Trexquant Investment LP Invests $4.84 Million in Barclays PLC (NYSE:BCS)

Trexquant Investment LP acquired a new position in shares of Barclays PLC (NYSE:BCS) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 614,266 shares of the financial services provider’s stock, valued at approximately $4,840,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BCS. Blue Trust Inc. increased its position in Barclays by 23.7% in the 4th quarter. Blue Trust Inc. now owns 8,183 shares of the financial services provider’s stock valued at $64,000 after acquiring an additional 1,567 shares in the last quarter. OLD National Bancorp IN grew its position in shares of Barclays by 5.0% during the 4th quarter. OLD National Bancorp IN now owns 36,228 shares of the financial services provider’s stock worth $285,000 after buying an additional 1,732 shares during the period. Private Trust Co. NA grew its position in shares of Barclays by 58.5% during the 4th quarter. Private Trust Co. NA now owns 5,421 shares of the financial services provider’s stock worth $43,000 after buying an additional 2,000 shares during the period. Five Oceans Advisors grew its position in shares of Barclays by 18.9% during the 4th quarter. Five Oceans Advisors now owns 15,898 shares of the financial services provider’s stock worth $125,000 after buying an additional 2,527 shares during the period. Finally, Clarius Group LLC grew its position in shares of Barclays by 8.0% during the 4th quarter. Clarius Group LLC now owns 37,224 shares of the financial services provider’s stock worth $293,000 after buying an additional 2,753 shares during the period. 3.39% of the stock is owned by institutional investors.

Barclays Stock Performance

Shares of BCS opened at $10.85 on Thursday. The company has a debt-to-equity ratio of 6.15, a quick ratio of 1.39 and a current ratio of 1.39. Barclays PLC has a twelve month low of $6.23 and a twelve month high of $11.18. The firm’s 50 day moving average price is $9.89 and its two-hundred day moving average price is $8.44. The firm has a market cap of $41.12 billion, a P/E ratio of 8.09, a PEG ratio of 0.40 and a beta of 1.43.

Barclays (NYSE:BCS) last announced its quarterly earnings results on Thursday, April 25th. The financial services provider reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.07. Barclays had a net margin of 17.21% and a return on equity of 6.13%. The firm had revenue of $8.82 billion for the quarter. On average, analysts forecast that Barclays PLC will post 1.6 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on BCS. StockNews.com upgraded shares of Barclays from a “hold” rating to a “buy” rating in a research report on Monday, May 13th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Barclays in a report on Thursday, May 9th. They set a “buy” rating for the company. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $190.00.

Barclays Profile

Barclays PLC provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International division segments. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.