Atlas Brown Inc. maintained its position in Barclays PLC (NYSE:BCS) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,000 shares of the financial services provider’s stock at the end of the second quarter. Atlas Brown Inc.’s holdings in Barclays PLC were worth $106,000 as of its most recent SEC filing.
Other institutional investors have also recently added to or reduced their stakes in the company. Fisher Asset Management LLC increased its stake in shares of Barclays PLC by 13.6% in the second quarter. Fisher Asset Management LLC now owns 19,187,695 shares of the financial services provider’s stock valued at $203,198,000 after buying an additional 2,300,492 shares during the last quarter. Cornerstone Investment Partners LLC raised its stake in shares of Barclays PLC by 8.1% in the second quarter. Cornerstone Investment Partners LLC now owns 13,875 shares of the financial services provider’s stock worth $147,000 after buying an additional 1,042 shares during the period. Atria Investments LLC acquired a new stake in shares of Barclays PLC during the second quarter worth $166,000. Fox Run Management L.L.C. acquired a new stake in shares of Barclays PLC during the second quarter worth $110,000. Finally, Causeway Capital Management LLC raised its stake in shares of Barclays PLC by 3.7% in the first quarter. Causeway Capital Management LLC now owns 1,510,537 shares of the financial services provider’s stock worth $16,978,000 after buying an additional 54,505 shares during the period. Institutional investors own 2.52% of the company’s stock.
Shares of Barclays PLC (NYSE:BCS) traded down 0.46% during trading on Friday, hitting $10.82. The company had a trading volume of 2,606,835 shares. The firm has a 50 day moving average of $10.60 and a 200 day moving average of $10.99. Barclays PLC has a 12-month low of $7.80 and a 12-month high of $12.05. The stock has a market cap of $45.78 billion, a PE ratio of 23.52 and a beta of 0.93.
Barclays PLC (NYSE:BCS) last announced its quarterly earnings data on Friday, July 28th. The financial services provider reported $0.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by $0.01. The firm had revenue of $6.46 billion during the quarter, compared to the consensus estimate of $6.22 billion. Barclays PLC had a net margin of 7.02% and a return on equity of 4.26%. On average, analysts forecast that Barclays PLC will post $0.86 earnings per share for the current fiscal year.
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BCS has been the subject of a number of recent analyst reports. Zacks Investment Research lowered Barclays PLC from a “hold” rating to a “sell” rating in a research note on Tuesday, May 30th. Goldman Sachs Group, Inc. (The) lowered Barclays PLC from a “neutral” rating to a “sell” rating in a research report on Friday, May 5th. Natixis lowered Barclays PLC from a “buy” rating to a “neutral” rating in a research report on Thursday, May 4th. BidaskClub upgraded Barclays PLC from a “sell” rating to a “hold” rating in a research report on Wednesday, June 28th. Finally, J P Morgan Chase & Co upgraded Barclays PLC from a “neutral” rating to an “overweight” rating in a research report on Thursday, June 1st. Eight equities research analysts have rated the stock with a sell rating, four have given a hold rating and eleven have assigned a buy rating to the stock. Barclays PLC currently has an average rating of “Hold” and an average target price of $10.09.
In related news, major shareholder Plc Barclays sold 37 shares of Barclays PLC stock in a transaction that occurred on Tuesday, July 25th. The shares were sold at an average price of $100,000.00, for a total value of $3,700,000.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 0.02% of the company’s stock.
About Barclays PLC
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