Barclays PLC $BCS Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. increased its stake in shares of Barclays PLC (NYSE:BCS) by 165.0% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 182,549 shares of the financial services provider’s stock after acquiring an additional 113,672 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Barclays were worth $4,646,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Oppenheimer & Co. Inc. increased its holdings in Barclays by 1.1% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 42,600 shares of the financial services provider’s stock worth $881,000 after purchasing an additional 482 shares during the last quarter. Diversified Trust Co. increased its holdings in Barclays by 0.4% during the 4th quarter. Diversified Trust Co. now owns 122,957 shares of the financial services provider’s stock worth $3,129,000 after purchasing an additional 507 shares during the last quarter. Parallel Advisors LLC increased its holdings in Barclays by 3.0% during the 3rd quarter. Parallel Advisors LLC now owns 19,183 shares of the financial services provider’s stock worth $397,000 after purchasing an additional 563 shares during the last quarter. Aprio Wealth Management LLC increased its holdings in Barclays by 2.9% during the 4th quarter. Aprio Wealth Management LLC now owns 20,605 shares of the financial services provider’s stock worth $524,000 after purchasing an additional 586 shares during the last quarter. Finally, Quadrant Capital Group LLC increased its holdings in Barclays by 0.4% during the 3rd quarter. Quadrant Capital Group LLC now owns 152,351 shares of the financial services provider’s stock worth $3,149,000 after purchasing an additional 633 shares during the last quarter. 3.39% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Weiss Ratings downgraded Barclays from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, April 21st. Zacks Research downgraded Barclays from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 19th. BNP Paribas Exane downgraded Barclays from an “outperform” rating to a “neutral” rating in a report on Tuesday, April 14th. Citigroup restated a “neutral” rating on shares of Barclays in a report on Thursday, April 23rd. Finally, Morgan Stanley restated an “overweight” rating on shares of Barclays in a report on Wednesday, February 11th. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Barclays Price Performance

Shares of NYSE BCS opened at $23.84 on Friday. Barclays PLC has a twelve month low of $17.22 and a twelve month high of $27.70. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 5.94. The company has a market capitalization of $81.24 billion, a price-to-earnings ratio of 9.93, a price-to-earnings-growth ratio of 0.44 and a beta of 1.01. The business has a 50 day simple moving average of $22.47 and a 200-day simple moving average of $23.72.

Barclays (NYSE:BCS) last issued its quarterly earnings results on Monday, April 27th. The financial services provider reported $0.76 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.01. Barclays had a return on equity of 8.12% and a net margin of 21.10%.The business had revenue of $5.07 billion during the quarter, compared to the consensus estimate of $10.88 billion. As a group, equities research analysts expect that Barclays PLC will post 2.75 earnings per share for the current year.

About Barclays

Barclays PLC (NYSE: BCS) is a British multinational bank and financial services company headquartered in London. The firm provides a broad range of banking and financial products to individual, corporate and institutional customers. Its core activities span retail and business banking, credit cards and payments, corporate and investment banking, and wealth and investment management.

In retail and business banking, Barclays offers deposit accounts, mortgages, personal and business loans, and card services.