Cambiar Investors LLC Decreases Stock Holdings in Barclays PLC (NYSE:BCS)

Cambiar Investors LLC decreased its holdings in shares of Barclays PLC (NYSE:BCS) by 10.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,527,545 shares of the financial services provider’s stock after selling 180,738 shares during the period. Cambiar Investors LLC’s holdings in Barclays were worth $20,301,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Stonehage Fleming Financial Services Holdings Ltd acquired a new stake in shares of Barclays in the 4th quarter worth $599,000. Massachusetts Financial Services Co. MA purchased a new position in Barclays in the third quarter valued at approximately $3,647,000. Dorsey Wright & Associates acquired a new stake in Barclays during the 3rd quarter worth $3,276,000. Mount Yale Investment Advisors LLC acquired a new stake in Barclays during the 4th quarter worth $1,004,000. Finally, SG Americas Securities LLC acquired a new position in Barclays in the fourth quarter valued at $1,208,000. Hedge funds and other institutional investors own 3.39% of the company’s stock.

Barclays Stock Down 0.7 %

BCS stock opened at $14.97 on Tuesday. The company has a market cap of $53.99 billion, a P/E ratio of 10.18, a P/E/G ratio of 0.46 and a beta of 1.41. Barclays PLC has a 52 week low of $7.07 and a 52 week high of $15.32. The company’s 50-day moving average price is $13.77 and its 200 day moving average price is $12.78. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 5.67.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of Barclays from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 16th.

Barclays Profile

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.