Opal Capital LLC Acquires Shares of 59,208 Barclays PLC $BCS

Opal Capital LLC bought a new stake in Barclays PLC (NYSE:BCS) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 59,208 shares of the financial services provider’s stock, valued at approximately $1,507,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. UMB Bank n.a. boosted its holdings in shares of Barclays by 25.6% in the fourth quarter. UMB Bank n.a. now owns 2,186 shares of the financial services provider’s stock valued at $56,000 after acquiring an additional 445 shares in the last quarter. Oppenheimer & Co. Inc. boosted its holdings in shares of Barclays by 1.1% in the third quarter. Oppenheimer & Co. Inc. now owns 42,600 shares of the financial services provider’s stock valued at $881,000 after acquiring an additional 482 shares in the last quarter. Arkadios Wealth Advisors boosted its holdings in shares of Barclays by 3.5% in the fourth quarter. Arkadios Wealth Advisors now owns 14,886 shares of the financial services provider’s stock valued at $379,000 after acquiring an additional 498 shares in the last quarter. Diversified Trust Co. boosted its holdings in shares of Barclays by 0.4% in the fourth quarter. Diversified Trust Co. now owns 122,957 shares of the financial services provider’s stock valued at $3,129,000 after acquiring an additional 507 shares in the last quarter. Finally, Root Financial Partners LLC boosted its holdings in shares of Barclays by 13.6% in the fourth quarter. Root Financial Partners LLC now owns 4,315 shares of the financial services provider’s stock valued at $110,000 after acquiring an additional 517 shares in the last quarter. Hedge funds and other institutional investors own 3.39% of the company’s stock.

Barclays Stock Up 1.3%

BCS stock opened at $25.97 on Wednesday. The company has a market cap of $88.53 billion, a P/E ratio of 10.82, a P/E/G ratio of 0.48 and a beta of 1.01. Barclays PLC has a 52 week low of $17.22 and a 52 week high of $27.70. The company’s 50-day moving average price is $23.76 and its 200 day moving average price is $24.11. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 5.94.

Barclays (NYSE:BCS) last released 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 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%. On average, research analysts expect that Barclays PLC will post 2.75 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Zacks Research downgraded shares of Barclays from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 19th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Barclays in a report on Wednesday, April 29th. Citigroup reaffirmed a “neutral” rating on shares of Barclays in a report on Thursday, April 23rd. BNP Paribas Exane downgraded shares of Barclays from an “outperform” rating to a “neutral” rating in a report on Tuesday, April 14th. Finally, Weiss Ratings downgraded shares of Barclays from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, April 21st. Four analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

About Barclays

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.