Fisher Asset Management LLC Grows Stock Holdings in Barclays PLC $BCS

Fisher Asset Management LLC grew its holdings in shares of Barclays PLC (NYSE:BCS) by 4.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 89,750,069 shares of the financial services provider’s stock after acquiring an additional 3,722,757 shares during the period. Fisher Asset Management LLC’s holdings in Barclays were worth $2,284,139,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Oppenheimer & Co. Inc. lifted its holdings in shares of Barclays by 1.1% during the third quarter. Oppenheimer & Co. Inc. now owns 42,600 shares of the financial services provider’s stock valued at $881,000 after purchasing an additional 482 shares during the last quarter. Diversified Trust Co. lifted its holdings in shares of Barclays by 0.4% during the fourth quarter. Diversified Trust Co. now owns 122,957 shares of the financial services provider’s stock valued at $3,129,000 after purchasing an additional 507 shares during the last quarter. Parallel Advisors LLC lifted its holdings in shares of Barclays by 3.0% during the third quarter. Parallel Advisors LLC now owns 19,183 shares of the financial services provider’s stock valued at $397,000 after purchasing an additional 563 shares during the last quarter. Aprio Wealth Management LLC lifted its holdings in shares of Barclays by 2.9% during the fourth quarter. Aprio Wealth Management LLC now owns 20,605 shares of the financial services provider’s stock valued at $524,000 after purchasing an additional 586 shares during the last quarter. Finally, Quadrant Capital Group LLC lifted its holdings in shares of Barclays by 0.4% during the third quarter. Quadrant Capital Group LLC now owns 152,351 shares of the financial services provider’s stock valued at $3,149,000 after purchasing an additional 633 shares during the last quarter. 3.39% of the stock is currently owned by hedge funds and other institutional investors.

Barclays Price Performance

Shares of NYSE BCS opened at $23.84 on Monday. Barclays PLC has a twelve month low of $17.22 and a twelve month high of $27.70. The firm has a market cap of $81.24 billion, a P/E ratio of 9.93, a PEG ratio of 0.44 and a beta of 1.01. The company has a 50 day moving average of $22.47 and a 200 day moving average of $23.74. 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 announced its quarterly earnings data on Monday, April 27th. The financial services provider reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.01. Barclays had a net margin of 21.10% and a return on equity of 8.12%. The company had revenue of $5.07 billion during the quarter, compared to analyst estimates of $10.88 billion. As a group, research analysts expect that Barclays PLC will post 2.75 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on BCS shares. Royal Bank Of Canada reiterated an “outperform” rating on shares of Barclays in a report on Wednesday, April 29th. Citigroup restated a “neutral” rating on shares of Barclays in a report on Thursday, April 23rd. BNP Paribas Exane lowered shares of Barclays from an “outperform” rating to a “neutral” rating in a report on Tuesday, April 14th. Zacks Research lowered shares of Barclays from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 19th. Finally, Morgan Stanley restated an “overweight” rating on shares of Barclays in a report on Wednesday, February 11th. Three analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

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.