Barclays PLC $BCS Shares Sold by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd lowered its holdings in Barclays PLC (NYSE:BCS) by 26.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 490,067 shares of the financial services provider’s stock after selling 172,428 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Barclays were worth $10,130,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in BCS. AMG National Trust Bank grew its position in Barclays by 0.5% in the second quarter. AMG National Trust Bank now owns 105,707 shares of the financial services provider’s stock worth $1,965,000 after buying an additional 561 shares during the last quarter. Fifth Third Bancorp boosted its stake in shares of Barclays by 1.1% during the 2nd quarter. Fifth Third Bancorp now owns 56,035 shares of the financial services provider’s stock worth $1,042,000 after acquiring an additional 599 shares in the last quarter. Bleakley Financial Group LLC grew its holdings in shares of Barclays by 3.4% in the 2nd quarter. Bleakley Financial Group LLC now owns 19,389 shares of the financial services provider’s stock worth $360,000 after acquiring an additional 634 shares during the last quarter. Prospera Financial Services Inc raised its position in shares of Barclays by 3.4% during the second quarter. Prospera Financial Services Inc now owns 21,526 shares of the financial services provider’s stock worth $400,000 after purchasing an additional 699 shares during the period. Finally, Ashton Thomas Private Wealth LLC lifted its holdings in shares of Barclays by 5.0% during the second quarter. Ashton Thomas Private Wealth LLC now owns 15,473 shares of the financial services provider’s stock valued at $288,000 after purchasing an additional 740 shares during the last quarter. 3.39% of the stock is owned by institutional investors and hedge funds.

Barclays Price Performance

NYSE BCS opened at $26.22 on Friday. The company has a debt-to-equity ratio of 5.94, a current ratio of 1.41 and a quick ratio of 1.41. The firm has a market capitalization of $90.87 billion, a price-to-earnings ratio of 12.08, a price-to-earnings-growth ratio of 0.40 and a beta of 0.98. The company has a 50 day simple moving average of $24.35 and a 200-day simple moving average of $21.67. Barclays PLC has a 52-week low of $12.14 and a 52-week high of $26.64.

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on BCS shares. Wall Street Zen cut Barclays from a “buy” rating to a “hold” rating in a research note on Friday, October 3rd. Citigroup reissued a “neutral” rating on shares of Barclays in a research report on Thursday. Morgan Stanley restated an “overweight” rating on shares of Barclays in a report on Monday, November 24th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Barclays in a research note on Thursday, October 23rd. Finally, Zacks Research downgraded shares of Barclays from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 28th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.

About Barclays

Barclays PLC (NYSE: BCS) is a British multinational bank and financial services company headquartered in London. The firm provides a broad range of banking and financial products to individual, corporate and institutional customers. Its core activities span retail and business banking, credit cards and payments, corporate and investment banking, and wealth and investment management.

In retail and business banking, Barclays offers deposit accounts, mortgages, personal and business loans, and card services.