GAMMA Investing LLC Increases Stake in Barclays PLC (NYSE:BCS)

GAMMA Investing LLC raised its position in shares of Barclays PLC (NYSE:BCS) by 17.4% in the first quarter, Holdings Channel reports. The firm owned 16,049 shares of the financial services provider’s stock after acquiring an additional 2,381 shares during the quarter. GAMMA Investing LLC’s holdings in Barclays were worth $247,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of BCS. Neuberger Berman Group LLC grew its holdings in shares of Barclays by 51.0% during the fourth quarter. Neuberger Berman Group LLC now owns 579,964 shares of the financial services provider’s stock valued at $7,708,000 after buying an additional 195,825 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in Barclays by 14.7% during the 4th quarter. Envestnet Asset Management Inc. now owns 3,063,126 shares of the financial services provider’s stock valued at $40,709,000 after purchasing an additional 391,899 shares during the last quarter. National Bank of Canada FI increased its holdings in shares of Barclays by 77.3% in the 4th quarter. National Bank of Canada FI now owns 835,051 shares of the financial services provider’s stock worth $11,098,000 after purchasing an additional 364,182 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Barclays by 15.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 308,721 shares of the financial services provider’s stock worth $4,103,000 after purchasing an additional 40,437 shares in the last quarter. Finally, Orion Portfolio Solutions LLC raised its stake in shares of Barclays by 12.4% in the fourth quarter. Orion Portfolio Solutions LLC now owns 171,292 shares of the financial services provider’s stock worth $2,276,000 after purchasing an additional 18,938 shares during the last quarter. 3.39% of the stock is owned by hedge funds and other institutional investors.

Barclays Trading Down 2.5%

Shares of NYSE:BCS opened at $17.87 on Thursday. The company has a debt-to-equity ratio of 5.75, a current ratio of 1.39 and a quick ratio of 1.39. Barclays PLC has a 1 year low of $10.23 and a 1 year high of $18.75. The company has a market cap of $63.58 billion, a P/E ratio of 9.07, a PEG ratio of 0.44 and a beta of 1.10. The stock’s fifty day moving average price is $17.36 and its 200-day moving average price is $15.53.

Barclays (NYSE:BCS) last posted its earnings results on Wednesday, April 30th. The financial services provider reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.04. The business had revenue of $10.32 billion for the quarter, compared to analysts’ expectations of $8.37 billion. Barclays had a net margin of 21.27% and a return on equity of 8.04%. Sell-side analysts expect that Barclays PLC will post 2 earnings per share for the current 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.