Nilsine Partners LLC Purchases Shares of 29,160 Barclays PLC (NYSE:BCS)

Nilsine Partners LLC acquired a new position in Barclays PLC (NYSE:BCS) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 29,160 shares of the financial services provider’s stock, valued at approximately $388,000.

Several other large investors have also modified their holdings of the company. Mount Yale Investment Advisors LLC acquired a new position in Barclays during the 4th quarter worth $1,004,000. Blue Trust Inc. lifted its position in shares of Barclays by 75.5% during the 4th quarter. Blue Trust Inc. now owns 55,156 shares of the financial services provider’s stock worth $670,000 after purchasing an additional 23,731 shares during the last quarter. Stonehage Fleming Financial Services Holdings Ltd bought a new stake in Barclays during the 4th quarter valued at approximately $599,000. SG Americas Securities LLC acquired a new stake in Barclays in the 4th quarter valued at approximately $1,208,000. Finally, Ballentine Partners LLC increased its position in Barclays by 11.3% in the 4th quarter. Ballentine Partners LLC now owns 30,879 shares of the financial services provider’s stock worth $410,000 after buying an additional 3,136 shares during the period. 3.39% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

BCS has been the topic of several research analyst reports. The Goldman Sachs Group initiated coverage on shares of Barclays in a research note on Tuesday, October 8th. They issued a “buy” rating on the stock. StockNews.com downgraded shares of Barclays from a “strong-buy” rating to a “buy” rating in a report on Thursday, January 16th.

Barclays Stock Performance

BCS opened at $14.67 on Thursday. The stock’s 50 day simple moving average is $13.52 and its 200-day simple moving average is $12.62. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 5.67. The stock has a market cap of $52.91 billion, a PE ratio of 9.98, a P/E/G ratio of 0.44 and a beta of 1.41. Barclays PLC has a 1 year low of $7.07 and a 1 year high of $14.92.

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.