Cambiar Investors LLC Lowers Position in Barclays PLC (NYSE:BCS)

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

A number of other hedge funds also recently added to or reduced their stakes in the business. FMR LLC lifted its position in shares of Barclays by 11.6% during the third quarter. FMR LLC now owns 6,432,007 shares of the financial services provider’s stock valued at $78,149,000 after buying an additional 667,498 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new position in shares of Barclays during the third quarter valued at about $52,335,000. Raymond James & Associates increased its holdings in shares of Barclays by 11.9% during the third quarter. Raymond James & Associates now owns 4,007,379 shares of the financial services provider’s stock valued at $48,690,000 after acquiring an additional 426,815 shares in the last quarter. Natixis Advisors LLC increased its holdings in shares of Barclays by 286.1% during the third quarter. Natixis Advisors LLC now owns 3,565,033 shares of the financial services provider’s stock valued at $43,315,000 after acquiring an additional 2,641,608 shares in the last quarter. Finally, Crossmark Global Holdings Inc. increased its holdings in shares of Barclays by 2.7% during the third quarter. Crossmark Global Holdings Inc. now owns 1,384,348 shares of the financial services provider’s stock valued at $16,820,000 after acquiring an additional 36,513 shares in the last quarter. 3.39% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

Barclays Price Performance

Shares of NYSE:BCS opened at $14.97 on Tuesday. Barclays PLC has a twelve month low of $7.07 and a twelve month high of $15.32. The company’s 50 day moving average is $13.77 and its 200 day moving average 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. The company has a market cap of $53.99 billion, a PE ratio of 10.18, a price-to-earnings-growth ratio of 0.46 and a beta of 1.41.

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.