BTC Capital Management Inc. reduced its stake in Barclays PLC (NYSE:BCS) by 21.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 43,922 shares of the financial services provider’s stock after selling 12,103 shares during the period. BTC Capital Management Inc.’s holdings in Barclays PLC were worth $455,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds also recently modified their holdings of the company. Fox Run Management L.L.C. bought a new stake in shares of Barclays PLC in the second quarter valued at approximately $110,000. Park National Corp OH bought a new stake in shares of Barclays PLC in the third quarter valued at approximately $109,000. Advisor Partners LLC bought a new stake in shares of Barclays PLC in the second quarter valued at approximately $119,000. HPM Partners LLC boosted its stake in shares of Barclays PLC by 1.8% in the second quarter. HPM Partners LLC now owns 11,545 shares of the financial services provider’s stock valued at $122,000 after buying an additional 203 shares during the period. Finally, Well Done LLC bought a new stake in shares of Barclays PLC in the third quarter valued at approximately $130,000. Institutional investors and hedge funds own 2.52% of the company’s stock.
Shares of Barclays PLC (BCS) traded up $0.12 during trading hours on Tuesday, hitting $9.48. 730,550 shares of the stock traded hands, compared to its average volume of 2,963,819. The firm has a market capitalization of $40,221.52, a P/E ratio of 16.00, a PEG ratio of 0.62 and a beta of 0.92. The company has a quick ratio of 1.19, a current ratio of 1.21 and a debt-to-equity ratio of 3.78. Barclays PLC has a 52 week low of $9.29 and a 52 week high of $12.05.
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Several equities research analysts recently issued reports on the company. Goldman Sachs Group, Inc. (The) reiterated a “sell” rating on shares of Barclays PLC in a research note on Friday, August 11th. Deutsche Bank AG reiterated a “buy” rating on shares of Barclays PLC in a research note on Monday, August 14th. Zacks Investment Research cut Barclays PLC from a “buy” rating to a “hold” rating in a research note on Tuesday, October 31st. ValuEngine upgraded Barclays PLC from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Finally, Keefe, Bruyette & Woods upgraded Barclays PLC from an “underperform” rating to a “market perform” rating in a research note on Tuesday, October 31st. Five equities research analysts have rated the stock with a sell rating, six have issued a hold rating and eight have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $11.25.
Barclays PLC Profile
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