Prospera Financial Services Inc Increases Stake in Barclays PLC $BCS

Prospera Financial Services Inc boosted its stake in Barclays PLC (NYSE:BCS) by 113.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 153,810 shares of the financial services provider’s stock after purchasing an additional 81,623 shares during the period. Prospera Financial Services Inc’s holdings in Barclays were worth $3,914,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the stock. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Barclays during the fourth quarter valued at approximately $39,000. Johnson Financial Group Inc. purchased a new position in shares of Barclays during the third quarter valued at approximately $44,000. Elyxium Wealth LLC purchased a new position in shares of Barclays during the fourth quarter valued at approximately $80,000. Rothschild Investment LLC increased its stake in shares of Barclays by 130.9% during the third quarter. Rothschild Investment LLC now owns 4,232 shares of the financial services provider’s stock valued at $87,000 after buying an additional 2,399 shares during the period. Finally, State of Wyoming purchased a new position in shares of Barclays during the second quarter valued at approximately $118,000. 3.39% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

BCS has been the topic of several research analyst reports. Erste Group Bank reissued a “hold” rating on shares of Barclays in a research note on Thursday, March 5th. Zacks Research cut Barclays from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 19th. Weiss Ratings lowered Barclays from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, April 21st. Morgan Stanley restated an “overweight” rating on shares of Barclays in a research report on Wednesday, February 11th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Barclays in a research report on Wednesday, April 29th. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

Barclays Trading Up 0.0%

NYSE BCS opened at $23.84 on Tuesday. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 5.94. Barclays PLC has a twelve month low of $17.22 and a twelve month high of $27.70. The firm has a market capitalization of $81.24 billion, a PE ratio of 9.93, a P/E/G ratio of 0.44 and a beta of 1.01. The stock’s 50 day moving average is $22.53 and its 200 day moving average is $23.76.

Barclays (NYSE:BCS) last released its earnings results on Monday, April 27th. The financial services provider reported $0.76 EPS for the quarter, topping analysts’ consensus estimates of $0.75 by $0.01. Barclays had a return on equity of 8.12% and a net margin of 21.10%.The firm had revenue of $5.07 billion for the quarter, compared to analysts’ expectations of $10.88 billion. Research analysts forecast that Barclays PLC will post 2.75 earnings per share for the current fiscal year.

About Barclays

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.