Militia Capital Partners LP Makes New $560,000 Investment in Barclays PLC $BCS

Militia Capital Partners LP purchased a new position in shares of Barclays PLC (NYSE:BCS) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 22,000 shares of the financial services provider’s stock, valued at approximately $560,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Opal Capital LLC bought a new position in Barclays during the 4th quarter worth approximately $1,507,000. Squarepoint Ops LLC bought a new position in Barclays during the 4th quarter worth approximately $6,961,000. Senator Investment Group LP raised its holdings in Barclays by 13.4% during the 4th quarter. Senator Investment Group LP now owns 67,232 shares of the financial services provider’s stock worth $1,711,000 after purchasing an additional 7,957 shares during the last quarter. Strategic Global Advisors LLC raised its holdings in Barclays by 12.9% during the 4th quarter. Strategic Global Advisors LLC now owns 15,807 shares of the financial services provider’s stock worth $402,000 after purchasing an additional 1,802 shares during the last quarter. Finally, Panagora Asset Management Inc. raised its holdings in Barclays by 2.0% during the 4th quarter. Panagora Asset Management Inc. now owns 215,726 shares of the financial services provider’s stock worth $5,490,000 after purchasing an additional 4,277 shares during the last quarter. Institutional investors own 3.39% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on BCS shares. Weiss Ratings lowered shares of Barclays from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, April 21st. Citigroup reiterated a “neutral” rating on shares of Barclays in a research note on Thursday, April 23rd. BNP Paribas Exane lowered shares of Barclays from an “outperform” rating to a “neutral” rating in a research note on Tuesday, April 14th. Zacks Research lowered 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 reiterated an “outperform” rating on shares of Barclays in a research note on Wednesday, April 29th. Four research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Barclays Stock Performance

NYSE:BCS opened at $25.97 on Wednesday. The company has a fifty day moving average of $23.76 and a 200-day moving average of $24.11. The firm has a market capitalization of $88.53 billion, a P/E ratio of 10.82, a P/E/G ratio of 0.48 and a beta of 1.01. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 5.94. Barclays PLC has a twelve month low of $17.22 and a twelve month high of $27.70.

Barclays (NYSE:BCS) last released 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. The company had revenue of $5.07 billion during the quarter, compared to analyst estimates of $10.88 billion. Barclays had a net margin of 21.10% and a return on equity of 8.12%. As a group, sell-side analysts anticipate that Barclays PLC will post 2.75 EPS for the current year.

Barclays 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.