Barclays PLC $BCS Shares Purchased by Diversified Trust Co

Diversified Trust Co grew its stake in shares of Barclays PLC (NYSE:BCS) by 37.5% in the 3rd quarter, Holdings Channel.com reports. The fund owned 122,450 shares of the financial services provider’s stock after purchasing an additional 33,400 shares during the quarter. Diversified Trust Co’s holdings in Barclays were worth $2,531,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. RWA Wealth Partners LLC acquired a new position in shares of Barclays in the 2nd quarter worth approximately $654,000. Voya Investment Management LLC lifted its stake in Barclays by 39.5% during the third quarter. Voya Investment Management LLC now owns 146,796 shares of the financial services provider’s stock worth $3,034,000 after purchasing an additional 41,585 shares during the last quarter. Ashton Thomas Private Wealth LLC acquired a new position in Barclays in the first quarter worth $230,000. Norges Bank bought a new stake in Barclays during the second quarter valued at $63,206,000. Finally, Assetmark Inc. raised its holdings in shares of Barclays by 217.6% during the second quarter. Assetmark Inc. now owns 47,436 shares of the financial services provider’s stock worth $882,000 after purchasing an additional 32,500 shares during the period. Institutional investors and hedge funds own 3.39% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on BCS. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Barclays in a research report on Thursday, October 23rd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Barclays in a report on Tuesday, December 23rd. Citigroup reissued a “neutral” rating on shares of Barclays in a report on Monday, December 1st. Wall Street Zen downgraded Barclays from a “buy” rating to a “hold” rating in a research note on Friday, October 3rd. Finally, Zacks Research cut Barclays from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 28th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Barclays Stock Performance

Shares of BCS stock opened at $25.60 on Wednesday. Barclays PLC has a 12-month low of $12.14 and a 12-month high of $25.82. The company has a debt-to-equity ratio of 5.94, a current ratio of 1.41 and a quick ratio of 1.41. The firm has a market capitalization of $88.99 billion, a price-to-earnings ratio of 11.80, a price-to-earnings-growth ratio of 0.48 and a beta of 1.00. The business has a 50 day simple moving average of $22.75 and a 200 day simple moving average of $20.72.

Barclays (NYSE:BCS) last announced its quarterly earnings results on Tuesday, September 30th. The financial services provider reported $0.45 earnings per share (EPS) for the quarter. Barclays had a return on equity of 8.19% and a net margin of 21.26%.The company had revenue of $9.21 billion during the quarter. On average, equities research analysts anticipate that Barclays PLC will post 2 EPS 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.