Keybank National Association OH Raises Stock Position in Barclays PLC $BCS

Keybank National Association OH boosted its position in shares of Barclays PLC (NYSE:BCS) by 145.9% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 43,905 shares of the financial services provider’s stock after acquiring an additional 26,049 shares during the period. Keybank National Association OH’s holdings in Barclays were worth $929,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd acquired a new position in shares of Barclays during the fourth quarter worth $26,000. Commonwealth Retirement Investments LLC acquired a new stake in shares of Barclays in the 4th quarter worth $26,000. SHP Wealth Management purchased a new position in Barclays during the 4th quarter worth $28,000. Advocate Investing Services LLC acquired a new position in Barclays during the 4th quarter valued at about $33,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in Barclays during the 4th quarter valued at about $39,000. 3.39% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Morgan Stanley reissued an “overweight” rating on shares of Barclays in a report on Thursday, July 2nd. Zacks Research lowered shares of Barclays from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 19th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Barclays in a research note on Wednesday, April 29th. BNP Paribas Exane downgraded shares of Barclays from an “outperform” rating to a “neutral” rating in a research report on Tuesday, April 14th. Finally, Piper Sandler upgraded shares of Barclays from an “overweight” rating to a “buy” rating in a research note on Friday, June 12th. Five research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Barclays Stock Performance

Shares of NYSE BCS opened at $27.42 on Wednesday. The company has a 50 day simple moving average of $24.88 and a two-hundred day simple moving average of $24.49. The stock has a market cap of $93.46 billion, a price-to-earnings ratio of 11.42, a PEG ratio of 0.49 and a beta of 1.00. 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 PLC has a 12 month low of $18.14 and a 12 month high of $28.43.

Barclays (NYSE:BCS) last issued its earnings results on Monday, April 27th. The financial services provider reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.01. The firm had revenue of $5.07 billion during the quarter, compared to analysts’ expectations of $10.88 billion. Barclays had a net margin of 21.10% and a return on equity of 8.12%. As a group, analysts predict that Barclays PLC will post 2.83 earnings per share 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.