Barclays PLC $BCS Shares Purchased by William Blair Investment Management LLC

William Blair Investment Management LLC increased its position in shares of Barclays PLC (NYSE:BCS) by 39.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 105,592 shares of the financial services provider’s stock after purchasing an additional 30,099 shares during the period. William Blair Investment Management LLC’s holdings in Barclays were worth $2,687,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Barclays during the fourth quarter worth $39,000. Johnson Financial Group Inc. acquired a new position in Barclays in the third quarter valued at $44,000. Elyxium Wealth LLC acquired a new position in Barclays in the fourth quarter valued at $80,000. Rothschild Investment LLC grew its holdings in shares of Barclays by 130.9% during the third quarter. Rothschild Investment LLC now owns 4,232 shares of the financial services provider’s stock worth $87,000 after purchasing an additional 2,399 shares during the last quarter. Finally, State of Wyoming acquired a new stake in shares of Barclays during the second quarter worth about $118,000. Institutional investors and hedge funds own 3.39% of the company’s stock.

Barclays Price Performance

Shares of NYSE:BCS opened at $24.51 on Wednesday. Barclays PLC has a one year low of $17.22 and a one year high of $27.70. The stock has a market capitalization of $83.54 billion, a price-to-earnings ratio of 10.21, a PEG ratio of 0.44 and a beta of 1.01. The company has a 50-day simple moving average of $22.61 and a 200-day simple moving average of $23.78. The company has a debt-to-equity ratio of 5.94, a quick ratio of 1.44 and a current ratio of 1.44.

Barclays (NYSE:BCS) last released its quarterly earnings results on Monday, April 27th. The financial services provider reported $0.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.75 by $0.01. The firm had revenue of $5.07 billion for the quarter, compared to analyst estimates of $10.88 billion. Barclays had a return on equity of 8.12% and a net margin of 21.10%. On average, analysts predict that Barclays PLC will post 2.75 EPS for the current year.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. Citigroup reissued a “neutral” rating on shares of Barclays in a report on Thursday, April 23rd. Weiss Ratings lowered Barclays from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, April 21st. Erste Group Bank reaffirmed a “hold” rating on shares of Barclays in a research report on Thursday, March 5th. Morgan Stanley reiterated an “overweight” rating on shares of Barclays in a research note on Wednesday, February 11th. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of Barclays in a report on Wednesday, April 29th. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Barclays currently has a consensus rating of “Hold”.

Barclays Company Profile

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.