134,243 Shares in Barclays PLC (NYSE:BCS) Bought by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC purchased a new position in Barclays PLC (NYSE:BCS) during the 3rd quarter, Holdings Channel.com reports. The firm purchased 134,243 shares of the financial services provider’s stock, valued at approximately $859,000.

Several other large investors also recently bought and sold shares of the business. Natixis Advisors L.P. increased its position in Barclays by 231.7% during the second quarter. Natixis Advisors L.P. now owns 4,068,957 shares of the financial services provider’s stock valued at $30,924,000 after acquiring an additional 2,842,349 shares during the last quarter. Renaissance Technologies LLC increased its position in Barclays by 326.2% during the first quarter. Renaissance Technologies LLC now owns 2,405,686 shares of the financial services provider’s stock valued at $19,005,000 after acquiring an additional 1,841,259 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new position in Barclays during the first quarter valued at $13,274,000. Jane Street Group LLC increased its position in Barclays by 611.0% during the second quarter. Jane Street Group LLC now owns 1,678,838 shares of the financial services provider’s stock valued at $12,759,000 after acquiring an additional 1,442,726 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its position in Barclays by 31.3% during the second quarter. Goldman Sachs Group Inc. now owns 5,687,062 shares of the financial services provider’s stock valued at $43,222,000 after acquiring an additional 1,356,948 shares during the last quarter. Institutional investors own 3.32% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on BCS shares. BNP Paribas upgraded shares of Barclays from a “neutral” rating to an “outperform” rating in a report on Wednesday, December 14th. Credit Suisse Group upped their price target on shares of Barclays from GBX 240 ($2.93) to GBX 250 ($3.05) and gave the stock an “outperform” rating in a report on Friday, October 28th. JPMorgan Chase & Co. upgraded shares of Barclays from a “neutral” rating to an “overweight” rating in a report on Tuesday, December 6th. Royal Bank of Canada upped their price target on shares of Barclays from GBX 170 ($2.07) to GBX 180 ($2.20) and gave the stock a “sector perform” rating in a report on Friday, October 28th. Finally, StockNews.com upgraded shares of Barclays from a “hold” rating to a “buy” rating in a report on Wednesday, January 11th. Four investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, Barclays presently has a consensus rating of “Moderate Buy” and an average target price of $225.00.

Barclays Price Performance

NYSE:BCS opened at $8.92 on Friday. Barclays PLC has a 1-year low of $5.89 and a 1-year high of $11.63. The company has a 50-day moving average of $7.97 and a 200 day moving average of $7.61. The firm has a market cap of $37.29 billion, a PE ratio of 5.95 and a beta of 1.31.

Barclays (NYSE:BCSGet Rating) last released its quarterly earnings data on Wednesday, October 26th. The financial services provider reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.34 by $0.10. The company had revenue of $7.01 billion during the quarter, compared to analyst estimates of $6.35 billion. Barclays had a net margin of 20.91% and a return on equity of 6.93%. Sell-side analysts anticipate that Barclays PLC will post 1.74 EPS for the current fiscal year.

Barclays Profile

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Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International divisions. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.

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Institutional Ownership by Quarter for Barclays (NYSE:BCS)

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