Kathmere Capital Management LLC Has $644,000 Stake in Barclays PLC (NYSE:BCS)

Kathmere Capital Management LLC lifted its holdings in shares of Barclays PLC (NYSE:BCS) by 10.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 48,435 shares of the financial services provider’s stock after purchasing an additional 4,667 shares during the quarter. Kathmere Capital Management LLC’s holdings in Barclays were worth $644,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BCS. Massachusetts Financial Services Co. MA bought a new stake in shares of Barclays during the 3rd quarter valued at $3,647,000. Dorsey Wright & Associates acquired a new position in Barclays in the third quarter valued at about $3,276,000. Raymond James & Associates lifted its position in Barclays by 11.9% during the third quarter. Raymond James & Associates now owns 4,007,379 shares of the financial services provider’s stock worth $48,690,000 after purchasing an additional 426,815 shares during the period. Charles Schwab Investment Management Inc. grew its stake in Barclays by 20.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 268,284 shares of the financial services provider’s stock worth $3,260,000 after buying an additional 44,760 shares in the last quarter. Finally, Cerity Partners LLC increased its holdings in Barclays by 101.3% in the 3rd quarter. Cerity Partners LLC now owns 174,418 shares of the financial services provider’s stock valued at $2,119,000 after buying an additional 87,784 shares during the period. 3.39% of the stock is currently owned by institutional investors and hedge funds.

Barclays Trading Up 7.7 %

BCS opened at $14.03 on Thursday. The company has a market cap of $50.62 billion, a P/E ratio of 9.54 and a beta of 1.41. 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 company’s 50 day moving average is $13.28 and its 200-day moving average is $12.40. Barclays PLC has a 1-year low of $7.07 and a 1-year high of $14.07.

Barclays (NYSE:BCS) last issued its earnings results on Thursday, October 24th. The financial services provider reported $0.56 earnings per share for the quarter. The firm 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 prior year, the business earned $0.42 EPS. Equities research analysts predict that Barclays PLC will post 1.85 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently issued reports on BCS shares. StockNews.com upgraded shares of Barclays from a “buy” rating to a “strong-buy” rating in a research report on Thursday, December 19th. The Goldman Sachs Group initiated coverage on Barclays in a research note on Tuesday, October 8th. They issued a “buy” rating on the stock.

About Barclays

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.