MidWestOne Financial Group Inc. Raises Stock Holdings in Barclays PLC (NYSE:BCS)

MidWestOne Financial Group Inc. grew its holdings in Barclays PLC (NYSE:BCS) by 30.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 180,215 shares of the financial services provider’s stock after purchasing an additional 41,776 shares during the period. MidWestOne Financial Group Inc.’s holdings in Barclays were worth $2,190,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in BCS. Rothschild Investment LLC bought a new position in Barclays in the 2nd quarter worth about $30,000. Symphony Financial Ltd. Co. purchased a new stake in shares of Barclays in the 3rd quarter worth $42,000. Hexagon Capital Partners LLC increased its stake in shares of Barclays by 32.4% during the third quarter. Hexagon Capital Partners LLC now owns 4,624 shares of the financial services provider’s stock valued at $56,000 after buying an additional 1,132 shares during the period. Blue Trust Inc. lifted its stake in Barclays by 452.5% in the second quarter. Blue Trust Inc. now owns 6,304 shares of the financial services provider’s stock worth $68,000 after acquiring an additional 5,163 shares during the period. Finally, Certuity LLC bought a new position in Barclays during the 2nd quarter worth about $107,000. 3.39% of the stock is owned by hedge funds and other institutional investors.

Barclays Stock Performance

BCS opened at $13.53 on Tuesday. The company has a market cap of $48.80 billion, a P/E ratio of 9.20 and a beta of 1.41. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 5.67. The firm’s 50-day moving average price is $12.85 and its 200-day moving average price is $11.95. Barclays PLC has a 52-week low of $7.07 and a 52-week high of $13.76.

Barclays (NYSE:BCS) last issued its quarterly earnings results on Thursday, October 24th. The financial services provider reported $0.56 earnings per share (EPS) for the quarter. The business had revenue of $8.52 billion for the quarter. Barclays had a net margin of 17.83% and a return on equity of 6.30%. During the same quarter in the previous year, the company posted $0.42 EPS. As a group, equities analysts anticipate that Barclays PLC will post 1.85 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on BCS. StockNews.com lowered shares of Barclays from a “strong-buy” rating to a “buy” rating in a report on Friday, November 22nd. The Goldman Sachs Group assumed coverage on Barclays in a report on Tuesday, October 8th. They issued a “buy” rating on the stock. Finally, Kepler Capital Markets initiated coverage on Barclays in a research note on Thursday, September 5th. They set a “buy” rating for the company.

Barclays Company 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.