Cambiar Investors LLC Sells 133,860 Shares of Barclays PLC (NYSE:BCS)

Cambiar Investors LLC lowered its stake in Barclays PLC (NYSE:BCS) by 7.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor 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 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. US Bancorp DE increased its stake in shares of Barclays by 29.9% in the 3rd quarter. US Bancorp DE now owns 190,432 shares of the financial services provider’s stock valued at $2,314,000 after buying an additional 43,786 shares during the period. Diversify Wealth Management LLC raised its holdings in Barclays by 8.6% during the 3rd quarter. Diversify Wealth Management LLC now owns 60,813 shares of the financial services provider’s stock worth $758,000 after purchasing an additional 4,821 shares during the last quarter. Diversify Advisory Services LLC acquired a new position in Barclays during the 3rd quarter valued at about $217,000. Modera Wealth Management LLC bought a new position in shares of Barclays in the 3rd quarter valued at about $156,000. Finally, Arkadios Wealth Advisors acquired a new stake in shares of Barclays during the 3rd quarter worth approximately $269,000. Institutional investors own 3.39% of the company’s stock.

Barclays Stock Performance

Shares of Barclays stock opened at $12.53 on Friday. Barclays PLC has a 12 month low of $6.48 and a 12 month high of $13.20. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 5.67. The company has a market capitalization of $45.59 billion, a PE ratio of 8.52 and a beta of 1.42. The stock’s fifty day simple moving average is $12.18 and its 200 day simple moving average is $11.41.

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

Analyst Upgrades and Downgrades

BCS has been the subject of a number of recent analyst reports. The Goldman Sachs Group began coverage on Barclays in a report on Tuesday, October 8th. They issued a “buy” rating for the company. StockNews.com upgraded shares of Barclays from a “buy” rating to a “strong-buy” rating in a research report on Tuesday. Finally, Kepler Capital Markets began coverage on shares of Barclays in a report on Thursday, September 5th. They set a “buy” rating for the company.

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.