Virtu Financial LLC Purchases New Shares in Barclays PLC $BCS

Virtu Financial LLC purchased a new position in shares of Barclays PLC (NYSE:BCS) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 26,790 shares of the financial services provider’s stock, valued at approximately $682,000.

A number of other institutional investors also recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Barclays in the fourth quarter valued at about $26,000. Commonwealth Retirement Investments LLC purchased a new stake in Barclays during the 4th quarter valued at approximately $26,000. Advocate Investing Services LLC acquired a new stake in Barclays during the 4th quarter worth approximately $33,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Barclays in the 4th quarter valued at approximately $39,000. Finally, Johnson Financial Group Inc. purchased a new position in shares of Barclays in the 3rd quarter valued at approximately $44,000. 3.39% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

BCS has been the subject of several analyst reports. Zacks Research cut Barclays from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 19th. Royal Bank Of Canada reissued an “outperform” rating on shares of Barclays in a research note on Wednesday, April 29th. Citigroup restated a “neutral” rating on shares of Barclays in a research note on Thursday, April 23rd. Piper Sandler upgraded shares of Barclays from an “overweight” rating to a “buy” rating in a research note on Friday, June 12th. Finally, Weiss Ratings downgraded shares of Barclays from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, April 21st. Four equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Barclays Price Performance

Shares of NYSE BCS opened at $27.27 on Tuesday. The company has a debt-to-equity ratio of 5.94, a quick ratio of 1.44 and a current ratio of 1.44. Barclays PLC has a one year low of $17.22 and a one year high of $27.70. The firm has a market capitalization of $92.96 billion, a P/E ratio of 11.36, a PEG ratio of 0.45 and a beta of 1.01. The company’s fifty day moving average is $24.07 and its two-hundred day moving average is $24.22.

Barclays (NYSE:BCS) last announced its quarterly earnings data on Monday, April 27th. The financial services provider reported $0.76 EPS for the quarter, beating the consensus estimate of $0.75 by $0.01. The firm had revenue of $5.07 billion during the quarter, compared to analysts’ expectations of $10.88 billion. Barclays had a net margin of 21.10% and a return on equity of 8.12%. Analysts forecast that Barclays PLC will post 2.83 EPS for the current fiscal year.

Barclays Profile

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.