Barclays PLC (BCS) Stake Lifted by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership increased its position in shares of Barclays PLC (NYSE:BCS) by 14.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,904,900 shares of the financial services provider’s stock after buying an additional 724,794 shares during the quarter. Arrowstreet Capital Limited Partnership owned about 0.14% of Barclays PLC worth $62,533,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Fox Run Management L.L.C. acquired a new position in Barclays PLC during the 2nd quarter worth approximately $110,000. Advisor Partners LLC acquired a new position in Barclays PLC during the 2nd quarter worth approximately $119,000. HPM Partners LLC raised its stake in Barclays PLC by 1.8% during the 2nd quarter. HPM Partners LLC now owns 11,545 shares of the financial services provider’s stock worth $122,000 after buying an additional 203 shares during the period. MAI Capital Management raised its stake in Barclays PLC by 21.8% during the 2nd quarter. MAI Capital Management now owns 12,619 shares of the financial services provider’s stock worth $134,000 after buying an additional 2,261 shares during the period. Finally, Cornerstone Investment Partners LLC raised its stake in Barclays PLC by 8.1% during the 2nd 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. 2.47% of the stock is currently owned by institutional investors and hedge funds.

ILLEGAL ACTIVITY WARNING: “Barclays PLC (BCS) Stake Lifted by Arrowstreet Capital Limited Partnership” was published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this piece on another website, it was copied illegally and republished in violation of United States and international trademark & copyright law. The original version of this piece can be accessed at https://ledgergazette.com/2017/10/09/barclays-plc-bcs-stake-lifted-by-arrowstreet-capital-limited-partnership.html.

In other Barclays PLC news, major shareholder Plc Barclays sold 260 shares of the business’s stock in a transaction on Wednesday, July 19th. The shares were sold at an average price of $100,000.00, for a total transaction of $26,000,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.02% of the stock is currently owned by insiders.

Barclays PLC (NYSE:BCS) traded down 1.00% during trading on Monday, hitting $9.88. The stock had a trading volume of 598,288 shares. Barclays PLC has a 1-year low of $8.02 and a 1-year high of $12.05. The stock’s 50-day moving average price is $10.04 and its 200-day moving average price is $10.59. The company’s market capitalization is $42.12 billion.

Barclays PLC (NYSE:BCS) last announced its earnings results on Friday, July 28th. The financial services provider reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.01). The company had revenue of $6.46 billion for the quarter, compared to analysts’ expectations of $6.22 billion. Barclays PLC had a negative net margin of 2.65% and a positive return on equity of 2.57%. Analysts expect that Barclays PLC will post $0.86 earnings per share for the current year.

The business also recently announced a None dividend, which was paid on Monday, September 18th. Shareholders of record on Friday, August 11th were paid a dividend of $0.051 per share. The ex-dividend date was Wednesday, August 9th. This represents a yield of 1.95%. Barclays PLC’s dividend payout ratio is presently -88.23%.

BCS has been the topic of a number of research reports. Goldman Sachs Group, Inc. (The) reaffirmed a “sell” rating on shares of Barclays PLC in a research note on Wednesday, September 6th. Morgan Stanley reaffirmed a “buy” rating on shares of Barclays PLC in a research note on Tuesday, July 18th. Zacks Investment Research raised Barclays PLC from a “sell” rating to a “hold” rating in a research note on Tuesday, September 26th. ValuEngine downgraded Barclays PLC from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Finally, B

Other hedge funds have also recently bought and sold shares of the company. Fox Run Management L.L.C. acquired a new position in Barclays PLC during the 2nd quarter worth approximately $110,000. Advisor Partners LLC acquired a new position in Barclays PLC during the 2nd quarter worth approximately $119,000. HPM Partners LLC raised its stake in Barclays PLC by 1.8% during the 2nd quarter. HPM Partners LLC now owns 11,545 shares of the financial services provider’s stock worth $122,000 after buying an additional 203 shares during the period. MAI Capital Management raised its stake in Barclays PLC by 21.8% during the 2nd quarter. MAI Capital Management now owns 12,619 shares of the financial services provider’s stock worth $134,000 after buying an additional 2,261 shares during the period. Finally, Cornerstone Investment Partners LLC raised its stake in Barclays PLC by 8.1% during the 2nd 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. 2.47% of the stock is currently owned by institutional investors and hedge funds.

ILLEGAL ACTIVITY WARNING: “Barclays PLC (BCS) Stake Lifted by Arrowstreet Capital Limited Partnership” was published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this piece on another website, it was copied illegally and republished in violation of United States and international trademark & copyright law. The original version of this piece can be accessed at https://ledgergazette.com/2017/10/09/barclays-plc-bcs-stake-lifted-by-arrowstreet-capital-limited-partnership.html.

In other Barclays PLC news, major shareholder Plc Barclays sold 260 shares of the business’s stock in a transaction on Wednesday, July 19th. The shares were sold at an average price of $100,000.00, for a total transaction of $26,000,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.02% of the stock is currently owned by insiders.

Barclays PLC (NYSE:BCS) traded down 1.00% during trading on Monday, hitting $9.88. The stock had a trading volume of 598,288 shares. Barclays PLC has a 1-year low of $8.02 and a 1-year high of $12.05. The stock’s 50-day moving average price is $10.04 and its 200-day moving average price is $10.59. The company’s market capitalization is $42.12 billion.

Barclays PLC (NYSE:BCS) last announced its earnings results on Friday, July 28th. The financial services provider reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.01). The company had revenue of $6.46 billion for the quarter, compared to analysts’ expectations of $6.22 billion. Barclays PLC had a negative net margin of 2.65% and a positive return on equity of 2.57%. Analysts expect that Barclays PLC will post $0.86 earnings per share for the current year.

The business also recently announced a None dividend, which was paid on Monday, September 18th. Shareholders of record on Friday, August 11th were paid a dividend of $0.051 per share. The ex-dividend date was Wednesday, August 9th. This represents a yield of 1.95%. Barclays PLC’s dividend payout ratio is presently -88.23%.

BCS has been the topic of a number of research reports. Goldman Sachs Group, Inc. (The) reaffirmed a “sell” rating on shares of Barclays PLC in a research note on Wednesday, September 6th. Morgan Stanley reaffirmed a “buy” rating on shares of Barclays PLC in a research note on Tuesday, July 18th. Zacks Investment Research raised Barclays PLC from a “sell” rating to a “hold” rating in a research note on Tuesday, September 26th. ValuEngine downgraded Barclays PLC from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Finally, BNP Paribas downgraded Barclays PLC from an “outperform” rating to a “neutral” rating in a research note on Thursday. Eight research analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $9.86.

Barclays PLC Profile

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Institutional Ownership by Quarter for Barclays PLC (NYSE:BCS)

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