XTX Topco Ltd Trims Stock Holdings in Barclays PLC (NYSE:BCS)

XTX Topco Ltd lowered its stake in shares of Barclays PLC (NYSE:BCS) by 25.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 119,535 shares of the financial services provider’s stock after selling 40,499 shares during the period. XTX Topco Ltd’s holdings in Barclays were worth $1,452,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Diversified Trust Co bought a new position in Barclays in the 2nd quarter worth about $559,000. Massachusetts Financial Services Co. MA bought a new position in shares of Barclays in the third quarter valued at approximately $3,647,000. Raymond James & Associates grew its stake in Barclays by 11.9% during the third quarter. Raymond James & Associates now owns 4,007,379 shares of the financial services provider’s stock valued at $48,690,000 after acquiring an additional 426,815 shares in the last quarter. SG Americas Securities LLC bought a new stake in Barclays during the 2nd quarter worth approximately $235,000. Finally, Cerity Partners LLC lifted its stake in Barclays by 101.3% in the 3rd quarter. Cerity Partners LLC now owns 174,418 shares of the financial services provider’s stock worth $2,119,000 after purchasing an additional 87,784 shares in the last quarter. 3.39% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

BCS has been the topic of several research analyst reports. The Goldman Sachs Group assumed coverage on shares of Barclays in a report on Tuesday, October 8th. They issued a “buy” rating on the stock. Kepler Capital Markets began coverage on Barclays in a report on Thursday, September 5th. They issued a “buy” rating on the stock. Finally, StockNews.com lowered Barclays from a “strong-buy” rating to a “buy” rating in a report on Friday, November 22nd.

Barclays Stock Performance

NYSE BCS opened at $13.54 on Monday. Barclays PLC has a 52-week low of $7.06 and a 52-week high of $13.70. The company has a fifty day moving average of $12.82 and a 200-day moving average of $11.94. The company has a market capitalization of $48.85 billion, a P/E ratio of 9.21 and a beta of 1.41. The company has a debt-to-equity ratio of 5.67, a quick ratio of 1.35 and a current ratio of 1.35.

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