Barclays Target of Unusually Large Options Trading (NYSE:BCS)


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Barclays PLC (NYSE:BCS) was the target of unusually large options trading on Tuesday. Stock investors purchased 12,205 call options on the stock. This is an increase of approximately 300% compared to the average daily volume of 3,051 call options.

A number of research firms have recently weighed in on BCS. BCS lowered Barclays from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 27th. Credit Suisse Group upgraded Barclays from a “neutral” rating to an “outperform” rating in a report on Monday, March 22nd. Royal Bank of Canada restated a “sector perform” rating on shares of Barclays in a report on Tuesday, February 23rd. The Goldman Sachs Group upgraded Barclays from a “neutral” rating to a “buy” rating in a report on Thursday, March 18th. Finally, Morgan Stanley restated an “equal weight” rating on shares of Barclays in a report on Tuesday, April 6th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and seven have issued a buy rating to the company. Barclays presently has an average rating of “Hold”.

Shares of BCS stock traded down $0.19 during trading hours on Tuesday, reaching $9.48. 206,076 shares of the company traded hands, compared to its average volume of 7,336,325. Barclays has a 12-month low of $4.44 and a 12-month high of $10.70. The company has a debt-to-equity ratio of 5.33, a current ratio of 1.50 and a quick ratio of 1.52. The company has a market cap of $41.15 billion, a P/E ratio of 16.67, a P/E/G ratio of 4.13 and a beta of 1.58. The firm has a 50-day moving average price of $10.18 and a 200 day moving average price of $8.27.

Barclays (NYSE:BCS) last released its quarterly earnings data on Thursday, February 18th. The financial services provider reported $0.08 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.20 by ($0.12). Barclays had a return on equity of 3.22% and a net margin of 9.05%. The firm had revenue of $6.53 billion during the quarter, compared to the consensus estimate of $6.19 billion. Sell-side analysts predict that Barclays will post 0.43 EPS for the current year.

The company also recently disclosed a semi-annual dividend, which was paid on Thursday, April 1st. Shareholders of record on Friday, February 26th were paid a $0.0555 dividend. This represents a yield of 0.6%. The ex-dividend date was Thursday, February 25th. Barclays’s payout ratio is 4.00%.

A number of large investors have recently added to or reduced their stakes in BCS. Morgan Stanley boosted its holdings in shares of Barclays by 19.9% in the 3rd quarter. Morgan Stanley now owns 681,839 shares of the financial services provider’s stock worth $3,416,000 after purchasing an additional 113,234 shares during the period. Advisor Partners LLC boosted its holdings in Barclays by 3.9% during the 3rd quarter. Advisor Partners LLC now owns 70,894 shares of the financial services provider’s stock valued at $355,000 after acquiring an additional 2,658 shares during the period. Brinker Capital Investments LLC purchased a new position in Barclays during the 3rd quarter valued at $76,000. Mercer Global Advisors Inc. ADV purchased a new position in Barclays during the 3rd quarter valued at $61,000. Finally, Crossmark Global Holdings Inc. boosted its holdings in Barclays by 2.9% during the 4th quarter. Crossmark Global Holdings Inc. now owns 271,239 shares of the financial services provider’s stock valued at $2,167,000 after acquiring an additional 7,547 shares during the period. 1.89% of the stock is currently owned by institutional investors and hedge funds.

Barclays Company Profile

Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, rest of Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International divisions. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.

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