Stonehage Fleming Financial Services Holdings Ltd Invests $599,000 in Barclays PLC (NYSE:BCS)

Stonehage Fleming Financial Services Holdings Ltd purchased a new stake in Barclays PLC (NYSE:BCS) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 45,090 shares of the financial services provider’s stock, valued at approximately $599,000.

A number of other institutional investors have also recently added to or reduced their stakes in BCS. Brooklyn Investment Group acquired a new stake in shares of Barclays in the 4th quarter worth $26,000. Versant Capital Management Inc acquired a new position in Barclays in the 4th quarter valued at about $44,000. Symphony Financial Ltd. Co. purchased a new stake in shares of Barclays in the 3rd quarter valued at approximately $42,000. Hexagon Capital Partners LLC increased its holdings 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 worth $56,000 after buying an additional 1,132 shares during the last quarter. Finally, GAMMA Investing LLC raised its position in shares of Barclays by 42.6% during the 3rd quarter. GAMMA Investing LLC now owns 9,280 shares of the financial services provider’s stock valued at $113,000 after buying an additional 2,774 shares during the period. Hedge funds and other institutional investors own 3.39% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on BCS. StockNews.com lowered Barclays from a “strong-buy” rating to a “buy” rating in a research report on Thursday, January 16th. The Goldman Sachs Group started coverage on Barclays in a research report on Tuesday, October 8th. They set a “buy” rating for the company.

Barclays Stock Performance

Shares of BCS stock opened at $14.62 on Monday. 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 firm has a market cap of $52.73 billion, a P/E ratio of 9.94, a P/E/G ratio of 0.44 and a beta of 1.41. The firm’s 50 day moving average price is $13.47 and its 200-day moving average price is $12.57. Barclays PLC has a one year low of $7.07 and a one year high of $14.92.

Barclays (NYSE:BCS) last released its quarterly earnings results on Thursday, October 24th. The financial services provider reported $0.56 EPS for the quarter. The business 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 quarter in the prior year, the business earned $0.42 earnings per share. As a group, equities research analysts predict that Barclays PLC will post 1.53 EPS for the current 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.