OVERSEA CHINESE BANKING Corp Ltd Has $213,000 Stock Holdings in Barclays PLC (NYSE:BCS)

OVERSEA CHINESE BANKING Corp Ltd lifted its position in shares of Barclays PLC (NYSE:BCS) by 6.9% in the third quarter, Holdings Channel reports. The institutional investor owned 17,565 shares of the financial services provider’s stock after acquiring an additional 1,137 shares during the period. OVERSEA CHINESE BANKING Corp Ltd’s holdings in Barclays were worth $213,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Rothschild Investment LLC bought a new stake in Barclays in the 2nd quarter valued at about $30,000. Symphony Financial Ltd. Co. bought a new stake in shares of Barclays in the third quarter valued at approximately $42,000. EverSource Wealth Advisors LLC raised its holdings in Barclays by 71.8% in the 1st quarter. EverSource Wealth Advisors LLC now owns 3,647 shares of the financial services provider’s stock valued at $37,000 after acquiring an additional 1,524 shares in the last quarter. Hexagon Capital Partners LLC lifted its position in shares of Barclays by 32.4% during the 3rd quarter. Hexagon Capital Partners LLC now owns 4,624 shares of the financial services provider’s stock valued at $56,000 after acquiring an additional 1,132 shares during the period. Finally, EntryPoint Capital LLC acquired a new stake in shares of Barclays during the 1st quarter worth $48,000. Institutional investors own 3.39% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on BCS. The Goldman Sachs Group began coverage on Barclays in a research note on Tuesday, October 8th. They issued a “buy” rating for the company. Kepler Capital Markets initiated coverage on shares of Barclays in a report on Thursday, September 5th. They set a “buy” rating for the company. Finally, StockNews.com raised shares of Barclays from a “buy” rating to a “strong-buy” rating in a research note on Thursday.

Barclays Price Performance

Shares of BCS stock opened at $12.96 on Friday. The business has a fifty day simple moving average of $12.36 and a 200 day simple moving average of $11.62. The company has a market cap of $47.18 billion, a P/E ratio of 8.84 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. Barclays PLC has a twelve month low of $6.91 and a twelve month high of $13.57.

Barclays (NYSE:BCS) last posted its earnings results on Thursday, October 24th. The financial services provider reported $0.56 EPS for the quarter. The firm had revenue of $8.52 billion during the quarter. Barclays had a net margin of 17.83% and a return on equity of 6.30%. During the same period last year, the company posted $0.42 EPS. On average, sell-side analysts forecast that Barclays PLC will post 1.71 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.