Barclays PLC $BCS Shares Sold by Leuthold Group LLC

Leuthold Group LLC cut its holdings in shares of Barclays PLC (NYSE:BCS) by 1.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 317,243 shares of the financial services provider’s stock after selling 4,559 shares during the quarter. Leuthold Group LLC’s holdings in Barclays were worth $5,898,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Cetera Investment Advisers purchased a new position in shares of Barclays during the first quarter worth $1,515,000. Assetmark Inc. grew its position in Barclays by 17.6% during the 1st quarter. Assetmark Inc. now owns 14,936 shares of the financial services provider’s stock worth $229,000 after purchasing an additional 2,230 shares during the period. HB Wealth Management LLC lifted its holdings in shares of Barclays by 110.3% in the 1st quarter. HB Wealth Management LLC now owns 21,767 shares of the financial services provider’s stock valued at $334,000 after buying an additional 11,416 shares during the period. LPL Financial LLC boosted its stake in shares of Barclays by 24.5% in the first quarter. LPL Financial LLC now owns 203,785 shares of the financial services provider’s stock worth $3,130,000 after buying an additional 40,066 shares during the last quarter. Finally, XTX Topco Ltd grew its holdings in Barclays by 181.8% during the first quarter. XTX Topco Ltd now owns 42,959 shares of the financial services provider’s stock worth $660,000 after acquiring an additional 27,717 shares during the period. 3.39% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Zacks Research lowered shares of Barclays from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 28th. Citigroup reiterated a “neutral” rating on shares of Barclays in a research report on Thursday, October 23rd. Morgan Stanley restated an “overweight” rating on shares of Barclays in a research report on Monday, November 24th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Barclays in a report on Wednesday, October 8th. Finally, Wall Street Zen cut Barclays from a “buy” rating to a “hold” rating in a research report on Friday, October 3rd. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Barclays Price Performance

BCS stock opened at $22.92 on Friday. Barclays PLC has a 1 year low of $12.14 and a 1 year high of $22.91. The firm has a market capitalization of $79.78 billion, a PE ratio of 10.56, a price-to-earnings-growth ratio of 0.43 and a beta of 1.14. The company has a debt-to-equity ratio of 5.94, a current ratio of 1.41 and a quick ratio of 1.41. The business has a 50 day simple moving average of $20.99 and a 200-day simple moving average of $19.68.

Barclays (NYSE:BCS) last announced its quarterly earnings data on Tuesday, September 30th. The financial services provider reported $0.45 earnings per share (EPS) for the quarter. The firm had revenue of $9.21 billion during the quarter. Barclays had a net margin of 21.26% and a return on equity of 8.19%. Equities research analysts anticipate that Barclays PLC will post 2 earnings per share for the current fiscal year.

About Barclays

Barclays PLC provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International division segments. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.