Barclays (NYSE:BCS) was downgraded by research analysts at Keefe, Bruyette & Woods from a “market perform” rating to an “underperform” rating in a research note issued to investors on Thursday, Marketbeat.com reports.

A number of other research analysts have also weighed in on BCS. Zacks Investment Research raised Barclays from a “sell” rating to a “hold” rating in a report on Tuesday, September 26th. ValuEngine raised Barclays from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. BNP Paribas lowered Barclays from an “outperform” rating to a “neutral” rating in a report on Thursday, October 5th. Berenberg Bank raised Barclays from a “sell” rating to a “hold” rating in a report on Friday, October 20th. Finally, JPMorgan Chase & Co. reissued a “buy” rating on shares of Barclays in a report on Monday, November 20th. Four analysts have rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $11.25.

Barclays (NYSE BCS) traded up $0.07 during mid-day trading on Thursday, reaching $10.75. The company’s stock had a trading volume of 2,864,600 shares, compared to its average volume of 2,316,252. The company has a quick ratio of 1.19, a current ratio of 1.21 and a debt-to-equity ratio of 3.78. The stock has a market cap of $45,806.95, a price-to-earnings ratio of -89.58, a PEG ratio of 0.54 and a beta of 0.95. Barclays has a 1-year low of $9.29 and a 1-year high of $11.96.

Barclays (NYSE:BCS) last posted its earnings results on Thursday, October 26th. The financial services provider reported $0.19 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.25 by ($0.06). Barclays had a negative net margin of 1.86% and a positive return on equity of 3.08%. sell-side analysts expect that Barclays will post 0.82 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently modified their holdings of the company. Fisher Asset Management LLC lifted its position in Barclays by 7.6% in the 3rd quarter. Fisher Asset Management LLC now owns 20,654,732 shares of the financial services provider’s stock worth $213,776,000 after buying an additional 1,467,037 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Barclays by 10.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 13,209,959 shares of the financial services provider’s stock worth $139,893,000 after buying an additional 1,279,988 shares during the last quarter. Northern Trust Corp lifted its position in Barclays by 9.3% in the 2nd quarter. Northern Trust Corp now owns 6,136,590 shares of the financial services provider’s stock worth $64,986,000 after buying an additional 521,524 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its position in Barclays by 14.0% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 5,904,900 shares of the financial services provider’s stock worth $62,533,000 after buying an additional 724,794 shares during the last quarter. Finally, Parametric Portfolio Associates LLC lifted its position in Barclays by 13.7% in the 3rd quarter. Parametric Portfolio Associates LLC now owns 3,730,934 shares of the financial services provider’s stock worth $38,615,000 after buying an additional 450,707 shares during the last quarter. 2.47% of the stock is owned by institutional investors.

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About Barclays

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