Barclays PLC $BCS Shares Purchased by Hantz Financial Services Inc.

Hantz Financial Services Inc. raised its holdings in shares of Barclays PLC (NYSE:BCS) by 66.2% in the 4th quarter, HoldingsChannel reports. The fund owned 107,404 shares of the financial services provider’s stock after buying an additional 42,780 shares during the quarter. Hantz Financial Services Inc.’s holdings in Barclays were worth $2,733,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Fisher Asset Management LLC boosted its position in shares of Barclays by 3.6% during the 3rd quarter. Fisher Asset Management LLC now owns 86,027,312 shares of the financial services provider’s stock worth $1,778,185,000 after acquiring an additional 2,964,420 shares in the last quarter. Natixis Advisors LLC boosted its holdings in Barclays by 5.9% in the third quarter. Natixis Advisors LLC now owns 9,886,650 shares of the financial services provider’s stock valued at $204,357,000 after purchasing an additional 549,497 shares in the last quarter. American Century Companies Inc. boosted its holdings in Barclays by 39.2% in the third quarter. American Century Companies Inc. now owns 4,841,068 shares of the financial services provider’s stock valued at $100,065,000 after purchasing an additional 1,362,247 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in Barclays by 793.5% in the third quarter. Ameriprise Financial Inc. now owns 4,777,017 shares of the financial services provider’s stock valued at $99,073,000 after purchasing an additional 4,242,360 shares in the last quarter. Finally, Sei Investments Co. boosted its holdings in Barclays by 4.5% in the third quarter. Sei Investments Co. now owns 3,855,037 shares of the financial services provider’s stock valued at $79,684,000 after purchasing an additional 167,439 shares in the last quarter. 3.39% of the stock is owned by institutional investors and hedge funds.

Barclays Stock Up 2.9%

Shares of NYSE:BCS opened at $24.51 on Wednesday. The stock has a market cap of $83.54 billion, a P/E ratio of 10.21, a P/E/G ratio of 0.44 and a beta of 1.01. The firm has a fifty day moving average price of $22.61 and a 200 day moving average price of $23.78. The company has a debt-to-equity ratio of 5.94, a current ratio of 1.44 and a quick ratio of 1.44. Barclays PLC has a 1-year low of $17.22 and a 1-year high of $27.70.

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

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on BCS shares. Zacks Research cut shares of Barclays from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 19th. Weiss Ratings cut shares of Barclays from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, April 21st. Citigroup restated a “neutral” rating on shares of Barclays in a research note on Thursday, April 23rd. Erste Group Bank restated a “hold” rating on shares of Barclays in a research note on Thursday, March 5th. Finally, BNP Paribas Exane downgraded shares of Barclays from an “outperform” rating to a “neutral” rating in a research note on Tuesday, April 14th. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Barclays 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.