Barclays PLC (NYSE:BCS) Stock Holdings Trimmed by JPMorgan Chase & Co.

JPMorgan Chase & Co. decreased its position in Barclays PLC (NYSE:BCS) by 62.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 817,860 shares of the financial services provider’s stock after selling 1,355,139 shares during the quarter. JPMorgan Chase & Co.’s holdings in Barclays were worth $9,937,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Franklin Resources Inc. lifted its holdings in shares of Barclays by 981.7% in the 3rd quarter. Franklin Resources Inc. now owns 277,243 shares of the financial services provider’s stock worth $3,424,000 after purchasing an additional 251,613 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Barclays in the third quarter valued at $120,000. Rehmann Capital Advisory Group boosted its holdings in shares of Barclays by 83.8% during the third quarter. Rehmann Capital Advisory Group now owns 26,243 shares of the financial services provider’s stock valued at $324,000 after acquiring an additional 11,966 shares during the period. Coldstream Capital Management Inc. bought a new position in shares of Barclays during the third quarter worth about $125,000. Finally, MidWestOne Financial Group Inc. increased its holdings in shares of Barclays by 30.2% in the 3rd quarter. MidWestOne Financial Group Inc. now owns 180,215 shares of the financial services provider’s stock worth $2,190,000 after acquiring an additional 41,776 shares during the period. 3.39% of the stock is owned by institutional investors and hedge funds.

Barclays Stock Up 1.1 %

Shares of Barclays stock opened at $12.83 on Tuesday. Barclays PLC has a 12-month low of $7.07 and a 12-month high of $13.83. The firm has a market capitalization of $46.29 billion, a PE ratio of 8.73 and a beta of 1.41. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 5.67. The stock’s fifty day moving average is $13.28 and its 200-day moving average is $12.38.

Barclays (NYSE:BCS) last announced its earnings results on Thursday, October 24th. The financial services provider reported $0.56 earnings per share (EPS) for the quarter. Barclays had a net margin of 17.83% and a return on equity of 6.30%. The company had revenue of $8.52 billion for the quarter. During the same period last year, the firm earned $0.42 earnings per share. Equities analysts anticipate that Barclays PLC will post 1.85 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts recently commented on BCS shares. The Goldman Sachs Group assumed coverage on Barclays in a research report on Tuesday, October 8th. They issued a “buy” rating on the stock. StockNews.com upgraded shares of Barclays from a “buy” rating to a “strong-buy” rating in a research note on Thursday, December 19th.

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.