ETRADE Capital Management LLC Purchases New Holdings in Barclays (BCS)

ETRADE Capital Management LLC purchased a new position in shares of Barclays (NYSE:BCS) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 10,347 shares of the financial services provider’s stock, valued at approximately $113,000.

A number of other institutional investors and hedge funds have also made changes to their positions in BCS. Fisher Asset Management LLC lifted its stake in 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 worth $246,909,000 after purchasing an additional 1,997,444 shares during the period. Parametric Portfolio Associates LLC lifted its stake in 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 worth $38,615,000 after purchasing an additional 450,707 shares during the period. Cubist Systematic Strategies LLC bought a new position in Barclays during the third quarter worth about $805,000. SG Americas Securities LLC lifted its stake in Barclays by 68.8% during the third quarter. SG Americas Securities LLC now owns 174,545 shares of the financial services provider’s stock worth $1,807,000 after purchasing an additional 71,160 shares during the period. Finally, Trexquant Investment LP bought a new position in Barclays during the third quarter worth about $533,000. Hedge funds and other institutional investors own 2.55% of the company’s stock.

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Shares of NYSE BCS traded down $0.13 during mid-day trading on Friday, hitting $11.90. 2,083,581 shares of the stock were exchanged, compared to its average volume of 4,017,791. The firm has a market cap of $51,319.27, a price-to-earnings ratio of 14.34, a PEG ratio of 0.59 and a beta of 0.81. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 4.10. Barclays has a twelve month low of $9.29 and a twelve month high of $12.47.

The company also recently disclosed a special dividend, which was paid on Thursday, April 5th. Stockholders of record on Friday, March 2nd were issued a dividend of $0.1115 per share. The ex-dividend date was Thursday, March 1st. Barclays’s payout ratio is 26.51%.

A number of research analysts have commented on the stock. ValuEngine cut shares of Barclays from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Deutsche Bank restated a “buy” rating on shares of Barclays in a research note on Friday, February 9th. Zacks Investment Research upgraded shares of Barclays from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 2nd. Investec upgraded shares of Barclays from a “hold” rating to a “buy” rating in a research note on Thursday, March 29th. Finally, JPMorgan Chase restated a “buy” rating on shares of Barclays in a research note on Thursday, February 1st. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $11.00.

In other news, major shareholder Plc Barclays sold 25,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $10.00, for a total transaction of $250,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last ninety days, insiders have sold 29,627 shares of company stock valued at $300,992. Company insiders own 0.02% of the company’s stock.

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Barclays Company Profile

Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, other European countries, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International divisions. It offers personal and business banking services; credit and debit cards; international banking; and private banking services, which include investment, wealth planning, and credit and specialist solutions to high net worth and ultra-high net worth clients, and family offices.

Institutional Ownership by Quarter for Barclays (NYSE:BCS)

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