firm has a market cap of $61.86 billion, a P/E ratio of 9.39, a PEG ratio of 0.39 and a beta of 1.10.

Barclays (NYSE:BCS) last announced its quarterly earnings results on Wednesday, April 30th. The financial services provider reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.04. Barclays had a net margin of 20.81% and a return on equity of 7.74%. The firm had revenue of $10.32 billion for the quarter, compared to analyst estimates of $8.37 billion. On average, analysts forecast that Barclays PLC will post 2 EPS for the current fiscal year.

Analysts Set New Price Targets

BCS has been the topic of several recent analyst reports. BNP Paribas raised shares of Barclays from a “neutral” rating to an “outperform” rating in a research note on Tuesday, March 4th. StockNews.com lowered shares of Barclays from a “buy” rating to a “hold” rating in a research note on Thursday, February 27th.

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.