Raymond James Trust N.A. Takes $189,000 Position in Barclays PLC (NYSE:BCS)

Raymond James Trust N.A. acquired a new position in Barclays PLC (NYSE:BCS) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 15,527 shares of the financial services provider’s stock, valued at approximately $189,000.

A number of other hedge funds also recently bought and sold shares of BCS. Acadian Asset Management LLC grew its position in shares of 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 worth $210,762,000 after buying an additional 18,335,937 shares during the last quarter. Raymond James & Associates boosted its stake in Barclays by 11.9% in 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 acquiring an additional 426,815 shares in the last quarter. Renaissance Technologies LLC grew its holdings in Barclays by 190.9% in the second quarter. Renaissance Technologies LLC now owns 3,661,086 shares of the financial services provider’s stock worth $39,210,000 after purchasing an additional 2,402,500 shares during the last quarter. Natixis Advisors LLC increased its position in shares of Barclays by 286.1% during the third quarter. Natixis Advisors LLC now owns 3,565,033 shares of the financial services provider’s stock worth $43,315,000 after purchasing an additional 2,641,608 shares in the last quarter. Finally, Sei Investments Co. lifted its holdings in shares of Barclays by 118.7% during 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 purchasing an additional 1,470,523 shares during the last quarter. Hedge funds and other institutional investors own 3.39% of the company’s stock.

Barclays Stock Performance

Shares of BCS opened at $13.23 on Friday. The company has a debt-to-equity ratio of 5.67, a quick ratio of 1.35 and a current ratio of 1.35. The stock has a 50-day moving average of $12.67 and a two-hundred day moving average of $11.82. The stock has a market cap of $47.91 billion, a P/E ratio of 9.00 and a beta of 1.41. Barclays PLC has a one year low of $7.02 and a one year high of $13.57.

Barclays (NYSE:BCS) last issued its earnings results on Thursday, October 24th. The financial services provider reported $0.56 EPS for the quarter. Barclays had a return on equity of 6.30% and a net margin of 17.83%. The firm had revenue of $8.52 billion for the quarter. During the same quarter in the prior year, the company earned $0.42 EPS. As a group, research analysts predict that Barclays PLC will post 1.71 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on BCS shares. StockNews.com downgraded Barclays from a “strong-buy” rating to a “buy” rating in a research note on Friday, November 22nd. Kepler Capital Markets began coverage on shares of Barclays in a report on Thursday, September 5th. They set a “buy” rating on the stock. Finally, The Goldman Sachs Group began coverage on shares of Barclays in a research note on Tuesday, October 8th. They issued a “buy” rating for the company.

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.