American Financial Group Inc. lessened its holdings in Barclays PLC (NYSE:BCS) by 50.7% in the 4th quarter, HoldingsChannel reports. The firm owned 374,000 shares of the financial services provider’s stock after selling 384,000 shares during the quarter. American Financial Group Inc.’s holdings in Barclays were worth $4,077,000 at the end of the most recent reporting period.
Several other institutional investors have also made changes to their positions in BCS. GSA Capital Partners LLP purchased a new position in shares of Barclays in the 2nd quarter valued at about $194,000. State Street Corp boosted its holdings in Barclays by 0.4% in the 2nd quarter. State Street Corp now owns 27,113 shares of the financial services provider’s stock worth $288,000 after buying an additional 100 shares during the last quarter. Sterling Capital Management LLC boosted its holdings in Barclays by 21.1% in the 2nd quarter. Sterling Capital Management LLC now owns 19,694 shares of the financial services provider’s stock worth $209,000 after buying an additional 3,437 shares during the last quarter. Fisher Asset Management LLC boosted its holdings in Barclays by 7.6% in the 3rd quarter. Fisher Asset Management LLC now owns 20,654,732 shares of the financial services provider’s stock worth $213,776,000 after buying an additional 1,467,037 shares during the last quarter. Finally, BB&T Corp boosted its holdings in Barclays by 10.3% in the 3rd quarter. BB&T Corp now owns 109,596 shares of the financial services provider’s stock worth $1,135,000 after buying an additional 10,245 shares during the last quarter. Hedge funds and other institutional investors own 2.51% of the company’s stock.
Several research firms recently issued reports on BCS. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Barclays in a report on Thursday, February 1st. ValuEngine cut Barclays from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Zacks Investment Research upgraded Barclays from a “sell” rating to a “hold” rating in a report on Monday, January 22nd. Morgan Stanley cut Barclays from an “overweight” rating to an “equal” rating in a report on Wednesday, January 10th. Finally, Keefe, Bruyette & Woods cut Barclays from a “market perform” rating to an “underperform” rating in a report on Thursday, January 11th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $11.25.
Barclays PLC (NYSE:BCS) opened at $11.33 on Monday. The firm has a market capitalization of $47,930.00, a P/E ratio of -94.42, a PEG ratio of 0.59 and a beta of 0.89. Barclays PLC has a twelve month low of $9.29 and a twelve month high of $12.02. The company has a current ratio of 1.21, a quick ratio of 1.19 and a debt-to-equity ratio of 3.78.
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Barclays PLC, is a global financial services holding company. The Company is engaged in 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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