Mount Yale Investment Advisors LLC Purchases New Holdings in Barclays PLC (NYSE:BCS)

Mount Yale Investment Advisors LLC acquired a new position in Barclays PLC (NYSE:BCS) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 75,539 shares of the financial services provider’s stock, valued at approximately $1,004,000.

Several other large investors have also recently bought and sold shares of BCS. FMR LLC grew its position in shares of Barclays by 11.6% during the 3rd quarter. FMR LLC now owns 6,432,007 shares of the financial services provider’s stock worth $78,149,000 after buying an additional 667,498 shares during the period. Public Employees Retirement System of Ohio bought a new position in Barclays in the third quarter valued at approximately $52,335,000. Raymond James & Associates grew its holdings in Barclays by 11.9% during the 3rd quarter. Raymond James & Associates now owns 4,007,379 shares of the financial services provider’s stock worth $48,690,000 after acquiring an additional 426,815 shares during the period. Natixis Advisors LLC raised its position in shares of Barclays by 286.1% during the 3rd quarter. Natixis Advisors LLC now owns 3,565,033 shares of the financial services provider’s stock valued at $43,315,000 after acquiring an additional 2,641,608 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky lifted its stake in shares of Barclays by 29.8% in the 2nd quarter. Teachers Retirement System of The State of Kentucky now owns 1,990,600 shares of the financial services provider’s stock valued at $21,319,000 after purchasing an additional 457,000 shares during the period. Institutional investors and hedge funds own 3.39% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently commented on BCS. StockNews.com cut Barclays from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 16th. The Goldman Sachs Group initiated coverage on Barclays in a research report on Tuesday, October 8th. They set a “buy” rating for the company.

Barclays Stock Down 1.2 %

Shares of NYSE:BCS opened at $14.45 on Tuesday. The company has a 50 day moving average price of $13.47 and a two-hundred day moving average price of $12.58. The company has a debt-to-equity ratio of 5.67, a quick ratio of 1.35 and a current ratio of 1.35. The company has a market capitalization of $52.12 billion, a PE ratio of 9.83, a PEG ratio of 0.44 and a beta of 1.41. Barclays PLC has a 52 week low of $7.07 and a 52 week high of $14.92.

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.