Barclays PLC (NYSE:BCS) Shares Purchased by National Bank of Canada FI

National Bank of Canada FI boosted its holdings in shares of Barclays PLC (NYSE:BCS) by 1,571.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 470,869 shares of the financial services provider’s stock after acquiring an additional 442,690 shares during the period. National Bank of Canada FI’s holdings in Barclays were worth $5,721,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of BCS. Rothschild Investment LLC acquired a new stake in shares of Barclays during the second quarter valued at $30,000. Symphony Financial Ltd. Co. purchased a new stake in shares of Barclays during the third quarter worth about $42,000. Hexagon Capital Partners LLC grew its holdings in shares of Barclays by 32.4% during the third quarter. Hexagon Capital Partners LLC now owns 4,624 shares of the financial services provider’s stock worth $56,000 after buying an additional 1,132 shares in the last quarter. Blue Trust Inc. lifted its stake in shares of Barclays by 452.5% during the second quarter. Blue Trust Inc. now owns 6,304 shares of the financial services provider’s stock valued at $68,000 after buying an additional 5,163 shares during the period. Finally, Certuity LLC acquired a new stake in Barclays during the second quarter worth approximately $107,000. Hedge funds and other institutional investors own 3.39% of the company’s stock.

Analyst Upgrades and Downgrades

BCS has been the subject of several analyst reports. Kepler Capital Markets initiated coverage on Barclays in a report on Thursday, September 5th. They issued a “buy” rating for the company. StockNews.com lowered Barclays from a “strong-buy” rating to a “buy” rating in a research note on Wednesday. Finally, The Goldman Sachs Group initiated coverage on Barclays in a research note on Tuesday, October 8th. They issued a “buy” rating on the stock.

Barclays Stock Performance

NYSE:BCS opened at $13.57 on Friday. Barclays PLC has a fifty-two week low of $7.07 and a fifty-two week high of $13.83. The firm’s 50 day moving average is $12.92 and its two-hundred day moving average is $11.98. The company has a market cap of $48.96 billion, a P/E ratio of 9.23 and a beta of 1.41. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 5.67.

Barclays (NYSE:BCS) last issued its earnings results on Thursday, October 24th. The financial services provider reported $0.56 earnings per share for the quarter. The firm had revenue of $8.52 billion for the quarter. Barclays had a return on equity of 6.30% and a net margin of 17.83%. During the same quarter in the previous year, the business posted $0.42 EPS. Analysts expect that Barclays PLC will post 1.85 EPS for the current year.

Barclays 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.