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New Big Money Means Barclays plc ADR (BCS) Investors Could Reap Benefit

Barclays plc ADR (NYSE: BCS) is 8.95% higher on its value in year-to-date trading and has touched a low of $7.07 and a high of $14.92 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BCS stock was last observed hovering at around $14.90 in the last trading session, with the day’s loss setting it -0.42%.

Currently trading at $14.48, the stock is 7.37% and 8.21% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 16.52 million and changing -2.82% at the moment leaves the stock 22.09% off its SMA200. BCS registered 96.74% gain for a year compared to 6-month gain of 20.77%. The firm has a 50-day simple moving average (SMA 50) of $13.3808 and a 200-day simple moving average (SMA200) of $11.8604.

The stock witnessed a 11.56% loss in the last 1 month and extending the period to 3 months gives it a 12.77%, and is 11.13% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.95% over the week and 1.77% over the month.

Barclays plc ADR (BCS) has around 92900 employees, a market worth around $52.13B and $32.25B in sales. Current P/E ratio is 9.78 and Fwd P/E is 7.05. Profit margin for the company is 16.81%. Distance from 52-week low is 104.81% and -2.95% from its 52-week high. The company has generated returns on investments over the last 12 months (2.13%).

The EPS is expected to grow by 29.09% this year

417.0 institutions hold shares in Barclays plc ADR (BCS), with institutional investors hold 5.56% of the company’s shares. The shares outstanding are 3.64B, and float is at 3.41B with Short Float at 0.34%. Institutions hold 5.56% of the Float.

The top institutional shareholder in the company is ARROWSTREET CAPITAL, LIMITED PARTNERSHIP with over 29.98 million shares valued at $321.09 million. The investor’s holdings represent 0.2001 of the BCS Shares outstanding. As of 2024-06-30, the second largest holder is ACADIAN ASSET MANAGEMENT LLC with 19.68 million shares valued at $210.76 million to account for 0.1314 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 17.49 million shares representing 0.1167 and valued at over $187.33 million, while DIMENSIONAL FUND ADVISORS LP holds 0.0974 of the shares totaling 14.59 million with a market value of $156.23 million.

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