Henry James International Management Inc. Grows Stock Holdings in Barclays PLC $BCS

Henry James International Management Inc. grew its holdings in shares of Barclays PLC (NYSE:BCS) by 85.7% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 61,581 shares of the financial services provider’s stock after purchasing an additional 28,412 shares during the quarter. Henry James International Management Inc.’s holdings in Barclays were worth $1,145,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Fisher Asset Management LLC lifted its position in Barclays by 13.2% during the second quarter. Fisher Asset Management LLC now owns 83,062,892 shares of the financial services provider’s stock worth $1,544,139,000 after buying an additional 9,692,999 shares during the period. Acadian Asset Management LLC increased its stake in shares of Barclays by 37.6% during the 1st quarter. Acadian Asset Management LLC now owns 33,607,068 shares of the financial services provider’s stock valued at $516,163,000 after acquiring an additional 9,188,263 shares during the last quarter. Norges Bank acquired a new stake in shares of Barclays in the second quarter worth approximately $63,206,000. 1832 Asset Management L.P. purchased a new stake in Barclays in the second quarter valued at approximately $57,568,000. Finally, JPMorgan Chase & Co. increased its position in Barclays by 1,719.7% during the second quarter. JPMorgan Chase & Co. now owns 2,031,480 shares of the financial services provider’s stock worth $37,765,000 after purchasing an additional 1,919,843 shares during the last quarter. Hedge funds and other institutional investors own 3.39% of the company’s stock.

Barclays Price Performance

BCS stock opened at $23.83 on Friday. The stock has a 50-day simple moving average of $21.52 and a 200-day simple moving average of $20.07. The firm has a market cap of $82.85 billion, a P/E ratio of 10.98, a price-to-earnings-growth ratio of 0.46 and a beta of 1.00. The company has a debt-to-equity ratio of 5.94, a quick ratio of 1.41 and a current ratio of 1.41. Barclays PLC has a 1 year low of $12.14 and a 1 year high of $24.22.

Barclays (NYSE:BCS) last released its quarterly earnings results on Tuesday, September 30th. The financial services provider reported $0.45 earnings per share for the quarter. The firm had revenue of $9.21 billion during the quarter. Barclays had a return on equity of 8.19% and a net margin of 21.26%. On average, equities analysts predict that Barclays PLC will post 2 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have weighed in on BCS shares. Morgan Stanley reiterated an “overweight” rating on shares of Barclays in a report on Monday, November 24th. Royal Bank Of Canada reissued an “outperform” rating on shares of Barclays in a research report on Thursday, October 23rd. Wall Street Zen lowered Barclays from a “buy” rating to a “hold” rating in a research note on Friday, October 3rd. Zacks Research lowered Barclays from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 28th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Barclays in a report on Thursday. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Barclays has an average rating of “Moderate Buy”.

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.