RNC Capital Management LLC Sells 770 Shares of Barclays PLC (NYSE:BCS)

RNC Capital Management LLC trimmed its stake in Barclays PLC (NYSE:BCS) by 2.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 31,935 shares of the financial services provider’s stock after selling 770 shares during the period. RNC Capital Management LLC’s holdings in Barclays were worth $424,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Brooklyn Investment Group bought a new position in shares of Barclays in the 4th quarter worth $26,000. Symphony Financial Ltd. Co. bought a new position in shares of Barclays in the 3rd quarter worth $42,000. Versant Capital Management Inc bought a new position in shares of Barclays in the 4th quarter worth $44,000. Hexagon Capital Partners LLC raised its position in shares of Barclays by 32.4% in the 3rd quarter. Hexagon Capital Partners LLC now owns 4,624 shares of the financial services provider’s stock worth $56,000 after acquiring an additional 1,132 shares in the last quarter. Finally, GAMMA Investing LLC raised its position in shares of Barclays by 42.6% in the 3rd quarter. GAMMA Investing LLC now owns 9,280 shares of the financial services provider’s stock worth $113,000 after acquiring an additional 2,774 shares in the last quarter. 3.39% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com lowered Barclays from a “strong-buy” rating to a “buy” rating in a research report on Thursday, January 16th.

Barclays Trading Up 2.9 %

Shares of NYSE:BCS opened at $15.29 on Friday. The business’s 50-day moving average is $13.70 and its 200 day moving average is $12.73. Barclays PLC has a 1 year low of $7.07 and a 1 year high of $15.32. The firm has a market capitalization of $55.15 billion, a P/E ratio of 10.40, a P/E/G ratio of 0.44 and a beta of 1.40. The company has a debt-to-equity ratio of 5.67, a current ratio of 1.35 and a quick ratio of 1.35.

Barclays Profile

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.