XTX Topco Ltd Grows Stock Holdings in Barclays PLC $BCS

XTX Topco Ltd boosted its holdings in shares of Barclays PLC (NYSE:BCS) by 334.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 186,602 shares of the financial services provider’s stock after purchasing an additional 143,643 shares during the period. XTX Topco Ltd’s holdings in Barclays were worth $3,469,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the stock. Acadian Asset Management LLC lifted its holdings in Barclays by 37.6% in the first quarter. Acadian Asset Management LLC now owns 33,607,068 shares of the financial services provider’s stock valued at $516,163,000 after acquiring an additional 9,188,263 shares during the period. Natixis Advisors LLC boosted its holdings in Barclays by 78.7% during the first quarter. Natixis Advisors LLC now owns 8,892,766 shares of the financial services provider’s stock worth $136,593,000 after buying an additional 3,917,785 shares in the last quarter. Raymond James Financial Inc. increased its holdings in Barclays by 11.4% in the first quarter. Raymond James Financial Inc. now owns 4,976,635 shares of the financial services provider’s stock valued at $76,441,000 after buying an additional 509,110 shares in the last quarter. Duquesne Family Office LLC raised its position in shares of Barclays by 19.8% in the first quarter. Duquesne Family Office LLC now owns 3,817,305 shares of the financial services provider’s stock worth $58,634,000 after acquiring an additional 630,450 shares during the period. Finally, American Century Companies Inc. boosted its stake in shares of Barclays by 4.7% during the 2nd quarter. American Century Companies Inc. now owns 3,478,821 shares of the financial services provider’s stock worth $64,671,000 after acquiring an additional 155,397 shares in the last quarter. Hedge funds and other institutional investors own 3.39% of the company’s stock.

Analysts Set New Price Targets

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

Barclays Trading Up 2.7%

Shares of BCS opened at $21.69 on Wednesday. Barclays PLC has a 52-week low of $12.14 and a 52-week high of $22.64. 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 firm’s fifty day moving average is $20.88 and its two-hundred day moving average is $19.58. The stock has a market cap of $75.48 billion, a PE ratio of 9.99, a price-to-earnings-growth ratio of 0.40 and a beta of 1.14.

Barclays (NYSE:BCS) last issued its earnings results on Tuesday, September 30th. The financial services provider reported $0.45 EPS for the quarter. The business had revenue of $9.21 billion during the quarter. Barclays had a net margin of 21.26% and a return on equity of 8.19%. Research analysts forecast that Barclays PLC will post 2 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.