Barclays PLC (BCS) Shares Bought by World Asset Management Inc
World Asset Management Inc increased its stake in Barclays PLC (NYSE:BCS) by 8.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 282,434 shares of the financial services provider’s stock after buying an additional 21,474 shares during the period. World Asset Management Inc’s holdings in Barclays PLC were worth $2,454,000 at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of BCS. VNBTrust National Association increased its stake in Barclays PLC by 0.6% in the third quarter. VNBTrust National Association now owns 11,671 shares of the financial services provider’s stock valued at $101,000 after buying an additional 70 shares during the last quarter. Green Square Capital LLC bought a new stake in Barclays PLC during the second quarter valued at $102,000. First Allied Advisory Services Inc. bought a new stake in Barclays PLC during the second quarter valued at $110,000. Cypress Wealth Advisors LLC acquired a new stake in shares of Barclays PLC during the second quarter valued at approximately $113,000. Finally, Fox Run Management L.L.C. acquired a new stake in shares of Barclays PLC during the third quarter valued at approximately $124,000. 2.47% of the stock is owned by institutional investors and hedge funds.
Shares of Barclays PLC (NYSE:BCS) opened at 11.38 on Friday. The firm’s 50-day moving average price is $11.23 and its 200-day moving average price is $9.30. The company’s market cap is $67.84 billion. Barclays PLC has a 12 month low of $6.76 and a 12 month high of $12.05.
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Several equities research analysts have commented on BCS shares. Bank of America Corporation cut shares of Barclays PLC from a “neutral” rating to an “underperform” rating in a research report on Friday, December 9th. Vetr cut shares of Barclays PLC from a “strong-buy” rating to a “sell” rating and set a $8.22 price target on the stock. in a research report on Monday, October 3rd. HSBC upgraded shares of Barclays PLC from a “hold” rating to a “buy” rating and boosted their price target for the stock from $6.76 to $8.62 in a research report on Wednesday, September 21st. Deutsche Bank AG reiterated a “hold” rating on shares of Barclays PLC in a research report on Friday, September 16th. Finally, Zacks Investment Research cut shares of Barclays PLC from a “buy” rating to a “hold” rating in a research report on Friday, October 28th. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. Barclays PLC presently has a consensus rating of “Hold” and an average price target of $36.46.
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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