Vise Technologies Inc. Purchases 151,077 Shares of Barclays PLC $BCS

Vise Technologies Inc. purchased a new stake in shares of Barclays PLC (NYSE:BCS) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 151,077 shares of the financial services provider’s stock, valued at approximately $3,667,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Brooklands Fund Management Ltd bought a new stake in Barclays in the 1st quarter worth about $1,405,000. Corient Private Wealth LP purchased a new position in Barclays in the 2nd quarter worth about $2,338,000. NINE MASTS CAPITAL Ltd bought a new position in Barclays during the 2nd quarter valued at about $13,268,000. Barometer Capital Management Inc. lifted its stake in Barclays by 2,009.8% during the 1st quarter. Barometer Capital Management Inc. now owns 86,500 shares of the financial services provider’s stock valued at $1,830,000 after acquiring an additional 82,400 shares during the period. Finally, Public Employees Retirement System of Ohio purchased a new stake in shares of Barclays during the 2nd quarter valued at about $9,888,000. 3.39% of the stock is owned by institutional investors.

Barclays Stock Performance

Shares of BCS opened at $22.41 on Wednesday. The firm has a market capitalization of $74.93 billion, a P/E ratio of 8.13, a PEG ratio of 0.48 and a beta of 1.04. The company has a debt-to-equity ratio of 5.89, a current ratio of 1.47 and a quick ratio of 1.47. Barclays PLC has a one year low of $19.83 and a one year high of $28.68. The business has a fifty day moving average of $24.36 and a 200 day moving average of $24.86.

Barclays (NYSE:BCS) last posted its earnings results on Wednesday, October 21st. The financial services provider reported $0.66 earnings per share for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.01). The firm had revenue of $9.85 billion during the quarter, compared to the consensus estimate of $10.10 billion. Barclays had a net margin of 22.74% and a return on equity of 9.02%. As a group, sell-side analysts anticipate that Barclays PLC will post 2.77 EPS for the current year.

Wall Street Analyst Weigh In

BCS has been the subject of a number of research analyst reports. Morgan Stanley lowered shares of Barclays from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, September 2nd. Weiss Ratings downgraded shares of Barclays from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, October 23rd. Bank of America cut shares of Barclays from a “buy” rating to a “neutral” rating in a report on Tuesday, September 1st. Finally, Citigroup reaffirmed a “neutral” rating on shares of Barclays in a research report on Thursday, July 16th. Four equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Barclays presently has a consensus rating of “Hold”.

Barclays Company Profile

Barclays PLC is a diversified financial services company headquartered in London, England. Through its banking and financial services businesses, the company serves individuals, businesses, institutions and governments in the United Kingdom, the United States and other international markets.

Its principal activities include consumer and business banking, current and savings accounts, mortgages, personal loans, credit cards and payment services. Barclays also provides private banking and wealth management services, including investment management, financial planning and lending for high-net-worth clients.

Through its corporate and investment banking operations, Barclays offers corporate lending, transaction banking, financial advice, securities underwriting, sales and trading, research and capital-markets services.