Today: Today, Quantitative Investment Management LLC Invests $807,000 in Barclays PLC (BCS)

Today, Quantitative Investment Management LLC Invests $807,000 in Barclays PLC (BCS)

Quantitative Investment Management LLC bought a new stake in shares of Barclays PLC (NYSE:BCS) during the third quarter, Holdings Channel reports. The firm bought 92,900 shares of the financial services provider’s stock, valued at approximately $807,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. SG Americas Securities LLC raised its stake in Barclays PLC by 404.1% in the second quarter. SG Americas Securities LLC now owns 2,203,032 shares of the financial services provider’s stock valued at $16,743,000 after buying an additional 1,765,971 shares during the last quarter. Fisher Asset Management LLC raised its stake in Barclays PLC by 7.5% in the second quarter. Fisher Asset Management LLC now owns 23,244,449 shares of the financial services provider’s stock valued at $178,285,000 after buying an additional 1,630,534 shares during the last quarter. Brigade Capital Management LP acquired a new stake in Barclays PLC during the second quarter valued at $7,600,000. Conning Inc. acquired a new stake in Barclays PLC during the second quarter valued at $994,000. Finally, CIBC World Markets Inc. raised its stake in Barclays PLC by 121.6% in the second quarter. CIBC World Markets Inc. now owns 964,478 shares of the financial services provider’s stock valued at $7,330,000 after buying an additional 529,206 shares during the last quarter. Hedge funds and other institutional investors own 2.66% of the company’s stock.

Shares of Barclays PLC (NYSE:BCS) opened at 10.66 on Friday. Barclays PLC has a one year low of $6.76 and a one year high of $14.13. The firm’s market capitalization is $63.55 billion. The firm has a 50-day moving average of $9.35 and a 200-day moving average of $9.00.

BCS has been the subject of several recent research reports. Vetr upgraded shares of Barclays PLC from a “sell” rating to a “hold” rating and set a $8.22 target price for the company in a research note on Tuesday, October 11th. Zacks Investment Research upgraded shares of Barclays PLC from a “hold” rating to a “strong-buy” rating and set a $11.00 price target for the company in a research report on Friday, September 9th. Investec upgraded shares of Barclays PLC from a “hold” rating to a “buy” rating in a research report on Wednesday, October 19th. Citigroup Inc. restated a “sell” rating on shares of Barclays PLC in a research report on Wednesday, August 31st. Finally, Exane BNP Paribas upgraded shares of Barclays PLC from a “neutral” rating to an “outperform” rating in a research report on Monday, August 8th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company’s stock. Barclays PLC has a consensus rating of “Hold” and a consensus price target of $35.71.

Barclays PLC Company Profile

Barclays PLC is a global financial services holding company. The Company is engaged in retail banking, credit cards, wholesale banking, investment banking, wealth management and investment management services. The Company’s segments include Barclays UK and Barclays Corporate & International. The Barclays UK segment incorporates the UK Personal, small UK Corporate and UK Wealth businesses, and the Barclaycard UK consumer credit cards business.

Related posts

Leave a Comment