Barclays Plc (BCS) Shares Declined While Eagle Capital Management LLC Increased Its Stake by $126.18 Million

Barclays PLC (NYSE:BCS) Corporate Logo

According to 2018Q2 SEC filling the Eagle Capital Management Llc increased its holdings in Barclays Plc (BCS) by 36.15%. 12.62 million shares were bought by Eagle Capital Management Llc as the company’s stock declined 15.01% while stock markets rallied. The commercial banks company at the end of 2018Q2 was priced at $476.60M. It’s up from 34.90M at the end of the previous reported quarter. Now it had 47.52M shares held by the hedge fund . Barclays Plc has $38.47 billion market cap. Ticker’s shares touched $9.15 during the last trading session after 1.51% change.Barclays PLC has volume of 3.41 million shares. Since November 10, 2017 BCS has declined 9.48% and is downtrending. BCS underperformed the S&P500 by 25.10%.

Eagle Capital Management Llc reduced its stake in General Dynamics Corp (NYSE:GD) by 794,102 shares to 2,800 shares, valued at $522,000 in 2018Q2, according to the filing. It operates about $23.89 billion and $27.55B US Long portfolio. Eagle Capital Management Llc has cut its stake in Citigroup Inc (NYSE:C) and also reduced its holding in Ecolab Inc (NYSE:ECL) by 2.78M shares in the quarter, for a total of 5.00M shares.

There’s a substantial Barclays PLC (NYSE:BCS) news released by 247Wallst.com. It’s an item titled: “Top Analyst Upgrades and Downgrades: ArcelorMittal, Barclays, Cree, Ctrip.com, Michael Kors, PVH, Skyworks …” on November 09, 2018.

Barclays PLC (NYSE:BCS) Ratings Coverage

In total 3 analysts cover Barclays (NYSE:BCS). “Buy” rating has 1, “Sell” are 0, while 2 are “Hold”. (NYSE:BCS) has 33% bullish analysts. 3 are the (NYSE:BCS)’s ratings reports on 10 Nov 2018 according to StockzIntelligence Inc. On Tuesday, June 19 Bank of America downgraded Barclays PLC (NYSE:BCS) to “Neutral” rating. On Monday, October 1 the rating was upgraded by Berenberg to “Buy”. On Friday, November 9 the rating was downgraded by Credit Suisse to “Neutral”.

Barclays PLC (NYSE:BCS) Analyst Ratings Chart

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