Channing Global Advisors LLC Sells 13,225 Shares of Barclays PLC (NYSE:BCS)

Channing Global Advisors LLC lessened its holdings in shares of Barclays PLC (NYSE:BCS) by 27.5% during the 4th quarter, HoldingsChannel reports. The firm owned 34,814 shares of the financial services provider’s stock after selling 13,225 shares during the period. Channing Global Advisors LLC’s holdings in Barclays were worth $463,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brooklyn Investment Group acquired a new stake in Barclays in the 4th quarter valued at approximately $26,000. Activest Wealth Management acquired a new stake in Barclays in the 4th quarter valued at approximately $33,000. Symphony Financial Ltd. Co. acquired a new stake in Barclays in the 3rd quarter valued at approximately $42,000. Versant Capital Management Inc acquired a new stake in Barclays in the 4th quarter valued at approximately $44,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Barclays during the 3rd quarter worth approximately $120,000. Institutional investors and hedge funds own 3.39% of the company’s stock.

Analyst Ratings Changes

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

Barclays Stock Up 1.7 %

BCS stock opened at $15.24 on Wednesday. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 5.67. The firm has a market capitalization of $54.97 billion, a PE ratio of 10.36, a PEG ratio of 0.46 and a beta of 1.41. Barclays PLC has a 1-year low of $7.07 and a 1-year high of $15.32. The business’s 50 day simple moving average is $13.84 and its 200 day simple moving average is $12.83.

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.