Fifth Third Bancorp Sells 25,572 Shares of Barclays PLC (NYSE:BCS)

Fifth Third Bancorp lessened its position in Barclays PLC (NYSE:BCS - Free Report) by 32.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 54,145 shares of the financial services provider's stock after selling 25,572 shares during the period. Fifth Third Bancorp's holdings in Barclays were worth $720,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Brooklyn Investment Group purchased a new position in shares of Barclays in the fourth quarter worth approximately $26,000. Symphony Financial Ltd. Co. purchased a new position in shares of Barclays during the 3rd quarter worth $42,000. Versant Capital Management Inc bought a new stake in shares of Barclays during the 4th quarter valued at $44,000. Hexagon Capital Partners LLC increased its stake in shares of Barclays by 32.4% in the 3rd quarter. Hexagon Capital Partners LLC now owns 4,624 shares of the financial services provider's stock worth $56,000 after purchasing an additional 1,132 shares in the last quarter. Finally, GAMMA Investing LLC raised its holdings in Barclays by 42.6% in the 3rd quarter. GAMMA Investing LLC now owns 9,280 shares of the financial services provider's stock worth $113,000 after purchasing an additional 2,774 shares during the period. Hedge funds and other institutional investors own 3.39% of the company's stock.

Barclays Price Performance

NYSE:BCS traded up $0.15 on Thursday, reaching $14.82. 10,890,767 shares of the company's stock traded hands, compared to its average volume of 16,361,771. The stock has a 50-day simple moving average of $13.55 and a 200-day simple moving average of $12.63. Barclays PLC has a 12 month low of $7.07 and a 12 month high of $14.92. The firm has a market cap of $53.45 billion, a PE ratio of 10.09, a P/E/G ratio of 0.44 and a beta of 1.41. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 5.67.

Analyst Ratings Changes

BCS has been the subject of several recent research reports. The Goldman Sachs Group began coverage on Barclays in a report on Tuesday, October 8th. They set a "buy" rating for the company. StockNews.com lowered shares of Barclays from a "strong-buy" rating to a "buy" rating in a report on Thursday, January 16th.

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.