Barclays PLC (NYSE:BCS) Shares Sold by Cambiar Investors LLC

Cambiar Investors LLC lessened its holdings in shares of Barclays PLC (NYSE:BCS - Free Report) by 7.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,708,283 shares of the financial services provider's stock after selling 133,860 shares during the period. Cambiar Investors LLC's holdings in Barclays were worth $20,756,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Acadian Asset Management LLC grew its stake in shares of Barclays by 1,362.1% during the 2nd quarter. Acadian Asset Management LLC now owns 19,682,115 shares of the financial services provider's stock worth $210,762,000 after purchasing an additional 18,335,937 shares during the period. Renaissance Technologies LLC grew its position in Barclays by 190.9% during the second quarter. Renaissance Technologies LLC now owns 3,661,086 shares of the financial services provider's stock worth $39,210,000 after buying an additional 2,402,500 shares during the period. National Bank of Canada FI increased its holdings in Barclays by 6,028.3% in the first quarter. National Bank of Canada FI now owns 1,718,379 shares of the financial services provider's stock valued at $16,239,000 after buying an additional 1,690,339 shares in the last quarter. Sei Investments Co. lifted its position in shares of Barclays by 118.7% during the 2nd quarter. Sei Investments Co. now owns 2,709,312 shares of the financial services provider's stock valued at $29,017,000 after acquiring an additional 1,470,523 shares during the period. Finally, Duquesne Family Office LLC boosted its stake in shares of Barclays by 97.4% during the 2nd quarter. Duquesne Family Office LLC now owns 2,075,455 shares of the financial services provider's stock worth $22,228,000 after acquiring an additional 1,024,100 shares in the last quarter. Hedge funds and other institutional investors own 3.39% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on BCS shares. StockNews.com raised Barclays from a "buy" rating to a "strong-buy" rating in a report on Tuesday. The Goldman Sachs Group began coverage on Barclays in a research note on Tuesday, October 8th. They set a "buy" rating for the company. Finally, Kepler Capital Markets initiated coverage on shares of Barclays in a research note on Thursday, September 5th. They issued a "buy" rating on the stock.

Barclays Price Performance

BCS stock traded up $0.12 on Friday, reaching $12.53. The company had a trading volume of 10,123,248 shares, compared to its average volume of 14,625,426. The company's fifty day moving average is $12.18 and its 200 day moving average is $11.42. The company has a market cap of $45.61 billion, a P/E ratio of 8.52 and a beta of 1.42. The company has a debt-to-equity ratio of 5.67, a quick ratio of 1.35 and a current ratio of 1.35. Barclays PLC has a 1 year low of $6.48 and a 1 year high of $13.20.

Barclays (NYSE:BCS - Get Free Report) last issued its quarterly earnings data on Thursday, October 24th. The financial services provider reported $0.56 earnings per share (EPS) for the quarter. The business had revenue of $8.52 billion for the quarter. Barclays had a return on equity of 6.30% and a net margin of 17.83%. During the same quarter in the prior year, the company earned $0.42 earnings per share. On average, research analysts forecast that Barclays PLC will post 1.66 earnings per share for the current year.

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.