Barclays PLC (NYSE:BCS) Shares Bought by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. increased its stake in Barclays PLC (NYSE:BCS) by 1.2% during the 3rd quarter, Holdings Channel.com reports. The fund owned 113,381 shares of the financial services provider’s stock after buying an additional 1,344 shares during the period. PNC Financial Services Group Inc.’s holdings in Barclays were worth $1,378,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of BCS. Rothschild Investment LLC acquired a new position in shares of Barclays in the 2nd quarter valued at $30,000. Symphony Financial Ltd. Co. purchased a new position in shares of Barclays in the 3rd quarter worth $42,000. EverSource Wealth Advisors LLC grew its position in Barclays by 71.8% during the first quarter. EverSource Wealth Advisors LLC now owns 3,647 shares of the financial services provider’s stock valued at $37,000 after acquiring an additional 1,524 shares during the period. Hexagon Capital Partners LLC increased its stake in Barclays by 32.4% during the third quarter. Hexagon Capital Partners LLC now owns 4,624 shares of the financial services provider’s stock worth $56,000 after acquiring an additional 1,132 shares during the last quarter. Finally, Blue Trust Inc. increased its stake in Barclays by 452.5% during the second quarter. Blue Trust Inc. now owns 6,304 shares of the financial services provider’s stock worth $68,000 after acquiring an additional 5,163 shares during the last quarter. 3.39% of the stock is currently owned by hedge funds and other institutional investors.

Barclays Stock Down 1.6 %

Shares of NYSE:BCS opened at $13.14 on Wednesday. The company has a market capitalization of $47.58 billion, a price-to-earnings ratio of 8.94 and a beta of 1.41. The company has a 50 day moving average of $12.62 and a two-hundred day moving average of $11.80. Barclays PLC has a 52-week low of $7.02 and a 52-week high of $13.57. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 5.67.

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Barclays (NYSE:BCS – Get Free Report) last released its quarterly earnings results on Thursday, October 24th. The financial services provider reported $0.56 earnings per share (EPS) for the quarter. Barclays had a net margin of 17.83% and a return on equity of 6.30%. The firm had revenue of $8.52 billion for the quarter. During the same period last year, the firm earned $0.42 EPS. As a group, analysts forecast that Barclays PLC will post 1.71 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on BCS shares. Kepler Capital Markets started coverage on shares of Barclays in a research report on Thursday, September 5th. They set a “buy” rating for the company. StockNews.com downgraded shares of Barclays from a “strong-buy” rating to a “buy” rating in a research note on Friday, November 22nd. Finally, The Goldman Sachs Group began coverage on Barclays in a report on Tuesday, October 8th. They issued a “buy” rating for the company.

Read Our Latest Analysis on Barclays

About Barclays

(Free Report)

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.