Hantz Financial Services Inc. Has $406,000 Stock Position in Barclays PLC $BCS

Hantz Financial Services Inc. increased its holdings in Barclays PLC (NYSE:BCS) by 369.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,827 shares of the financial services provider’s stock after acquiring an additional 17,181 shares during the period. Hantz Financial Services Inc.’s holdings in Barclays were worth $406,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Y Intercept Hong Kong Ltd lifted its position in shares of Barclays by 653.0% in the second quarter. Y Intercept Hong Kong Ltd now owns 662,495 shares of the financial services provider’s stock worth $12,316,000 after purchasing an additional 574,514 shares in the last quarter. Ashton Thomas Private Wealth LLC increased its stake in Barclays by 5.0% in the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 15,473 shares of the financial services provider’s stock valued at $288,000 after buying an additional 740 shares during the period. R Squared Ltd acquired a new stake in shares of Barclays during the 2nd quarter valued at $418,000. Bleakley Financial Group LLC grew its holdings in shares of Barclays by 3.4% during the 2nd quarter. Bleakley Financial Group LLC now owns 19,389 shares of the financial services provider’s stock valued at $360,000 after acquiring an additional 634 shares in the last quarter. Finally, RNC Capital Management LLC increased its stake in shares of Barclays by 13.7% in the second quarter. RNC Capital Management LLC now owns 37,160 shares of the financial services provider’s stock worth $691,000 after acquiring an additional 4,490 shares during the last quarter. Hedge funds and other institutional investors own 3.39% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on BCS shares. Morgan Stanley reissued an “overweight” rating on shares of Barclays in a research report on Monday, October 6th. Zacks Research lowered Barclays from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 28th. Wall Street Zen downgraded Barclays from a “buy” rating to a “hold” rating in a report on Friday, October 3rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Barclays in a research report on Wednesday, October 8th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Barclays in a research note on Thursday, October 23rd. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, Barclays has a consensus rating of “Moderate Buy”.

Barclays Trading Up 0.7%

Shares of BCS stock opened at $21.49 on Monday. Barclays PLC has a 12 month low of $12.14 and a 12 month high of $21.61. The company has a market cap of $75.14 billion, a PE ratio of 9.90, a price-to-earnings-growth ratio of 0.42 and a beta of 1.14. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 5.94. The business’s 50 day moving average is $20.44 and its two-hundred day moving average is $18.89.

Barclays (NYSE:BCS) last issued its quarterly earnings data on Wednesday, October 22nd. The financial services provider reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.54 by $0.02. Barclays had a net margin of 21.26% and a return on equity of 8.19%. The business had revenue of $9.59 billion during the quarter, compared to analysts’ expectations of $6.95 billion. Equities analysts predict that Barclays PLC will post 2 EPS for the current year.

Barclays 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.