Barclays PLC (NYSE:BCS) Short Interest Update

Barclays PLC (NYSE:BCS) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 6,925,077 shares, a growth of 26.6% from the December 31st total of 5,469,177 shares. Based on an average daily volume of 5,288,471 shares, the short-interest ratio is currently 1.3 days. Currently, 0.2% of the company’s shares are sold short. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 5,288,471 shares, the short-interest ratio is currently 1.3 days.

Barclays Stock Up 2.9%

BCS traded up $0.76 during midday trading on Monday, reaching $27.51. 4,582,967 shares of the company were exchanged, compared to its average volume of 4,701,755. The company has a market cap of $95.37 billion, a price-to-earnings ratio of 12.68, a price-to-earnings-growth ratio of 0.41 and a beta of 0.96. Barclays has a one year low of $12.14 and a one year high of $27.54. The company’s fifty day moving average price is $25.06 and its 200 day moving average price is $22.06. The company has a debt-to-equity ratio of 5.94, a quick ratio of 1.41 and a current ratio of 1.41.

Barclays (NYSE:BCS) last released its quarterly earnings results on Tuesday, September 30th. The financial services provider reported $0.45 EPS for the quarter. The business had revenue of $9.21 billion during the quarter. Barclays had a return on equity of 8.19% and a net margin of 21.26%. As a group, analysts expect that Barclays will post 2 EPS for the current year.

Institutional Investors Weigh In On Barclays

Large investors have recently made changes to their positions in the business. Twin Peaks Wealth Advisors LLC bought a new position in Barclays during the second quarter valued at $27,000. Mark Sheptoff Financial Planning LLC bought a new position in shares of Barclays during the 2nd quarter worth $28,000. Mather Group LLC. purchased a new stake in Barclays in the 3rd quarter worth about $30,000. Salomon & Ludwin LLC raised its stake in Barclays by 2,673.6% in the 3rd quarter. Salomon & Ludwin LLC now owns 1,470 shares of the financial services provider’s stock valued at $31,000 after acquiring an additional 1,417 shares during the period. Finally, True Wealth Design LLC purchased a new stake in Barclays during the third quarter valued at about $31,000. 3.39% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have recently commented on BCS shares. Citigroup reaffirmed a “neutral” rating on shares of Barclays in a research report on Thursday, January 22nd. Zacks Research cut shares of Barclays from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 28th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Barclays in a report on Thursday, October 23rd. Morgan Stanley restated an “overweight” rating on shares of Barclays in a research note on Monday, November 24th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Barclays in a report on Tuesday, December 23rd. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Barclays has an average rating of “Moderate Buy”.

Barclays Company Profile

Barclays PLC (NYSE: BCS) is a British multinational bank and financial services company headquartered in London. The firm provides a broad range of banking and financial products to individual, corporate and institutional customers. Its core activities span retail and business banking, credit cards and payments, corporate and investment banking, and wealth and investment management.

In retail and business banking, Barclays offers deposit accounts, mortgages, personal and business loans, and card services.