SVB Wealth LLC decreased its position in shares of Barclays PLC (NYSE:BCS) by 21.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 17,729 shares of the financial services provider’s stock after selling 4,824 shares during the quarter. SVB Wealth LLC’s holdings in Barclays were worth $138,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of BCS. Balyasny Asset Management LLC lifted its holdings in Barclays by 268.6% during the 3rd quarter. Balyasny Asset Management LLC now owns 3,822,683 shares of the financial services provider’s stock worth $24,465,000 after buying an additional 2,785,466 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in Barclays by 326.2% during the 1st quarter. Renaissance Technologies LLC now owns 2,405,686 shares of the financial services provider’s stock worth $19,005,000 after buying an additional 1,841,259 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in shares of Barclays in the 1st quarter valued at $13,274,000. Teachers Retirement System of The State of Kentucky acquired a new position in shares of Barclays in the 3rd quarter valued at $9,335,000. Finally, Jane Street Group LLC lifted its stake in shares of Barclays by 611.0% in the 2nd quarter. Jane Street Group LLC now owns 1,678,838 shares of the financial services provider’s stock valued at $12,759,000 after purchasing an additional 1,442,726 shares during the period. Institutional investors and hedge funds own 3.32% of the company’s stock.
Wall Street Analysts Forecast Growth
BCS has been the topic of a number of analyst reports. Royal Bank of Canada raised Barclays from a “sector perform” rating to an “outperform” rating in a research note on Friday, May 12th. StockNews.com initiated coverage on Barclays in a research note on Thursday, May 18th. They issued a “buy” rating on the stock. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $215.00.
Barclays Price Performance
Barclays Profile
Barclays Plc operates as a bank holding company, which engages in the provision of retail banking, credit cards, corporate and investment banking, and wealth management services. The firm operates through Barclays UK and Barclays International segments. The Barclays UK segment consists the U.K. retail banking operations, U.K.
Further Reading
- Get a free copy of the StockNews.com research report on Barclays (BCS)
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