Paradigm Asset Management Co. LLC Sells 1,000 Shares of Barclays PLC (NYSE:BCS)

Paradigm Asset Management Co. LLC trimmed its position in shares of Barclays PLC (NYSE:BCS) by 14.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,700 shares of the financial services provider’s stock after selling 1,000 shares during the quarter. Paradigm Asset Management Co. LLC’s holdings in Barclays were worth $69,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of BCS. Acadian Asset Management LLC raised its holdings in Barclays by 1,362.1% in the 2nd quarter. Acadian Asset Management LLC now owns 19,682,115 shares of the financial services provider’s stock worth $210,762,000 after acquiring an additional 18,335,937 shares during the last quarter. Raymond James & Associates raised its holdings in Barclays by 11.9% in the 3rd quarter. Raymond James & Associates now owns 4,007,379 shares of the financial services provider’s stock worth $48,690,000 after acquiring an additional 426,815 shares during the last quarter. Renaissance Technologies LLC raised its holdings in Barclays by 190.9% in the 2nd quarter. Renaissance Technologies LLC now owns 3,661,086 shares of the financial services provider’s stock worth $39,210,000 after acquiring an additional 2,402,500 shares during the last quarter. Sei Investments Co. raised its holdings in Barclays by 118.7% in the 2nd quarter. Sei Investments Co. now owns 2,709,312 shares of the financial services provider’s stock worth $29,017,000 after acquiring an additional 1,470,523 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in Barclays by 4.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,358,375 shares of the financial services provider’s stock worth $25,258,000 after acquiring an additional 105,857 shares during the last quarter. 3.39% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. The Goldman Sachs Group assumed coverage on shares of Barclays in a report on Tuesday, October 8th. They issued a “buy” rating for the company. StockNews.com lowered shares of Barclays from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, November 6th. Finally, Kepler Capital Markets assumed coverage on shares of Barclays in a research note on Thursday, September 5th. They set a “buy” rating for the company.

Barclays Trading Down 1.9 %

NYSE:BCS opened at $13.22 on Wednesday. The company has a debt-to-equity ratio of 5.67, a current ratio of 1.35 and a quick ratio of 1.35. The firm has a market capitalization of $48.12 billion, a price-to-earnings ratio of 8.99 and a beta of 1.41. Barclays PLC has a one year low of $6.68 and a one year high of $13.57. The business has a fifty day moving average price of $12.30 and a 200-day moving average price of $11.59.

Barclays (NYSE:BCS) last posted its quarterly earnings data on Thursday, October 24th. The financial services provider reported $0.56 EPS for the quarter. The firm had revenue of $8.52 billion during the quarter. Barclays had a return on equity of 6.30% and a net margin of 17.83%. During the same quarter last year, the company earned $0.42 earnings per share. Sell-side analysts forecast that Barclays PLC will post 1.66 EPS for the current year.

About Barclays

Barclays PLC provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International division segments. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.