Militia Capital Partners LP Purchases Shares of 22,000 Barclays PLC $BCS

Militia Capital Partners LP purchased a new stake in shares of Barclays PLC (NYSE:BCS) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 22,000 shares of the financial services provider’s stock, valued at approximately $560,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. American Century Companies Inc. increased its stake 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 valued at $100,065,000 after purchasing an additional 1,362,247 shares in the last quarter. Teachers Retirement System of The State of Kentucky increased its stake in Barclays by 6.1% during the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 2,239,040 shares of the financial services provider’s stock valued at $46,281,000 after purchasing an additional 129,700 shares in the last quarter. Natixis Advisors LLC increased its stake in Barclays by 5.9% during the 3rd quarter. Natixis Advisors LLC now owns 9,886,650 shares of the financial services provider’s stock valued at $204,357,000 after purchasing an additional 549,497 shares in the last quarter. Redhawk Wealth Advisors Inc. increased its stake in Barclays by 70.5% during the 4th quarter. Redhawk Wealth Advisors Inc. now owns 124,961 shares of the financial services provider’s stock valued at $3,180,000 after purchasing an additional 51,679 shares in the last quarter. Finally, Main Street Research LLC bought a new stake in Barclays during the 3rd quarter valued at $35,035,000. Institutional investors own 3.39% of the company’s stock.

Barclays Price Performance

BCS opened at $25.97 on Wednesday. The company has a debt-to-equity ratio of 5.94, a current ratio of 1.44 and a quick ratio of 1.44. The company has a market capitalization of $88.53 billion, a price-to-earnings ratio of 10.82, a P/E/G ratio of 0.48 and a beta of 1.01. The firm’s fifty day moving average price is $23.76 and its two-hundred day moving average price is $24.11. Barclays PLC has a 1 year low of $17.22 and a 1 year high of $27.70.

Barclays (NYSE:BCS) last posted its quarterly earnings data on Monday, April 27th. The financial services provider reported $0.76 earnings per share (EPS) 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 the consensus estimate of $10.88 billion. Barclays had a net margin of 21.10% and a return on equity of 8.12%. As a group, analysts anticipate that Barclays PLC will post 2.75 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Erste Group Bank restated a “hold” rating on shares of Barclays in a research note on Thursday, March 5th. Zacks Research downgraded shares of Barclays from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 19th. Weiss Ratings downgraded shares of Barclays from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, April 21st. Piper Sandler raised shares of Barclays from an “overweight” rating to a “buy” rating in a report on Friday. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Barclays in a report on Wednesday, April 29th. Four equities 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 company has an average rating of “Moderate Buy”.

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.