American National Insurance Co. TX Continues to Hold Position in Barclays PLC (BCS)

American National Insurance Co. TX Continues to Hold Position in Barclays PLC (BCS)

American National Insurance Co. TX continued to hold its stake in shares of Barclays PLC (NYSE:BCS) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 34,600 shares of the financial services provider’s stock at the end of the first quarter. American National Insurance Co. TX’s holdings in Barclays PLC were worth $389,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in BCS. World Asset Management Inc raised its stake in shares of Barclays PLC by 8.2% in the third quarter. World Asset Management Inc now owns 282,434 shares of the financial services provider’s stock worth $2,454,000 after buying an additional 21,474 shares during the period. Berkeley Capital Partners LLC raised its stake in shares of Barclays PLC by 47.1% in the third quarter. Berkeley Capital Partners LLC now owns 26,328 shares of the financial services provider’s stock worth $229,000 after buying an additional 8,428 shares during the period. Sanders Capital LLC raised its stake in shares of Barclays PLC by 7.9% in the third quarter. Sanders Capital LLC now owns 520,347 shares of the financial services provider’s stock worth $4,522,000 after buying an additional 38,100 shares during the period. Columbia Asset Management purchased a new stake in shares of Barclays PLC during the third quarter worth about $246,000. Finally, Bellecapital International Ltd. purchased a new stake in shares of Barclays PLC during the third quarter worth about $149,000. Hedge funds and other institutional investors own 2.57% of the company’s stock.

Shares of Barclays PLC (NYSE:BCS) traded down 1.74% during trading on Friday, hitting $10.70. 7,461,212 shares of the stock were exchanged. The stock has a market cap of $45.36 billion, a price-to-earnings ratio of 20.42 and a beta of 1.18. Barclays PLC has a 12-month low of $6.76 and a 12-month high of $12.05. The stock’s 50 day moving average is $10.98 and its 200-day moving average is $10.88.

Barclays PLC (NYSE:BCS) last posted its quarterly earnings data on Thursday, February 23rd. The financial services provider reported $0.02 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.02. The business earned $6.20 billion during the quarter, compared to the consensus estimate of $5.83 billion. Barclays PLC had a negative net margin of 4.94% and a positive return on equity of 3.60%. Equities research analysts anticipate that Barclays PLC will post $0.86 EPS for the current year.

BCS has been the topic of a number of analyst reports. Deutsche Bank AG upgraded shares of Barclays PLC from a “hold” rating to a “buy” rating in a research report on Monday, January 9th. BCS upgraded shares of Barclays PLC from a “hold” rating to a “buy” rating in a research report on Monday, January 9th. Bank of America Corp restated a “sell” rating on shares of Barclays PLC in a research report on Monday, January 9th. Citigroup Inc reiterated a “sell” rating on shares of Barclays PLC in a report on Wednesday, January 11th. Finally, Macquarie lowered shares of Barclays PLC from an “outperform” rating to a “neutral” rating in a report on Thursday, January 12th. Seven research analysts have rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the company. Barclays PLC has a consensus rating of “Hold” and an average price target of $31.07.

About Barclays PLC

Barclays PLC is a global financial services holding company. The Company is engaged in retail banking, credit cards, wholesale banking, investment banking, wealth management and investment management services. The Company’s segments include Barclays UK and Barclays International. The Barclays UK segment includes the local consumer, small business, the United Kingdom wealth and credit cards business.

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