Triasima Portfolio Management inc. Acquires Shares of 203,595 Barclays PLC $BCS

Triasima Portfolio Management inc. acquired a new position in shares of Barclays PLC (NYSE:BCS) during the 3rd quarter, Holdings Channel.com reports. The firm acquired 203,595 shares of the financial services provider’s stock, valued at approximately $4,208,000.

Other large investors also recently modified their holdings of the company. RWA Wealth Partners LLC bought a new position in Barclays in the second quarter worth about $654,000. Voya Investment Management LLC lifted its holdings in shares of Barclays by 39.5% in the 3rd quarter. Voya Investment Management LLC now owns 146,796 shares of the financial services provider’s stock worth $3,034,000 after purchasing an additional 41,585 shares during the last quarter. Norges Bank acquired a new position in Barclays during the 2nd quarter valued at approximately $63,206,000. Assetmark Inc. grew its stake in Barclays by 217.6% during the 2nd quarter. Assetmark Inc. now owns 47,436 shares of the financial services provider’s stock worth $882,000 after buying an additional 32,500 shares during the last quarter. Finally, Calamos Wealth Management LLC acquired a new stake in Barclays in the second quarter worth $2,049,000. 3.39% of the stock is currently owned by institutional investors.

Barclays Trading Down 1.4%

Shares of Barclays stock opened at $25.82 on Tuesday. The business has a fifty day simple moving average of $24.05 and a 200-day simple moving average of $21.50. Barclays PLC has a fifty-two week low of $12.14 and a fifty-two week high of $26.64. The firm has a market cap of $89.48 billion, a price-to-earnings ratio of 11.87, a price-to-earnings-growth ratio of 0.40 and a beta of 0.98. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 5.94.

Barclays (NYSE:BCS) last issued its quarterly earnings results on Tuesday, September 30th. The financial services provider reported $0.45 EPS for the quarter. Barclays had a net margin of 21.26% and a return on equity of 8.19%. The firm had revenue of $9.21 billion for the quarter. On average, equities analysts forecast that Barclays PLC will post 2 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently issued reports on BCS. Weiss Ratings restated a “buy (b-)” rating on shares of Barclays in a research report on Tuesday, December 23rd. Royal Bank Of Canada restated an “outperform” rating on shares of Barclays in a research report on Thursday, October 23rd. Citigroup reaffirmed a “neutral” rating on shares of Barclays in a report on Monday, December 1st. Zacks Research lowered Barclays from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 28th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Barclays in a research note on Monday, November 24th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Barclays presently has a consensus rating of “Moderate Buy”.

Barclays Company Profile

Barclays PLC (NYSE: BCS) is a British multinational bank and financial services company headquartered in London. The firm provides a broad range of banking and financial products to individual, corporate and institutional customers. Its core activities span retail and business banking, credit cards and payments, corporate and investment banking, and wealth and investment management.

In retail and business banking, Barclays offers deposit accounts, mortgages, personal and business loans, and card services.