Barclays PLC (BCS) Shares Sold by Brave Asset Management Inc.

Brave Asset Management Inc. trimmed its holdings in Barclays PLC (NYSE:BCS) by 24.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 74,660 shares of the financial services provider’s stock after selling 24,032 shares during the period. Brave Asset Management Inc.’s holdings in Barclays were worth $773,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of the business. Park National Corp OH acquired a new position in shares of Barclays during the third quarter worth about $109,000. Advisor Partners LLC acquired a new position in shares of Barclays during the second quarter worth about $119,000. HPM Partners LLC boosted its position in shares of Barclays by 1.8% during the second quarter. HPM Partners LLC now owns 11,545 shares of the financial services provider’s stock worth $122,000 after buying an additional 203 shares during the period. Well Done LLC acquired a new position in shares of Barclays during the third quarter worth about $130,000. Finally, ACG Wealth acquired a new position in shares of Barclays during the third quarter worth about $130,000. 2.48% of the stock is owned by hedge funds and other institutional investors.

Several research analysts have recently weighed in on BCS shares. Zacks Investment Research raised Barclays from a “hold” rating to a “buy” rating and set a $11.00 price objective for the company in a research report on Tuesday, October 10th. ValuEngine raised Barclays from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Deutsche Bank reaffirmed a “buy” rating on shares of Barclays in a research report on Monday, August 14th. J P Morgan Chase & Co reaffirmed a “buy” rating on shares of Barclays in a research report on Monday, November 20th. Finally, Bank of America raised Barclays from an “underperform” rating to a “buy” rating in a research report on Monday, November 20th. Four analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $11.25.

Shares of Barclays PLC (NYSE BCS) opened at $10.38 on Tuesday. Barclays PLC has a twelve month low of $9.29 and a twelve month high of $12.05. The stock has a market capitalization of $43,715.34, a PE ratio of 14.87, a P/E/G ratio of 0.68 and a beta of 0.95. The company has a current ratio of 1.21, a quick ratio of 1.19 and a debt-to-equity ratio of 3.78.

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Barclays Company Profile

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Institutional Ownership by Quarter for Barclays (NYSE:BCS)

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