Blue Trust Inc. Buys 23,731 Shares of Barclays PLC (NYSE:BCS)

Blue Trust Inc. grew its position in Barclays PLC (NYSE:BCS) by 75.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 55,156 shares of the financial services provider’s stock after purchasing an additional 23,731 shares during the quarter. Blue Trust Inc.’s holdings in Barclays were worth $670,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of BCS. Squarepoint Ops LLC raised its holdings in Barclays by 636.0% in the 2nd quarter. Squarepoint Ops LLC now owns 85,310 shares of the financial services provider’s stock worth $914,000 after acquiring an additional 73,719 shares during the period. AQR Capital Management LLC increased its stake in shares of Barclays by 74.2% in the second quarter. AQR Capital Management LLC now owns 178,988 shares of the financial services provider’s stock worth $1,917,000 after purchasing an additional 76,247 shares during the period. Creative Planning lifted its position in shares of Barclays by 13.0% during the 2nd quarter. Creative Planning now owns 277,928 shares of the financial services provider’s stock worth $2,977,000 after purchasing an additional 31,987 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in Barclays during the 2nd quarter valued at approximately $1,090,000. Finally, GAMMA Investing LLC increased its position in Barclays by 42.6% in 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 during the period. 3.39% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. The Goldman Sachs Group assumed coverage on shares of Barclays in a research note on Tuesday, October 8th. They issued a “buy” rating on the stock. StockNews.com lowered shares of Barclays from a “strong-buy” rating to a “buy” rating in a research report on Thursday, January 16th.

Barclays Stock Performance

BCS opened at $14.79 on Friday. The stock’s 50 day simple moving average is $13.55 and its 200-day simple moving average is $12.63. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 5.67. The stock has a market cap of $53.35 billion, a PE ratio of 10.06, a P/E/G ratio of 0.44 and a beta of 1.41. Barclays PLC has a 1 year low of $7.07 and a 1 year high of $14.92.

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.