Barclays PLC (NYSE:BCS) Shares Bought by Sage Rhino Capital LLC

Sage Rhino Capital LLC increased its holdings in Barclays PLC (NYSE:BCS) by 40.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,057 shares of the financial services provider’s stock after buying an additional 4,599 shares during the quarter. Sage Rhino Capital LLC’s holdings in Barclays were worth $91,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of BCS. Oppenheimer Asset Management Inc. grew its holdings in Barclays by 1.9% in the first quarter. Oppenheimer Asset Management Inc. now owns 376,175 shares of the financial services provider’s stock valued at $1,704,000 after purchasing an additional 7,165 shares during the last quarter. International Assets Investment Management LLC increased its position in shares of Barclays by 19.3% during the 2nd quarter. International Assets Investment Management LLC now owns 25,490 shares of the financial services provider’s stock valued at $144,000 after purchasing an additional 4,125 shares during the period. Cambridge Investment Research Advisors Inc. increased its position in shares of Barclays by 24.9% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 13,076 shares of the financial services provider’s stock valued at $59,000 after purchasing an additional 2,607 shares during the period. Capital International Investors acquired a new position in shares of Barclays in the 1st quarter worth $312,000. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in shares of Barclays by 46.7% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 22,999 shares of the financial services provider’s stock worth $104,000 after acquiring an additional 7,321 shares during the last quarter. Institutional investors own 1.87% of the company’s stock.

Shares of BCS stock traded down $0.04 during trading hours on Friday, reaching $5.24. The company had a trading volume of 5,216,450 shares, compared to its average volume of 3,319,088. The business has a fifty day moving average price of $5.78 and a 200-day moving average price of $6.27. Barclays PLC has a one year low of $3.41 and a one year high of $10.22. The firm has a market cap of $22.71 billion, a PE ratio of 16.38, a price-to-earnings-growth ratio of 0.69 and a beta of 1.41. The company has a debt-to-equity ratio of 4.97, a quick ratio of 1.43 and a current ratio of 1.52.

Barclays (NYSE:BCS) last announced its earnings results on Wednesday, July 29th. The financial services provider reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.05). The business had revenue of $6.62 billion for the quarter, compared to the consensus estimate of $6.95 billion. Barclays had a net margin of 4.95% and a return on equity of 4.04%. Equities research analysts forecast that Barclays PLC will post 0.42 EPS for the current year.

A number of brokerages recently issued reports on BCS. Investec upgraded Barclays from a “hold” rating to a “buy” rating in a report on Friday, July 10th. Exane BNP Paribas downgraded Barclays from an “outperform” rating to a “neutral” rating in a report on Thursday, May 21st. UBS Group reissued a “buy” rating on shares of Barclays in a research report on Monday, May 4th. BNP Paribas cut Barclays from an “outperform” rating to a “neutral” rating in a research report on Thursday, May 21st. Finally, Morgan Stanley reissued a “neutral” rating on shares of Barclays in a research report on Wednesday, May 27th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the stock. Barclays presently has a consensus rating of “Hold” and a consensus price target of $8.00.

About Barclays

Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, other European countries, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International divisions. It offers personal and business banking services; credit and debit cards; international banking; and private banking services, which include investment, wealth planning, and credit and specialist solutions to high net worth and ultra-high net worth clients, and family offices.

Read More: Gross Domestic Product (GDP)

Institutional Ownership by Quarter for Barclays (NYSE:BCS)

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