Capstone Investment Advisors LLC Makes New $133,000 Investment in Barclays PLC (NYSE:BCS)

Capstone Investment Advisors LLC purchased a new stake in Barclays PLC (NYSE:BCS) in the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 10,956 shares of the financial services provider’s stock, valued at approximately $133,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. B. Riley Wealth Advisors Inc. purchased a new position in Barclays in the 1st quarter valued at approximately $95,000. Cetera Advisors LLC acquired a new position in shares of Barclays during the 1st quarter worth $151,000. EverSource Wealth Advisors LLC boosted its position in shares of Barclays by 71.8% in the 1st quarter. EverSource Wealth Advisors LLC now owns 3,647 shares of the financial services provider’s stock worth $37,000 after buying an additional 1,524 shares in the last quarter. GAMMA Investing LLC grew its stake in Barclays by 47.5% in the 2nd quarter. GAMMA Investing LLC now owns 6,506 shares of the financial services provider’s stock valued at $70,000 after acquiring an additional 2,095 shares during the last quarter. Finally, Fulton Bank N.A. increased its holdings in Barclays by 67.4% during the 2nd quarter. Fulton Bank N.A. now owns 17,898 shares of the financial services provider’s stock valued at $192,000 after acquiring an additional 7,209 shares in the last quarter. Institutional investors and hedge funds own 3.39% of the company’s stock.

Barclays Stock Performance

Shares of NYSE BCS opened at $13.48 on Monday. The company has a 50-day simple moving average of $12.69 and a 200-day simple moving average of $11.85. The company has a debt-to-equity ratio of 5.67, a current ratio of 1.35 and a quick ratio of 1.35. The company has a market cap of $48.82 billion, a PE ratio of 9.17 and a beta of 1.41. Barclays PLC has a 12 month low of $7.02 and a 12 month high of $13.57.

Barclays (NYSE:BCS) last released its earnings results on Thursday, October 24th. The financial services provider reported $0.56 EPS for the quarter. Barclays had a net margin of 17.83% and a return on equity of 6.30%. The firm had revenue of $8.52 billion during the quarter. During the same period in the previous year, the firm posted $0.42 earnings per share. On average, equities analysts anticipate that Barclays PLC will post 1.71 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have issued reports on BCS shares. The Goldman Sachs Group began coverage on shares of Barclays in a report on Tuesday, October 8th. They issued a “buy” rating on the stock. StockNews.com cut Barclays from a “strong-buy” rating to a “buy” rating in a report on Friday, November 22nd. Finally, Kepler Capital Markets initiated coverage on Barclays in a report on Thursday, September 5th. They issued a “buy” rating for the company.

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.