Barclays PLC $BCS Shares Sold by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio reduced its position in shares of Barclays PLC (NYSE:BCS) by 30.9% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 368,120 shares of the financial services provider’s stock after selling 164,461 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Barclays were worth $7,789,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. Fisher Asset Management LLC lifted its holdings in Barclays by 4.3% in the 4th quarter. Fisher Asset Management LLC now owns 89,750,069 shares of the financial services provider’s stock valued at $2,284,139,000 after acquiring an additional 3,722,757 shares during the last quarter. Norges Bank bought a new stake in shares of Barclays in the 4th quarter worth approximately $141,248,000. Ameriprise Financial Inc. lifted its stake in Barclays by 793.5% during the third quarter. Ameriprise Financial Inc. now owns 4,777,017 shares of the financial services provider’s stock valued at $99,073,000 after purchasing an additional 4,242,360 shares during the last quarter. Sei Investments Co. boosted its holdings in Barclays by 4.5% during the third quarter. Sei Investments Co. now owns 3,855,037 shares of the financial services provider’s stock worth $79,684,000 after buying an additional 167,439 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its position in Barclays by 7,013.1% in the second quarter. BNP Paribas Financial Markets now owns 1,671,369 shares of the financial services provider’s stock worth $31,071,000 after buying an additional 1,647,872 shares during the last quarter. Institutional investors own 3.39% of the company’s stock.

Barclays Price Performance

Shares of NYSE:BCS opened at $28.55 on Tuesday. The company’s fifty day moving average is $26.17 and its two-hundred day moving average is $24.71. The company has a market cap of $97.30 billion, a P/E ratio of 11.89, a price-to-earnings-growth ratio of 0.47 and a beta of 1.00. Barclays PLC has a 12-month low of $18.79 and a 12-month high of $28.67. 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 (NYSE:BCS) last issued its earnings results on Monday, July 27th. The financial services provider reported $0.83 EPS for the quarter, topping the consensus estimate of $0.78 by $0.05. The business had revenue of $312.66 million during the quarter, compared to analysts’ expectations of $10.78 billion. Barclays had a return on equity of 8.12% and a net margin of 21.10%. Equities analysts expect that Barclays PLC will post 2.86 earnings per share for the current fiscal year.

Analysts Set New Price Targets

BCS has been the topic of several research reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Barclays in a report on Friday, July 17th. Piper Sandler upgraded Barclays from an “overweight” rating to a “buy” rating in a report on Friday, June 12th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Barclays in a research report on Wednesday, April 29th. Morgan Stanley reaffirmed an “overweight” rating on shares of Barclays in a report on Thursday, July 2nd. Finally, Berenberg Bank started coverage on Barclays in a research report on Wednesday, June 24th. They issued a “buy” rating for the company. Five research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Barclays 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.