Massachusetts Financial Services Co. MA boosted its position in Barclays PLC (NYSE:BCS) by 14.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 150,574 shares of the financial services provider’s stock after buying an additional 19,422 shares during the quarter. Massachusetts Financial Services Co. MA’s holdings in Barclays were worth $1,173,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also made changes to their positions in BCS. J.P. Morgan Private Wealth Advisors LLC grew its position in shares of Barclays by 9.0% during the 3rd quarter. J.P. Morgan Private Wealth Advisors LLC now owns 212,289 shares of the financial services provider’s stock valued at $1,654,000 after buying an additional 17,556 shares during the last quarter. Oppenheimer Asset Management Inc. raised its position in shares of Barclays by 4.5% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 323,854 shares of the financial services provider’s stock worth $2,523,000 after purchasing an additional 14,064 shares during the period. Quantbot Technologies LP boosted its position in Barclays by 111.9% during the 3rd quarter. Quantbot Technologies LP now owns 79,614 shares of the financial services provider’s stock valued at $620,000 after purchasing an additional 42,043 shares during the period. Cookson Peirce & Co. Inc. grew its stake in Barclays by 6.7% during the 3rd quarter. Cookson Peirce & Co. Inc. now owns 58,866 shares of the financial services provider’s stock worth $459,000 after buying an additional 3,675 shares during the last quarter. Finally, NBC Securities Inc. acquired a new stake in Barclays in the third quarter worth $187,000. 3.39% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Separately, Bank of America downgraded shares of Barclays from a “neutral” rating to an “underperform” rating in a report on Thursday, October 26th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company. According to MarketBeat, Barclays has a consensus rating of “Hold” and a consensus target price of $190.00.
Barclays Stock Performance
Shares of NYSE BCS opened at $7.33 on Tuesday. Barclays PLC has a 12-month low of $6.23 and a 12-month high of $9.29. The company has a market cap of $27.75 billion, a PE ratio of 4.28, a P/E/G ratio of 2.19 and a beta of 1.45. The stock has a 50 day simple moving average of $7.59 and a 200-day simple moving average of $7.43. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 6.39.
Barclays PLC provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through two segments, 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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