Sivia Capital Partners LLC Acquires 8,262 Shares of Barclays PLC (NYSE:BCS)

Sivia Capital Partners LLC increased its holdings in Barclays PLC (NYSE:BCS) by 72.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,704 shares of the financial services provider’s stock after purchasing an additional 8,262 shares during the quarter. Sivia Capital Partners LLC’s holdings in Barclays were worth $303,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Financial Management Professionals Inc. bought a new stake in shares of Barclays in the 1st quarter valued at about $29,000. Activest Wealth Management bought a new stake in shares of Barclays in the 4th quarter valued at about $33,000. Sierra Ocean LLC bought a new stake in Barclays in the fourth quarter valued at approximately $38,000. TD Private Client Wealth LLC boosted its holdings in Barclays by 135.5% in the fourth quarter. TD Private Client Wealth LLC now owns 2,916 shares of the financial services provider’s stock valued at $39,000 after acquiring an additional 1,678 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in Barclays by 36.8% in the fourth quarter. Farther Finance Advisors LLC now owns 3,762 shares of the financial services provider’s stock valued at $50,000 after acquiring an additional 1,011 shares during the last quarter. Institutional investors own 3.39% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on BCS. BNP Paribas upgraded Barclays from a “neutral” rating to an “outperform” rating in a report on Tuesday, March 4th. Wall Street Zen lowered shares of Barclays from a “buy” rating to a “hold” rating in a research note on Thursday, February 27th.

Barclays Stock Up 1.9%

Shares of Barclays stock opened at $18.22 on Monday. Barclays PLC has a one year low of $10.17 and a one year high of $18.23. The company has a debt-to-equity ratio of 5.33, a current ratio of 1.29 and a quick ratio of 1.29. The stock’s 50-day moving average is $16.02 and its 200 day moving average is $14.99. The firm has a market cap of $64.96 billion, a price-to-earnings ratio of 9.90, a PEG ratio of 0.39 and a beta of 1.11.

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

About Barclays

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.