Clarius Group LLC Sells 2,095 Shares of Barclays PLC (NYSE:BCS)

Clarius Group LLC cut its stake in Barclays PLC (NYSE:BCS) by 10.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,881 shares of the financial services provider’s stock after selling 2,095 shares during the quarter. Clarius Group LLC’s holdings in Barclays were worth $251,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in BCS. Public Employees Retirement System of Ohio bought a new position in shares of Barclays during the 3rd quarter valued at $52,335,000. Natixis Advisors LLC lifted its holdings in Barclays by 286.1% in the third quarter. Natixis Advisors LLC now owns 3,565,033 shares of the financial services provider’s stock valued at $43,315,000 after acquiring an additional 2,641,608 shares during the period. Sei Investments Co. boosted its position in Barclays by 118.7% in the second quarter. Sei Investments Co. now owns 2,709,312 shares of the financial services provider’s stock worth $29,017,000 after purchasing an additional 1,470,523 shares during the last quarter. Duquesne Family Office LLC grew its stake in shares of Barclays by 97.4% during the 2nd quarter. Duquesne Family Office LLC now owns 2,075,455 shares of the financial services provider’s stock valued at $22,228,000 after purchasing an additional 1,024,100 shares during the period. Finally, FMR LLC increased its position in shares of Barclays by 11.6% during the 3rd quarter. FMR LLC now owns 6,432,007 shares of the financial services provider’s stock valued at $78,149,000 after purchasing an additional 667,498 shares during the last quarter. 3.39% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on BCS. The Goldman Sachs Group assumed coverage on shares of Barclays in a report on Tuesday, October 8th. They set a “buy” rating for the company. StockNews.com lowered Barclays from a “strong-buy” rating to a “buy” rating in a research note on Thursday.

Barclays Stock Up 2.0 %

BCS opened at $14.28 on Monday. Barclays PLC has a fifty-two week low of $7.07 and a fifty-two week high of $14.29. The company has a debt-to-equity ratio of 5.67, a quick ratio of 1.35 and a current ratio of 1.35. The stock has a market cap of $51.51 billion, a price-to-earnings ratio of 9.71, a price-to-earnings-growth ratio of 0.38 and a beta of 1.41. The firm’s fifty day moving average is $13.33 and its 200 day moving average is $12.45.

Barclays (NYSE:BCS) last released 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 for 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 firm posted $0.42 EPS. On average, sell-side analysts forecast that Barclays PLC will post 1.54 earnings per share for the current fiscal year.

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.