Barclays (NYSE:BCS) Shares Down 1.2%

Barclays PLC (NYSE:BCS) shares fell 1.2% on Friday . The company traded as low as $7.48 and last traded at $7.49. 49,944 shares traded hands during trading, a decline of 98% from the average session volume of 2,446,742 shares. The stock had previously closed at $7.58.

A number of brokerages have weighed in on BCS. Zacks Investment Research upgraded shares of Barclays from a “sell” rating to a “hold” rating in a research note on Thursday, May 2nd. Bank of America lowered shares of Barclays from a “buy” rating to a “neutral” rating in a research note on Thursday, April 18th. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $11.00.

The company has a debt-to-equity ratio of 5.01, a current ratio of 1.51 and a quick ratio of 1.51. The company has a market capitalization of $32.42 billion, a P/E ratio of 6.48, a price-to-earnings-growth ratio of 2.78 and a beta of 0.92.



Barclays (NYSE:BCS) last posted its quarterly earnings data on Thursday, April 25th. The financial services provider reported $0.33 EPS for the quarter, topping the consensus estimate of $0.31 by $0.02. The firm had revenue of $6.84 billion during the quarter, compared to analyst estimates of $6.97 billion. Barclays had a return on equity of 5.51% and a net margin of 15.73%. As a group, analysts forecast that Barclays PLC will post 1.17 EPS for the current year.

Several large investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its stake in shares of Barclays by 11.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 16,149,521 shares of the financial services provider’s stock worth $129,196,000 after purchasing an additional 1,705,984 shares in the last quarter. Northern Trust Corp increased its stake in shares of Barclays by 11.3% in the 1st quarter. Northern Trust Corp now owns 6,116,698 shares of the financial services provider’s stock worth $48,933,000 after purchasing an additional 622,951 shares in the last quarter. Deutsche Bank AG increased its stake in shares of Barclays by 9,565.4% in the 4th quarter. Deutsche Bank AG now owns 5,282,341 shares of the financial services provider’s stock worth $39,828,000 after purchasing an additional 5,227,689 shares in the last quarter. Parametric Portfolio Associates LLC increased its stake in shares of Barclays by 26.3% in the 1st quarter. Parametric Portfolio Associates LLC now owns 4,271,115 shares of the financial services provider’s stock worth $34,169,000 after purchasing an additional 888,209 shares in the last quarter. Finally, Brandes Investment Partners LP increased its stake in shares of Barclays by 15.0% in the 1st quarter. Brandes Investment Partners LP now owns 3,653,430 shares of the financial services provider’s stock worth $29,227,000 after purchasing an additional 476,187 shares in the last quarter. Hedge funds and other institutional investors own 2.58% of the company’s stock.

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Barclays Company Profile (NYSE:BCS)

Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, other European countries, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International divisions. It offers personal and business banking services; credit and debit cards; international banking; and private banking services, which include investment, wealth planning, and credit and specialist solutions to high net worth and ultra-high net worth clients, and family offices.

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