Pathstone Holdings LLC Sells 23,628 Shares of Barclays PLC (NYSE:BCS)

Pathstone Holdings LLC lessened its stake in shares of Barclays PLC (NYSE:BCS) by 1.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,295,766 shares of the financial services provider’s stock after selling 23,628 shares during the period. Pathstone Holdings LLC’s holdings in Barclays were worth $15,744,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Acadian Asset Management LLC grew its position in Barclays by 1,362.1% in the 2nd quarter. Acadian Asset Management LLC now owns 19,682,115 shares of the financial services provider’s stock valued at $210,762,000 after acquiring an additional 18,335,937 shares during the last quarter. Raymond James & Associates boosted its stake in shares of Barclays by 11.9% during the third quarter. Raymond James & Associates now owns 4,007,379 shares of the financial services provider’s stock valued at $48,690,000 after purchasing an additional 426,815 shares during the period. Renaissance Technologies LLC increased its stake in Barclays by 190.9% in the 2nd quarter. Renaissance Technologies LLC now owns 3,661,086 shares of the financial services provider’s stock worth $39,210,000 after buying an additional 2,402,500 shares during the period. Natixis Advisors LLC lifted its holdings in Barclays by 286.1% during the 3rd quarter. Natixis Advisors LLC now owns 3,565,033 shares of the financial services provider’s stock valued at $43,315,000 after buying an additional 2,641,608 shares in the last quarter. Finally, Sei Investments Co. boosted its position in Barclays by 118.7% in the 2nd quarter. Sei Investments Co. now owns 2,709,312 shares of the financial services provider’s stock valued at $29,017,000 after buying an additional 1,470,523 shares during the period. 3.39% of the stock is currently owned by institutional investors.

Barclays Trading Down 1.4 %

NYSE BCS opened at $13.08 on Wednesday. Barclays PLC has a 12-month low of $7.02 and a 12-month high of $13.57. The company has a fifty day simple moving average of $12.47 and a two-hundred day simple moving average of $11.71. 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 $47.35 billion, a P/E ratio of 8.89 and a beta of 1.41.

Barclays (NYSE:BCS) last issued its earnings results 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 return on equity of 6.30% and a net margin of 17.83%. During the same quarter in the prior year, the company earned $0.42 EPS. On average, analysts forecast that Barclays PLC will post 1.71 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on BCS. Kepler Capital Markets began coverage on Barclays in a research report on Thursday, September 5th. They set a “buy” rating for the company. StockNews.com raised shares of Barclays from a “buy” rating to a “strong-buy” rating in a research note on Thursday, November 14th. Finally, The Goldman Sachs Group assumed coverage on shares of Barclays in a research report on Tuesday, October 8th. They set a “buy” rating on the stock.

Barclays 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.