Barclays PLC (NYSE:BCS) Stock Holdings Lifted by Advisors Asset Management Inc.

Advisors Asset Management Inc. raised its position in shares of Barclays PLC (NYSE:BCS) by 32.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,149 shares of the financial services provider’s stock after purchasing an additional 13,040 shares during the period. Advisors Asset Management Inc.’s holdings in Barclays were worth $646,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Sage Mountain Advisors LLC raised its position in Barclays by 7.7% during the second quarter. Sage Mountain Advisors LLC now owns 11,767 shares of the financial services provider’s stock valued at $126,000 after acquiring an additional 838 shares in the last quarter. Apollon Wealth Management LLC raised its holdings in shares of Barclays by 10.0% during the 3rd quarter. Apollon Wealth Management LLC now owns 11,826 shares of the financial services provider’s stock valued at $144,000 after purchasing an additional 1,075 shares in the last quarter. Hexagon Capital Partners LLC lifted its stake in shares of Barclays by 32.4% in the 3rd quarter. Hexagon Capital Partners LLC now owns 4,624 shares of the financial services provider’s stock valued at $56,000 after purchasing an additional 1,132 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd boosted its holdings in Barclays by 6.9% in the third quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 17,565 shares of the financial services provider’s stock worth $213,000 after purchasing an additional 1,137 shares in the last quarter. Finally, AMG National Trust Bank increased its position in Barclays by 0.4% during the second quarter. AMG National Trust Bank now owns 333,744 shares of the financial services provider’s stock worth $3,574,000 after buying an additional 1,343 shares during the last quarter. 3.39% of the stock is currently owned by institutional investors and hedge funds.

Barclays Price Performance

NYSE BCS opened at $13.14 on Wednesday. The stock has a market capitalization of $47.58 billion, a PE ratio of 8.94 and a beta of 1.41. The stock has a 50-day simple moving average of $12.62 and a 200 day simple moving average of $11.80. The company has a debt-to-equity ratio of 5.67, a quick ratio of 1.35 and a current ratio of 1.35. Barclays PLC has a twelve month low of $7.02 and a twelve month high of $13.57.

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

Analyst Ratings Changes

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

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.