Barclays PLC (NYSE:BCS) Position Increased by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC lifted its holdings in Barclays PLC (NYSE:BCS) by 22.9% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 12,741 shares of the financial services provider’s stock after acquiring an additional 2,373 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in Barclays were worth $155,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Rothschild Investment LLC purchased a new position in Barclays during the 2nd quarter valued at about $30,000. EverSource Wealth Advisors LLC lifted its position 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 worth $37,000 after buying an additional 1,524 shares in the last quarter. Symphony Financial Ltd. Co. purchased a new position in shares of Barclays during the 3rd quarter valued at $42,000. EntryPoint Capital LLC purchased a new stake in shares of Barclays during the first quarter worth $48,000. Finally, Hexagon Capital Partners LLC boosted its position in Barclays by 32.4% during the third quarter. Hexagon Capital Partners LLC now owns 4,624 shares of the financial services provider’s stock valued at $56,000 after purchasing an additional 1,132 shares during the last quarter. Hedge funds and other institutional investors own 3.39% of the company’s stock.

Barclays Stock Up 1.9 %

Barclays stock opened at $13.20 on Friday. The company has a debt-to-equity ratio of 5.67, a current ratio of 1.35 and a quick ratio of 1.35. Barclays PLC has a fifty-two week low of $6.91 and a fifty-two week high of $13.57. The firm has a fifty day moving average price of $12.38 and a two-hundred day moving average price of $11.63. The firm has a market cap of $48.05 billion, a price-to-earnings ratio of 8.95 and a beta of 1.41.

Barclays (NYSE:BCS) last announced its earnings results on Thursday, October 24th. The financial services provider reported $0.56 earnings per share for the quarter. Barclays had a return on equity of 6.30% and a net margin of 17.83%. The firm had revenue of $8.52 billion during the quarter. During the same quarter in the previous year, the company earned $0.42 EPS. As a group, analysts forecast that Barclays PLC will post 1.71 earnings per share for the current year.

Analyst Ratings Changes

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

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.