Natixis Advisors LLC Trims Position in Barclays PLC $BCS

Natixis Advisors LLC lessened its stake in Barclays PLC (NYSE:BCS) by 12.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,666,470 shares of the financial services provider’s stock after selling 1,220,180 shares during the period. Natixis Advisors LLC owned 0.25% of Barclays worth $220,562,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in BCS. Norges Bank purchased a new position in Barclays in the 4th quarter worth about $141,248,000. Ameriprise Financial Inc. grew its holdings in Barclays by 793.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,777,017 shares of the financial services provider’s stock worth $99,073,000 after acquiring an additional 4,242,360 shares in the last quarter. Fisher Asset Management LLC grew its holdings in Barclays by 4.3% during the 4th quarter. Fisher Asset Management LLC now owns 89,750,069 shares of the financial services provider’s stock worth $2,284,139,000 after acquiring an additional 3,722,757 shares in the last quarter. Main Street Research LLC bought a new position in Barclays during the 3rd quarter worth about $35,035,000. Finally, BNP Paribas Financial Markets boosted its holdings in shares of Barclays by 7,013.1% in the 2nd quarter. BNP Paribas Financial Markets now owns 1,671,369 shares of the financial services provider’s stock valued at $31,071,000 after buying an additional 1,647,872 shares in the last quarter. Hedge funds and other institutional investors own 3.39% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Erste Group Bank reissued a “hold” rating on shares of Barclays in a research report on Thursday, March 5th. Morgan Stanley reaffirmed an “overweight” rating on shares of Barclays in a research note on Wednesday, February 11th. Weiss Ratings cut shares of Barclays from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, April 21st. Zacks Research cut shares of Barclays from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 19th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Barclays in a research note on Wednesday, April 29th. Three investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Barclays Stock Down 0.0%

BCS stock opened at $24.52 on Tuesday. The firm has a market capitalization of $83.57 billion, a price-to-earnings ratio of 10.22, a PEG ratio of 0.46 and a beta of 1.01. Barclays PLC has a fifty-two week low of $17.22 and a fifty-two week high of $27.70. The company has a debt-to-equity ratio of 5.94, a quick ratio of 1.44 and a current ratio of 1.44. The company’s 50 day moving average price is $22.90 and its 200 day moving average price is $23.85.

Barclays (NYSE:BCS) last posted its quarterly earnings data on Monday, April 27th. The financial services provider reported $0.76 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.01. Barclays had a return on equity of 8.12% and a net margin of 21.10%.The business had revenue of $5.07 billion during the quarter, compared to the consensus estimate of $10.88 billion. On average, equities research analysts anticipate that Barclays PLC will post 2.75 EPS for the current fiscal year.

About Barclays

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.