MML Investors Services LLC Acquires 12,205 Shares of Barclays PLC (NYSE:BCS)

MML Investors Services LLC increased its position in Barclays PLC (NYSE:BCS) by 9.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 135,923 shares of the financial services provider’s stock after purchasing an additional 12,205 shares during the quarter. MML Investors Services LLC’s holdings in Barclays were worth $1,651,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Dorsey Wright & Associates bought a new position in Barclays in the third quarter worth approximately $3,276,000. National Bank of Canada FI grew its stake in Barclays by 1,571.0% in the third quarter. National Bank of Canada FI now owns 470,869 shares of the financial services provider’s stock worth $5,721,000 after purchasing an additional 442,690 shares in the last quarter. EP Wealth Advisors LLC bought a new position in Barclays in the third quarter worth approximately $132,000. Kovitz Investment Group Partners LLC boosted its position in Barclays by 8.2% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 88,498 shares of the financial services provider’s stock valued at $1,016,000 after acquiring an additional 6,728 shares in the last quarter. Finally, Stifel Financial Corp boosted its position in Barclays by 25.4% during the 3rd quarter. Stifel Financial Corp now owns 634,068 shares of the financial services provider’s stock valued at $7,704,000 after acquiring an additional 128,375 shares in the last quarter. Institutional investors own 3.39% of the company’s stock.

Barclays Stock Performance

Shares of BCS opened at $13.33 on Wednesday. Barclays PLC has a 12 month low of $7.07 and a 12 month high of $13.83. The stock has a fifty day moving average price of $13.04 and a 200-day moving average price of $12.05. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 5.67. The firm has a market cap of $48.10 billion, a PE ratio of 9.07 and a beta of 1.41.

Barclays (NYSE:BCS) last issued its quarterly earnings data on Thursday, October 24th. The financial services provider reported $0.56 EPS for the quarter. Barclays had a return on equity of 6.30% and a net margin of 17.83%. The firm had revenue of $8.52 billion during the quarter. During the same quarter in the prior year, the company posted $0.42 EPS. Equities research analysts predict that Barclays PLC will post 1.85 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages have issued reports on BCS. Kepler Capital Markets began coverage on Barclays in a research report on Thursday, September 5th. They set a “buy” rating on the stock. The Goldman Sachs Group began coverage on Barclays in a research report on Tuesday, October 8th. They set a “buy” rating on the stock. Finally, StockNews.com cut Barclays from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, December 11th.

About Barclays

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