Barclays PLC (NYSE:BCS) Short Interest Up 26.6% in January
by Jessica Moore · The Cerbat GemBarclays PLC (NYSE:BCS) was the target of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 6,925,077 shares, an increase of 26.6% from the December 31st total of 5,469,177 shares. Based on an average daily volume of 5,288,471 shares, the short-interest ratio is currently 1.3 days. Approximately 0.2% of the shares of the company are sold short. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 5,288,471 shares, the short-interest ratio is currently 1.3 days.
Barclays Price Performance
BCS stock traded up $0.01 during mid-day trading on Tuesday, reaching $27.52. 7,131,128 shares of the company traded hands, compared to its average volume of 4,655,321. Barclays has a 52-week low of $12.14 and a 52-week high of $27.70. The company has a market capitalization of $95.37 billion, a P/E ratio of 12.68, a P/E/G ratio of 0.42 and a beta of 0.96. The company has a debt-to-equity ratio of 5.94, a current ratio of 1.41 and a quick ratio of 1.41. The company has a fifty day moving average price of $25.18 and a 200-day moving average price of $22.13.
Barclays (NYSE:BCS – Get Free Report) last posted its earnings results on Tuesday, September 30th. The financial services provider reported $0.45 earnings per share (EPS) for the quarter. Barclays had a net margin of 21.26% and a return on equity of 8.19%. The business had revenue of $9.21 billion for the quarter. As a group, analysts anticipate that Barclays will post 2 earnings per share for the current year.
Hedge Funds Weigh In On Barclays
A number of hedge funds and other institutional investors have recently bought and sold shares of BCS. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Barclays during the 2nd quarter valued at $27,000. Mather Group LLC. bought a new position in Barclays in the third quarter valued at $30,000. Salomon & Ludwin LLC raised its position in Barclays by 2,673.6% during the third quarter. Salomon & Ludwin LLC now owns 1,470 shares of the financial services provider’s stock valued at $31,000 after purchasing an additional 1,417 shares in the last quarter. Mark Sheptoff Financial Planning LLC bought a new stake in Barclays during the second quarter worth about $28,000. Finally, True Wealth Design LLC purchased a new position in shares of Barclays in the 3rd quarter worth about $31,000. Hedge funds and other institutional investors own 3.39% of the company’s stock.
Analyst Ratings Changes
BCS has been the topic of a number of recent analyst reports. Zacks Research cut Barclays from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 28th. Weiss Ratings reissued a “buy (b-)” rating on shares of Barclays in a report on Tuesday, December 23rd. Citigroup reaffirmed a “neutral” rating on shares of Barclays in a research report on Thursday, January 22nd. Royal Bank Of Canada reissued an “outperform” rating on shares of Barclays in a report on Thursday, October 23rd. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Barclays in a report on Monday, November 24th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Barclays has an average rating of “Moderate Buy”.
Get Our Latest Stock Analysis on Barclays
Barclays Company Profile
Barclays PLC (NYSE: BCS) is a British multinational bank and financial services company headquartered in London. The firm provides a broad range of banking and financial products to individual, corporate and institutional customers. Its core activities span retail and business banking, credit cards and payments, corporate and investment banking, and wealth and investment management.
In retail and business banking, Barclays offers deposit accounts, mortgages, personal and business loans, and card services.