Rockefeller Capital Management L.P. Sells 10,468 Shares of Barclays PLC $BCS

Rockefeller Capital Management L.P. decreased its holdings in shares of Barclays PLC (NYSE:BCS) by 5.6% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 175,375 shares of the financial services provider’s stock after selling 10,468 shares during the period. Rockefeller Capital Management L.P.’s holdings in Barclays were worth $3,260,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of BCS. Mark Sheptoff Financial Planning LLC bought a new position in Barclays in the second quarter valued at approximately $28,000. Elequin Capital LP acquired a new position in shares of Barclays in the 1st quarter valued at $30,000. Wealthquest Corp bought a new position in shares of Barclays in the 1st quarter worth $32,000. Dogwood Wealth Management LLC acquired a new stake in shares of Barclays during the second quarter worth $46,000. Finally, WPG Advisers LLC bought a new stake in Barclays in the first quarter valued at about $40,000. 3.39% of the stock is currently owned by institutional investors and hedge funds.

Barclays Price Performance

Barclays stock opened at $20.83 on Friday. Barclays PLC has a one year low of $12.14 and a one year high of $22.64. 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 stock’s 50 day moving average is $20.86 and its 200 day moving average is $19.49. The firm has a market cap of $72.50 billion, a P/E ratio of 9.60, a P/E/G ratio of 0.40 and a beta of 1.14.

Barclays (NYSE:BCS) last released its earnings results on Wednesday, October 22nd. The financial services provider reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.02. Barclays had a net margin of 21.26% and a return on equity of 8.19%. The company had revenue of $9.59 billion for the quarter, compared to the consensus estimate of $6.95 billion. As a group, research analysts expect that Barclays PLC will post 2 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on BCS shares. Royal Bank Of Canada reissued an “outperform” rating on shares of Barclays in a research note on Thursday, October 23rd. Morgan Stanley reaffirmed an “overweight” rating on shares of Barclays in a research note on Monday, October 6th. Zacks Research downgraded 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 report on Thursday, October 23rd. Finally, Wall Street Zen lowered Barclays from a “buy” rating to a “hold” rating in a report on Friday, October 3rd. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Barclays Company Profile

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.