Today: 2,803 Shares of Barclays PLC (BCS) are sold by Point View Wealth Management Inc.

Today: 2,803 Shares of Barclays PLC (BCS) are sold by Point View Wealth Management Inc.

Point View Wealth Management Inc. decreased its position in shares of Barclays PLC (NYSE:BCS) by 13.6% during the third quarter, Holdings Channel reports. The fund owned 17,880 shares of the financial services provider’s stock after selling 2,803 shares during the period. Point View Wealth Management Inc.’s holdings in Barclays PLC were worth $155,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. SG Americas Securities LLC boosted its position in shares of 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 in the last quarter. Fisher Asset Management LLC boosted its position in shares of 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 in the last quarter. Brigade Capital Management LP purchased a new position in shares of Barclays PLC during the second quarter valued at about $7,600,000. Conning Inc. purchased a new position in shares of Barclays PLC during the second quarter valued at about $994,000. Finally, CIBC World Markets Inc. boosted its position in shares of 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 in the last quarter. Institutional investors and hedge funds own 2.61% of the company’s stock.

Barclays PLC (NYSE:BCS) traded down 2.06% during midday trading on Monday, reaching $10.44. The company had a trading volume of 2,863,200 shares. The firm has a 50-day moving average of $9.35 and a 200 day moving average of $9.00. Barclays PLC has a 1-year low of $6.76 and a 1-year high of $14.13. The company’s market capitalization is $62.23 billion.

Several research analysts have recently issued reports on BCS shares. Investec cut shares of Barclays PLC from a “buy” rating to a “hold” rating in a report on Friday, November 11th. Vetr cut shares of Barclays PLC from a “strong-buy” rating to a “sell” rating and set a $8.22 target price on the stock. in a report on Monday, October 3rd. Exane BNP Paribas upgraded shares of Barclays PLC from a “neutral” rating to an “outperform” rating in a report on Monday, August 8th. Zacks Investment Research cut shares of Barclays PLC from a “buy” rating to a “hold” rating in a report on Friday, October 28th. Finally, Deutsche Bank AG restated a “hold” rating on shares of Barclays PLC in a report on Thursday, November 3rd. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $35.71.

About Barclays PLC

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.

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