Channing Global Advisors LLC Has $463,000 Stake in Barclays PLC (NYSE:BCS)

Channing Global Advisors LLC trimmed its position in Barclays PLC (NYSE:BCS) by 27.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,814 shares of the financial services provider’s stock after selling 13,225 shares during the quarter. Channing Global Advisors LLC’s holdings in Barclays were worth $463,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Stonehage Fleming Financial Services Holdings Ltd acquired a new position in Barclays during the fourth quarter worth $599,000. Massachusetts Financial Services Co. MA bought a new position in Barclays in the third quarter valued at about $3,647,000. Dorsey Wright & Associates bought a new position in Barclays in the third quarter valued at about $3,276,000. Mount Yale Investment Advisors LLC bought a new position in Barclays in the fourth quarter valued at about $1,004,000. Finally, SG Americas Securities LLC bought a new position in Barclays in the fourth quarter valued at about $1,208,000. 3.39% of the stock is currently owned by institutional investors and hedge funds.

Barclays Price Performance

Shares of BCS opened at $15.24 on Wednesday. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 5.67. Barclays PLC has a 1 year low of $7.07 and a 1 year high of $15.32. The stock has a market cap of $54.97 billion, a P/E ratio of 10.36, a price-to-earnings-growth ratio of 0.46 and a beta of 1.41. The stock’s 50-day moving average price is $13.84 and its two-hundred day moving average price is $12.83.

Wall Street Analyst Weigh In

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

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.