Bleakley Financial Group LLC Boosts Position in Barclays PLC (NYSE:BCS)

Bleakley Financial Group LLC increased its stake in shares of Barclays PLC (NYSE:BCS) by 29.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,325 shares of the financial services provider’s stock after purchasing an additional 4,165 shares during the period. Bleakley Financial Group LLC’s holdings in Barclays were worth $244,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BCS. Brooklyn Investment Group purchased a new stake in shares of Barclays in the fourth quarter valued at $26,000. Symphony Financial Ltd. Co. acquired a new position in shares of Barclays in the 3rd quarter valued at about $42,000. Versant Capital Management Inc purchased a new position in Barclays in the fourth quarter valued at approximately $44,000. Wilmington Savings Fund Society FSB purchased a new stake in Barclays during the third quarter worth approximately $120,000. Finally, Coldstream Capital Management Inc. purchased a new position in shares of Barclays in the 3rd quarter valued at $125,000. Hedge funds and other institutional investors own 3.39% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered Barclays from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 16th.

Barclays Stock Performance

NYSE:BCS opened at $15.40 on Thursday. Barclays PLC has a 1-year low of $7.07 and a 1-year high of $15.43. The stock has a market cap of $55.56 billion, a P/E ratio of 10.48, a PEG ratio of 0.46 and a beta of 1.41. The company has a debt-to-equity ratio of 5.67, a current ratio of 1.35 and a quick ratio of 1.35. The firm has a 50-day moving average of $13.84 and a two-hundred day moving average of $12.83.

About Barclays

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.