Renaissance Technologies LLC lowered its stake in shares of Barclays PLC (NYSE:BCS) by 47.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 905,403 shares of the financial services provider’s stock after selling 823,100 shares during the period. Renaissance Technologies LLC’s holdings in Barclays PLC were worth $10,177,000 as of its most recent filing with the SEC.
Other hedge funds have also modified their holdings of the company. Dimensional Fund Advisors LP boosted its stake in shares of Barclays PLC by 4.8% in the first quarter. Dimensional Fund Advisors LP now owns 11,929,971 shares of the financial services provider’s stock valued at $134,093,000 after buying an additional 550,996 shares during the last quarter. NorthCoast Asset Management LLC acquired a new stake in shares of Barclays PLC during the first quarter valued at approximately $1,831,000. Ngam Advisors L.P. boosted its stake in shares of Barclays PLC by 8.6% in the first quarter. Ngam Advisors L.P. now owns 627,429 shares of the financial services provider’s stock valued at $7,052,000 after buying an additional 49,668 shares during the last quarter. CWH Capital Management Inc. boosted its stake in shares of Barclays PLC by 2.9% in the first quarter. CWH Capital Management Inc. now owns 265,755 shares of the financial services provider’s stock valued at $2,987,000 after buying an additional 7,580 shares during the last quarter. Finally, Columbia Asset Management boosted its stake in shares of Barclays PLC by 4.1% in the first quarter. Columbia Asset Management now owns 38,400 shares of the financial services provider’s stock valued at $431,000 after buying an additional 1,500 shares during the last quarter. Institutional investors own 2.47% of the company’s stock.
Barclays PLC (NYSE BCS) opened at 10.81 on Friday. The firm has a market capitalization of $45.74 billion, a price-to-earnings ratio of 23.50 and a beta of 0.93. Barclays PLC has a 52 week low of $7.79 and a 52 week high of $12.05. The company has a 50-day moving average of $10.59 and a 200-day moving average of $11.01.
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Several brokerages have commented on BCS. Morgan Stanley reiterated a “buy” rating on shares of Barclays PLC in a research report on Tuesday. BidaskClub upgraded shares of Barclays PLC from a “sell” rating to a “hold” rating in a research report on Wednesday, June 28th. ValuEngine upgraded shares of Barclays PLC from a “hold” rating to a “buy” rating in a research report on Tuesday, June 27th. J P Morgan Chase & Co upgraded shares of Barclays PLC from a “neutral” rating to an “overweight” rating in a research report on Thursday, June 1st. Finally, Zacks Investment Research cut shares of Barclays PLC from a “hold” rating to a “sell” rating in a research report on Tuesday, May 30th. Eight investment analysts have rated the stock with a sell rating, four have given a hold rating and eleven have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $10.09.
About Barclays PLC
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