Kathmere Capital Management LLC Purchases 14,936 Shares of Barclays PLC (NYSE:BCS)

Kathmere Capital Management LLC lifted its position in shares of Barclays PLC (NYSE:BCS) by 88.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 31,912 shares of the financial services provider’s stock after purchasing an additional 14,936 shares during the period. Kathmere Capital Management LLC’s holdings in Barclays were worth $302,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in BCS. Seven Eight Capital LP lifted its holdings in shares of Barclays by 82.2% during the third quarter. Seven Eight Capital LP now owns 18,361 shares of the financial services provider’s stock worth $143,000 after buying an additional 8,281 shares in the last quarter. OneAscent Financial Services LLC acquired a new stake in Barclays in the 4th quarter worth about $105,000. Prime Capital Investment Advisors LLC bought a new stake in Barclays in the 4th quarter valued at about $81,000. Morningstar Investment Services LLC grew its position in shares of Barclays by 103.1% during the 4th quarter. Morningstar Investment Services LLC now owns 188,096 shares of the financial services provider’s stock worth $1,484,000 after purchasing an additional 95,474 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its holdings in shares of 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 purchasing an additional 278,353 shares during the period. 3.39% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Barclays Trading Up 0.3 %

Shares of BCS stock opened at $10.71 on Friday. The company has a debt-to-equity ratio of 6.15, a quick ratio of 1.39 and a current ratio of 1.39. Barclays PLC has a fifty-two week low of $6.23 and a fifty-two week high of $11.42. The company has a market cap of $40.41 billion, a PE ratio of 7.99, a P/E/G ratio of 0.39 and a beta of 1.42. The stock’s fifty day moving average price is $10.71 and its two-hundred day moving average price is $9.15.

Barclays (NYSE:BCS) last issued its earnings results on Thursday, April 25th. The financial services provider reported $0.52 EPS for the quarter, topping 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 firm had revenue of $8.82 billion during the quarter. Equities analysts predict that Barclays PLC will post 1.6 EPS for the current fiscal year.

Barclays Company 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.