Wilmington Savings Fund Society FSB acquired a new position in Barclays PLC (NYSE:BCS) during the third quarter, Holdings Channel.com reports. The institutional investor acquired 9,848 shares of the financial services provider’s stock, valued at approximately $120,000.
Several other institutional investors have also added to or reduced their stakes in BCS. Rehmann Capital Advisory Group raised its holdings in shares of Barclays by 83.8% in the third quarter. Rehmann Capital Advisory Group now owns 26,243 shares of the financial services provider’s stock worth $324,000 after buying an additional 11,966 shares during the period. Coldstream Capital Management Inc. bought a new position in Barclays in the 3rd quarter valued at $125,000. MidWestOne Financial Group Inc. increased its stake in Barclays by 30.2% in the third quarter. MidWestOne Financial Group Inc. now owns 180,215 shares of the financial services provider’s stock worth $2,190,000 after purchasing an additional 41,776 shares during the period. M&T Bank Corp lifted its position in shares of Barclays by 4.7% during the third quarter. M&T Bank Corp now owns 20,568 shares of the financial services provider’s stock worth $250,000 after purchasing an additional 918 shares during the last quarter. Finally, Public Employees Retirement System of Ohio purchased a new stake in shares of Barclays during the third quarter valued at $52,335,000. Institutional investors own 3.39% of the company’s stock.
Barclays Stock Down 0.5 %
NYSE:BCS opened at $12.92 on Friday. The company has a debt-to-equity ratio of 5.67, a current ratio of 1.35 and a quick ratio of 1.35. Barclays PLC has a 1-year low of $7.07 and a 1-year high of $13.83. The company has a 50-day moving average of $13.07 and a 200 day moving average of $12.06. The firm has a market cap of $46.62 billion, a PE ratio of 8.79 and a beta of 1.41.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently weighed in on BCS shares. Kepler Capital Markets started coverage on shares of Barclays in a report on Thursday, September 5th. They set a “buy” rating for the company. StockNews.com upgraded Barclays from a “buy” rating to a “strong-buy” rating in a report on Thursday. Finally, The Goldman Sachs Group assumed coverage on Barclays in a report on Tuesday, October 8th. They set a “buy” rating on the stock.
Read Our Latest Stock Analysis on Barclays
Barclays Company Profile
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.
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