Campbell & CO Investment Adviser LLC Invests $4.42 Million in Barclays PLC $BCS

Campbell & CO Investment Adviser LLC bought a new stake in Barclays PLC (NYSE:BCS) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 237,849 shares of the financial services provider’s stock, valued at approximately $4,422,000.

A number of other large investors also recently made changes to their positions in BCS. Acadian Asset Management LLC raised its stake in Barclays by 37.6% during the first quarter. Acadian Asset Management LLC now owns 33,607,068 shares of the financial services provider’s stock worth $516,163,000 after purchasing an additional 9,188,263 shares during the period. Natixis Advisors LLC raised its holdings in Barclays by 78.7% in the first quarter. Natixis Advisors LLC now owns 8,892,766 shares of the financial services provider’s stock valued at $136,593,000 after buying an additional 3,917,785 shares during the period. Bank of Montreal Can raised its holdings in Barclays by 289.6% in the second quarter. Bank of Montreal Can now owns 1,991,960 shares of the financial services provider’s stock valued at $37,031,000 after buying an additional 1,480,716 shares during the period. Invesco Ltd. increased its position in shares of Barclays by 8,088.1% in the first quarter. Invesco Ltd. now owns 882,108 shares of the financial services provider’s stock worth $13,549,000 after acquiring an additional 871,335 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Barclays in the 1st quarter valued at $12,809,000. Hedge funds and other institutional investors own 3.39% of the company’s stock.

Barclays Stock Performance

Shares of BCS opened at $21.72 on Friday. The firm has a market cap of $75.95 billion, a price-to-earnings ratio of 10.01, a PEG ratio of 0.43 and a beta of 1.14. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 5.94. The business’s 50 day moving average is $20.57 and its two-hundred day moving average is $19.10. Barclays PLC has a 52-week low of $12.14 and a 52-week high of $21.75.

Barclays (NYSE:BCS) last issued its quarterly earnings results on Wednesday, October 22nd. The financial services provider reported $0.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.54 by $0.02. Barclays had a net margin of 21.26% and a return on equity of 8.19%. The business had revenue of $9.59 billion during the quarter, compared to analyst estimates of $6.95 billion. Analysts forecast that Barclays PLC will post 2 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently weighed in on BCS. Morgan Stanley reaffirmed an “overweight” rating on shares of Barclays in a research report on Monday, October 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Barclays in a research report on Wednesday, October 8th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Barclays in a report on Thursday, October 23rd. Citigroup reissued a “neutral” rating on shares of Barclays in a research report on Thursday, October 23rd. Finally, Zacks Research downgraded shares of Barclays from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 28th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy”.

Barclays Company 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.