Redhawk Wealth Advisors Inc. Acquires 9,743 Shares of Barclays PLC (NYSE:BCS)

Redhawk Wealth Advisors Inc. lifted its holdings in Barclays PLC (NYSE:BCS) by 28.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 44,541 shares of the financial services provider’s stock after purchasing an additional 9,743 shares during the quarter. Redhawk Wealth Advisors Inc.’s holdings in Barclays were worth $592,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Symphony Financial Ltd. Co. bought a new position in shares of Barclays in the third quarter worth about $42,000. Versant Capital Management Inc acquired a new stake in shares of Barclays in the fourth quarter valued at approximately $44,000. Hexagon Capital Partners LLC raised its position in Barclays by 32.4% in the 3rd quarter. Hexagon Capital Partners LLC now owns 4,624 shares of the financial services provider’s stock worth $56,000 after purchasing an additional 1,132 shares during the last quarter. GAMMA Investing LLC lifted its holdings in Barclays by 42.6% during the 3rd quarter. GAMMA Investing LLC now owns 9,280 shares of the financial services provider’s stock worth $113,000 after buying an additional 2,774 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new position in Barclays in the 3rd quarter valued at $120,000. Institutional investors and hedge funds own 3.39% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on BCS. The Goldman Sachs Group started coverage on Barclays in a research report on Tuesday, October 8th. They set a “buy” rating for the company. StockNews.com downgraded shares of Barclays from a “strong-buy” rating to a “buy” rating in a research report on Thursday.

Barclays Price Performance

BCS opened at $14.01 on Friday. The company has a fifty day moving average price of $13.29 and a two-hundred day moving average price of $12.41. The firm has a market capitalization of $50.53 billion, a PE ratio of 9.53, a P/E/G ratio of 0.38 and a beta of 1.41. Barclays PLC has a 52 week low of $7.07 and a 52 week high of $14.07. 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 (NYSE:BCS) last announced its quarterly earnings data on Thursday, October 24th. The financial services provider reported $0.56 EPS for the quarter. Barclays had a return on equity of 6.30% and a net margin of 17.83%. The business had revenue of $8.52 billion during the quarter. During the same period last year, the firm earned $0.42 earnings per share. As a group, analysts anticipate that Barclays PLC will post 1.54 earnings per share for the current year.

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.