Barclays PLC $BCS Shares Sold by Natixis Advisors LLC

Natixis Advisors LLC cut its stake in shares of Barclays PLC (NYSE:BCS) by 12.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 8,666,470 shares of the financial services provider’s stock after selling 1,220,180 shares during the period. Natixis Advisors LLC’s holdings in Barclays were worth $220,562,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Fisher Asset Management LLC lifted its position in Barclays by 4.3% during the 4th quarter. Fisher Asset Management LLC now owns 89,750,069 shares of the financial services provider’s stock worth $2,284,139,000 after acquiring an additional 3,722,757 shares in the last quarter. Norges Bank purchased a new stake in Barclays during the 4th quarter worth approximately $141,248,000. American Century Companies Inc. increased its holdings in Barclays by 39.2% during the 3rd quarter. American Century Companies Inc. now owns 4,841,068 shares of the financial services provider’s stock worth $100,065,000 after purchasing an additional 1,362,247 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in Barclays by 793.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,777,017 shares of the financial services provider’s stock worth $99,073,000 after purchasing an additional 4,242,360 shares during the last quarter. Finally, Sei Investments Co. increased its holdings in Barclays by 4.5% during the 3rd quarter. Sei Investments Co. now owns 3,855,037 shares of the financial services provider’s stock worth $79,684,000 after purchasing an additional 167,439 shares during the last quarter. 3.39% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on BCS. Morgan Stanley reiterated an “overweight” rating on shares of Barclays in a research report on Wednesday, February 11th. BNP Paribas Exane downgraded Barclays from an “outperform” rating to a “neutral” rating in a report on Tuesday, April 14th. Weiss Ratings downgraded Barclays from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, April 21st. Citigroup reissued a “neutral” rating on shares of Barclays in a report on Thursday, April 23rd. Finally, Erste Group Bank reissued a “hold” rating on shares of Barclays in a report on Thursday, March 5th. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

Barclays Stock Performance

BCS opened at $24.52 on Tuesday. The stock’s 50 day moving average price is $22.90 and its two-hundred day moving average price is $23.85. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 5.94. Barclays PLC has a 12-month low of $17.22 and a 12-month high of $27.70. The firm has a market capitalization of $83.57 billion, a P/E ratio of 10.22, a price-to-earnings-growth ratio of 0.46 and a beta of 1.01.

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

Barclays 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.