Claraphi Advisory Network LLC Invests $130,000 in Barclays PLC (BCS) Stock

Claraphi Advisory Network LLC bought a new stake in Barclays PLC (NYSE:BCS) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 11,896 shares of the financial services provider’s stock, valued at approximately $130,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Fisher Asset Management LLC raised its holdings in shares of Barclays by 9.7% during the fourth quarter. Fisher Asset Management LLC now owns 22,652,176 shares of the financial services provider’s stock valued at $246,909,000 after purchasing an additional 1,997,444 shares during the period. Parametric Portfolio Associates LLC raised its holdings in shares of Barclays by 13.7% during the third quarter. Parametric Portfolio Associates LLC now owns 3,730,934 shares of the financial services provider’s stock valued at $38,615,000 after purchasing an additional 450,707 shares during the period. Sanders Capital LLC raised its holdings in shares of Barclays by 4.8% during the fourth quarter. Sanders Capital LLC now owns 542,047 shares of the financial services provider’s stock valued at $5,908,000 after purchasing an additional 24,600 shares during the period. Crossmark Global Holdings Inc. acquired a new position in shares of Barclays during the third quarter valued at about $3,950,000. Finally, Oppenheimer Asset Management Inc. raised its holdings in shares of Barclays by 10.8% during the third quarter. Oppenheimer Asset Management Inc. now owns 336,823 shares of the financial services provider’s stock valued at $3,486,000 after purchasing an additional 32,772 shares during the period. Institutional investors and hedge funds own 2.51% of the company’s stock.

Shares of Barclays PLC (NYSE:BCS) opened at $10.69 on Friday. The company has a current ratio of 1.21, a quick ratio of 1.19 and a debt-to-equity ratio of 3.78. The company has a market cap of $45,253.01, a PE ratio of 15.39, a PEG ratio of 0.55 and a beta of 0.89. Barclays PLC has a 52-week low of $9.29 and a 52-week high of $12.02.

Several equities analysts have recently weighed in on BCS shares. Bank of America upgraded shares of Barclays from an “underperform” rating to a “buy” rating in a report on Monday, November 20th. Berenberg Bank upgraded shares of Barclays from a “sell” rating to a “hold” rating in a report on Friday, October 20th. Goldman Sachs Group reiterated a “sell” rating on shares of Barclays in a report on Tuesday, December 5th. Zacks Investment Research upgraded shares of Barclays from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 2nd. Finally, JPMorgan Chase & Co. reiterated a “buy” rating on shares of Barclays in a report on Monday, November 20th. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $11.25.

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About Barclays

Barclays PLC, is a global financial services holding company. The Company is engaged in credit cards, wholesale banking, investment banking, wealth management and investment management services. The Company’s segments include Barclays UK and Barclays International. The Barclays UK segment includes the local consumer, small business, the United Kingdom wealth and credit cards business.

Institutional Ownership by Quarter for Barclays (NYSE:BCS)

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