Aprio Wealth Management LLC Takes Position in Barclays PLC (NYSE:BCS)

Aprio Wealth Management LLC bought a new stake in Barclays PLC (NYSE:BCS) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 10,196 shares of the financial services provider’s stock, valued at approximately $96,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Seven Eight Capital LP lifted its position in shares of Barclays by 82.2% in the third quarter. Seven Eight Capital LP now owns 18,361 shares of the financial services provider’s stock valued at $143,000 after acquiring an additional 8,281 shares in the last quarter. OneAscent Financial Services LLC purchased a new position in Barclays during the fourth quarter worth approximately $105,000. Prime Capital Investment Advisors LLC purchased a new position in Barclays during the fourth quarter worth approximately $81,000. Morningstar Investment Services LLC lifted its position in Barclays by 103.1% during the fourth quarter. Morningstar Investment Services LLC now owns 188,096 shares of the financial services provider’s stock worth $1,484,000 after buying an additional 95,474 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its position in Barclays by 335.5% during the fourth quarter. BNP Paribas Financial Markets now owns 361,319 shares of the financial services provider’s stock worth $2,847,000 after buying an additional 278,353 shares in the last quarter. Hedge funds and other institutional investors own 3.39% of the company’s stock.

Barclays Stock Down 2.6 %

Shares of NYSE BCS opened at $10.44 on Friday. The company has a market capitalization of $39.39 billion, a price-to-earnings ratio of 7.79, a price-to-earnings-growth ratio of 0.39 and a beta of 1.42. The company has a debt-to-equity ratio of 6.15, a current ratio of 1.39 and a quick ratio of 1.39. The business has a 50-day moving average of $10.56 and a two-hundred day moving average of $9.04. Barclays PLC has a 1 year low of $6.23 and a 1 year high of $11.42.

Barclays (NYSE:BCS) last posted its earnings results on Thursday, April 25th. The financial services provider reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.07. Barclays had a return on equity of 6.13% and a net margin of 17.21%. The business had revenue of $8.82 billion during the quarter. On average, analysts forecast that Barclays PLC will post 1.6 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have issued reports on BCS. Deutsche Bank Aktiengesellschaft initiated coverage on Barclays in a research note on Thursday, May 9th. They set a “buy” rating for the company. StockNews.com raised Barclays from a “hold” rating to a “buy” rating in a report on Monday, May 13th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Barclays has a consensus rating of “Hold” and a consensus price target of $190.00.

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.