Capital Wealth Planning LLC Buys 92,580 Shares of Barclays PLC $BCS

Capital Wealth Planning LLC grew its stake in shares of Barclays PLC (NYSE:BCS) by 13.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 758,712 shares of the financial services provider’s stock after buying an additional 92,580 shares during the period. Capital Wealth Planning LLC’s holdings in Barclays were worth $19,764,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Commonwealth Retirement Investments LLC bought a new position in shares of Barclays in the fourth quarter worth approximately $26,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Barclays in the fourth quarter worth approximately $39,000. Johnson Financial Group Inc. bought a new position in shares of Barclays in the third quarter worth approximately $44,000. Elyxium Wealth LLC bought a new position in shares of Barclays in the fourth quarter worth approximately $80,000. Finally, Rothschild Investment LLC increased its position in shares of Barclays by 130.9% in 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. 3.39% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. BNP Paribas Exane cut shares of Barclays from an “outperform” rating to a “neutral” rating in a research report on Tuesday, April 14th. Citigroup restated a “neutral” rating on shares of Barclays in a research report on Thursday, April 23rd. Morgan Stanley restated an “overweight” rating on shares of Barclays in a research report on Wednesday, February 11th. Zacks Research cut shares of Barclays from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 19th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Barclays in a research report on Wednesday, April 29th. Three investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Barclays presently has a consensus rating of “Hold”.

Barclays Stock Down 2.7%

Shares of BCS opened at $23.66 on Thursday. The firm has a market cap of $80.66 billion, a P/E ratio of 9.86, a P/E/G ratio of 0.45 and a beta of 1.01. The stock has a 50 day simple moving average of $23.45 and a two-hundred day simple moving average of $24.00. 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 issued its earnings results on Monday, April 27th. The financial services provider reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.01. The business had revenue of $5.07 billion during 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 forecast that Barclays PLC will post 2.75 earnings per share for the current fiscal year.

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.