Vise Technologies Inc. Purchases 28,402 Shares of Barclays PLC $BCS

Vise Technologies Inc. grew its position in shares of Barclays PLC (NYSE:BCS) by 32.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 116,657 shares of the financial services provider’s stock after purchasing an additional 28,402 shares during the period. Vise Technologies Inc.’s holdings in Barclays were worth $2,969,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Todd Asset Management LLC lifted its stake in Barclays by 4.0% during the third quarter. Todd Asset Management LLC now owns 3,516,095 shares of the financial services provider’s stock worth $72,678,000 after purchasing an additional 134,560 shares during the last quarter. Cibc World Market Inc. lifted its stake in Barclays by 226.9% during the third quarter. Cibc World Market Inc. now owns 262,678 shares of the financial services provider’s stock worth $5,430,000 after purchasing an additional 182,318 shares during the last quarter. American Century Companies Inc. lifted its stake in shares of Barclays by 39.2% in the 3rd quarter. American Century Companies Inc. now owns 4,841,068 shares of the financial services provider’s stock valued at $100,065,000 after acquiring an additional 1,362,247 shares during the last quarter. Teachers Retirement System of The State of Kentucky lifted its stake in shares of Barclays by 6.1% in the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 2,239,040 shares of the financial services provider’s stock valued at $46,281,000 after acquiring an additional 129,700 shares during the last quarter. Finally, Prospera Financial Services Inc lifted its stake in shares of Barclays by 235.3% in the 3rd quarter. Prospera Financial Services Inc now owns 72,187 shares of the financial services provider’s stock valued at $1,492,000 after acquiring an additional 50,661 shares during the last quarter. Institutional investors own 3.39% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on BCS shares. Citigroup reissued a “neutral” rating on shares of Barclays in a research note on Thursday, April 23rd. Weiss Ratings lowered Barclays from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, April 21st. Erste Group Bank reissued a “hold” rating on shares of Barclays in a research note on Thursday, March 5th. BNP Paribas Exane lowered Barclays from an “outperform” rating to a “neutral” rating in a research note on Tuesday, April 14th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Barclays in a research note on Wednesday, February 11th. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, Barclays currently has a consensus rating of “Hold”.

Barclays Trading Down 2.9%

NYSE BCS opened at $24.29 on Friday. The stock has a 50-day moving average of $23.23 and a 200-day moving average of $23.92. The firm has a market cap of $82.78 billion, a PE ratio of 10.12, a price-to-earnings-growth ratio of 0.45 and a beta of 1.01. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 5.94. Barclays PLC has a 1-year low of $17.22 and a 1-year high of $27.70.

Barclays (NYSE:BCS) last released its quarterly earnings results on Monday, April 27th. The financial services provider reported $0.76 EPS for the quarter, beating analysts’ consensus estimates of $0.75 by $0.01. The business had revenue of $5.07 billion during the quarter, compared to analyst estimates of $10.88 billion. Barclays had a return on equity of 8.12% and a net margin of 21.10%. As a group, sell-side analysts forecast that Barclays PLC will post 2.75 EPS for the current year.

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.