DRW Securities LLC Purchases New Holdings in Barclays PLC (NYSE:BCS)

DRW Securities LLC acquired a new position in Barclays PLC (NYSE:BCS) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 14,252 shares of the financial services provider’s stock, valued at approximately $173,000.

Other institutional investors also recently modified their holdings of the company. SVB Wealth LLC lifted its position in Barclays by 53.9% in the first quarter. SVB Wealth LLC now owns 19,701 shares of the financial services provider’s stock worth $186,000 after purchasing an additional 6,901 shares during the period. B. Riley Wealth Advisors Inc. bought a new position in shares of Barclays during the 1st quarter worth about $95,000. Cetera Advisors LLC acquired a new stake in shares of Barclays during the 1st quarter valued at about $151,000. Teachers Retirement System of The State of Kentucky increased its stake in Barclays by 20.9% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 1,533,600 shares of the financial services provider’s stock valued at $14,493,000 after acquiring an additional 265,200 shares during the period. Finally, EverSource Wealth Advisors LLC raised its position in Barclays by 71.8% in the first quarter. EverSource Wealth Advisors LLC now owns 3,647 shares of the financial services provider’s stock worth $37,000 after purchasing an additional 1,524 shares in the last quarter. Institutional investors and hedge funds own 3.39% of the company’s stock.

Barclays Stock Performance

NYSE BCS opened at $13.23 on Thursday. Barclays PLC has a 1-year low of $7.02 and a 1-year high of $13.57. The company has a 50 day moving average of $12.65 and a 200-day moving average of $11.81. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 5.67. The firm has a market cap of $47.91 billion, a price-to-earnings ratio of 9.00 and a beta of 1.41.

Barclays (NYSE:BCS) last released its quarterly earnings results 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 in the prior year, the business earned $0.42 earnings per share. On average, equities analysts forecast that Barclays PLC will post 1.71 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

BCS has been the topic of several analyst reports. Kepler Capital Markets began coverage on Barclays in a research note on Thursday, September 5th. They issued a “buy” rating on the stock. StockNews.com cut Barclays from a “strong-buy” rating to a “buy” rating in a research report on Friday, November 22nd. Finally, The Goldman Sachs Group began coverage on Barclays in a report on Tuesday, October 8th. They set a “buy” rating for the company.

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.