Clarius Group LLC Cuts Stake in Barclays PLC (NYSE:BCS)

Clarius Group LLC lessened its stake in shares of Barclays PLC (NYSE:BCS) by 10.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 18,881 shares of the financial services provider’s stock after selling 2,095 shares during the period. Clarius Group LLC’s holdings in Barclays were worth $251,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BCS. Brooklyn Investment Group bought a new stake in shares of Barclays in the 4th quarter worth approximately $26,000. Symphony Financial Ltd. Co. bought a new stake in shares of Barclays in the third quarter valued at $42,000. Versant Capital Management Inc purchased a new position in shares of Barclays during the 4th quarter valued at $44,000. Hexagon Capital Partners LLC grew its stake in shares of Barclays by 32.4% during the 3rd quarter. Hexagon Capital Partners LLC now owns 4,624 shares of the financial services provider’s stock worth $56,000 after acquiring an additional 1,132 shares during the period. Finally, GAMMA Investing LLC increased its holdings in Barclays by 42.6% in the 3rd quarter. GAMMA Investing LLC now owns 9,280 shares of the financial services provider’s stock worth $113,000 after acquiring an additional 2,774 shares during the last quarter. 3.39% of the stock is currently owned by hedge funds and other institutional investors.

Barclays Stock Performance

NYSE BCS opened at $14.28 on Monday. The company has a 50-day simple moving average of $13.33 and a two-hundred day simple moving average of $12.45. Barclays PLC has a 12-month low of $7.07 and a 12-month high of $14.29. The firm has a market cap of $51.51 billion, a price-to-earnings ratio of 9.71, a PEG ratio of 0.38 and a beta of 1.41. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 5.67.

Barclays (NYSE:BCS) last released its quarterly earnings data on Thursday, October 24th. The financial services provider reported $0.56 earnings per share for the quarter. The firm had revenue of $8.52 billion during the quarter. Barclays had a return on equity of 6.30% and a net margin of 17.83%. During the same period last year, the company posted $0.42 EPS. On average, equities analysts forecast that Barclays PLC will post 1.54 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on BCS shares. The Goldman Sachs Group started coverage on shares of Barclays in a report on Tuesday, October 8th. They set a “buy” rating on the stock. StockNews.com cut shares of Barclays from a “strong-buy” rating to a “buy” rating in a research report on Thursday.

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.