O Shaughnessy Asset Management LLC Grows Position in Barclays PLC $BCS

O Shaughnessy Asset Management LLC increased its position in shares of Barclays PLC (NYSE:BCS) by 4.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,037,171 shares of the financial services provider’s stock after purchasing an additional 45,737 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Barclays were worth $26,396,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BCS. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Barclays during the 4th quarter valued at about $39,000. Johnson Financial Group Inc. bought a new stake in Barclays during the 3rd quarter valued at about $44,000. Elyxium Wealth LLC bought a new stake in Barclays during the 4th quarter valued at about $80,000. Rothschild Investment LLC lifted its holdings in Barclays by 130.9% during the 3rd quarter. Rothschild Investment LLC now owns 4,232 shares of the financial services provider’s stock valued at $87,000 after buying an additional 2,399 shares in the last quarter. Finally, Root Financial Partners LLC lifted its holdings in Barclays by 13.6% during the 4th quarter. Root Financial Partners LLC now owns 4,315 shares of the financial services provider’s stock valued at $110,000 after buying an additional 517 shares in the last quarter. Institutional investors own 3.39% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. BNP Paribas Exane lowered shares of Barclays from an “outperform” rating to a “neutral” rating in a report on Tuesday, April 14th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Barclays in a research report on Wednesday, April 29th. Morgan Stanley reiterated an “overweight” rating on shares of Barclays in a research note on Wednesday, February 11th. Erste Group Bank reiterated a “hold” rating on shares of Barclays in a research note on Thursday, March 5th. Finally, Citigroup reiterated a “neutral” rating on shares of Barclays in a research note on Thursday, April 23rd. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

Barclays Stock Down 0.1%

NYSE:BCS opened at $24.25 on Tuesday. The firm has a market capitalization of $82.67 billion, a P/E ratio of 10.11, a PEG ratio of 0.45 and a beta of 1.01. Barclays PLC has a 1-year low of $17.22 and a 1-year high of $27.70. The company’s fifty day moving average price is $23.30 and its 200-day moving average price is $23.96. The company has a debt-to-equity ratio of 5.94, a current ratio of 1.44 and a quick ratio of 1.44.

Barclays (NYSE:BCS) last released its quarterly earnings data on Monday, April 27th. The financial services provider reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.01. The firm had revenue of $5.07 billion for the quarter, compared to analyst estimates of $10.88 billion. Barclays had a net margin of 21.10% and a return on equity of 8.12%. As a group, equities research analysts anticipate that Barclays PLC will post 2.75 EPS for the current year.

Barclays Company Profile

Barclays PLC (NYSE: BCS) is a British multinational bank and financial services company headquartered in London. The firm provides a broad range of banking and financial products to individual, corporate and institutional customers. Its core activities span retail and business banking, credit cards and payments, corporate and investment banking, and wealth and investment management.

In retail and business banking, Barclays offers deposit accounts, mortgages, personal and business loans, and card services.