Capstone Investment Advisors LLC Purchases Shares of 10,956 Barclays PLC (NYSE:BCS)

Capstone Investment Advisors LLC bought a new position in Barclays PLC (NYSE:BCS) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 10,956 shares of the financial services provider’s stock, valued at approximately $133,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BCS. Rothschild Investment LLC purchased a new position in shares of Barclays in the 2nd quarter worth about $30,000. EverSource Wealth Advisors LLC raised its holdings in Barclays by 71.8% in the first quarter. EverSource Wealth Advisors LLC now owns 3,647 shares of the financial services provider’s stock valued at $37,000 after buying an additional 1,524 shares during the period. Symphony Financial Ltd. Co. acquired a new position in Barclays during the third quarter valued at approximately $42,000. Hexagon Capital Partners LLC lifted its position in Barclays by 32.4% during the third quarter. Hexagon Capital Partners LLC now owns 4,624 shares of the financial services provider’s stock valued at $56,000 after buying an additional 1,132 shares in the last quarter. Finally, Blue Trust Inc. grew its stake in Barclays by 452.5% during the second quarter. Blue Trust Inc. now owns 6,304 shares of the financial services provider’s stock worth $68,000 after buying an additional 5,163 shares during the period. Institutional investors and hedge funds own 3.39% of the company’s stock.

Barclays Trading Up 1.9 %

NYSE BCS opened at $13.48 on Monday. The stock has a market cap of $48.82 billion, a P/E ratio of 9.17 and a beta of 1.41. The company’s fifty day simple moving average is $12.69 and its 200-day simple moving average is $11.85. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 5.67. Barclays PLC has a 52 week low of $7.02 and a 52 week high of $13.57.

Barclays (NYSE:BCS) last issued its quarterly earnings data on Thursday, October 24th. The financial services provider reported $0.56 EPS for the quarter. The firm had revenue of $8.52 billion for the quarter. Barclays had a net margin of 17.83% and a return on equity of 6.30%. During the same quarter in the prior year, the firm earned $0.42 EPS. Equities research analysts predict that Barclays PLC will post 1.71 EPS for the current fiscal year.

Wall Street Analyst Weigh In

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

About Barclays

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.