Ballentine Partners LLC Has $410,000 Stake in Barclays PLC (NYSE:BCS)

Ballentine Partners LLC increased its position in shares of Barclays PLC (NYSE:BCS) by 11.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 30,879 shares of the financial services provider’s stock after purchasing an additional 3,136 shares during the quarter. Ballentine Partners LLC’s holdings in Barclays were worth $410,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in BCS. Profund Advisors LLC lifted its holdings in shares of Barclays by 3.0% during the second quarter. Profund Advisors LLC now owns 53,500 shares of the financial services provider’s stock worth $573,000 after buying an additional 1,553 shares in the last quarter. Bank of Montreal Can raised its stake in Barclays by 16.3% in the 2nd quarter. Bank of Montreal Can now owns 514,518 shares of the financial services provider’s stock worth $5,510,000 after purchasing an additional 72,110 shares in the last quarter. Squarepoint Ops LLC boosted its holdings in Barclays by 636.0% in the 2nd quarter. Squarepoint Ops LLC now owns 85,310 shares of the financial services provider’s stock valued at $914,000 after purchasing an additional 73,719 shares during the period. AQR Capital Management LLC increased its holdings in shares of Barclays by 74.2% during the second quarter. AQR Capital Management LLC now owns 178,988 shares of the financial services provider’s stock worth $1,917,000 after purchasing an additional 76,247 shares during the period. Finally, Duquesne Family Office LLC raised its position in shares of Barclays by 97.4% in the second quarter. Duquesne Family Office LLC now owns 2,075,455 shares of the financial services provider’s stock valued at $22,228,000 after buying an additional 1,024,100 shares in the last quarter. 3.39% of the stock is currently owned by institutional investors.

Barclays Stock Performance

NYSE BCS opened at $14.74 on Friday. The firm’s 50 day simple moving average is $13.40 and its 200 day simple moving average is $12.52. The firm has a market capitalization of $53.16 billion, a price-to-earnings ratio of 10.02, a P/E/G ratio of 0.45 and a beta of 1.41. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 5.67. Barclays PLC has a 1 year low of $7.07 and a 1 year high of $14.92.

Barclays (NYSE:BCS) last issued its quarterly earnings results on Thursday, October 24th. The financial services provider reported $0.56 earnings per share (EPS) for the quarter. Barclays had a return on equity of 6.30% and a net margin of 17.83%. The company had revenue of $8.52 billion for the quarter. During the same quarter in the previous year, the business posted $0.42 EPS. As a group, research analysts expect that Barclays PLC will post 1.53 earnings per share for the current fiscal year.

Analysts Set New Price Targets

BCS has been the topic of a number of analyst reports. The Goldman Sachs Group assumed coverage on Barclays in a research report on Tuesday, October 8th. They set a “buy” rating on the stock. StockNews.com lowered Barclays from a “strong-buy” rating to a “buy” rating in a report on Thursday, January 16th.

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.