Crossmark Global Holdings Inc. Sells 25,874 Shares of Barclays PLC (NYSE:BCS)

Crossmark Global Holdings Inc. decreased its stake in shares of Barclays PLC (NYSE:BCS) by 1.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 1,358,474 shares of the financial services provider’s stock after selling 25,874 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Barclays were worth $18,054,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Massachusetts Financial Services Co. MA bought a new position in shares of Barclays during the 3rd quarter worth about $3,647,000. Dorsey Wright & Associates acquired a new position in Barclays in the third quarter valued at about $3,276,000. Raymond James & Associates boosted its position in Barclays by 11.9% in the third quarter. Raymond James & Associates now owns 4,007,379 shares of the financial services provider’s stock valued at $48,690,000 after buying an additional 426,815 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in Barclays by 20.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 268,284 shares of the financial services provider’s stock valued at $3,260,000 after buying an additional 44,760 shares in the last quarter. Finally, Cerity Partners LLC boosted its position in Barclays by 101.3% in the third quarter. Cerity Partners LLC now owns 174,418 shares of the financial services provider’s stock valued at $2,119,000 after buying an additional 87,784 shares in the last quarter. Institutional investors own 3.39% of the company’s stock.

Barclays Trading Up 2.0 %

BCS opened at $14.28 on Tuesday. The company has a debt-to-equity ratio of 5.67, a current ratio of 1.35 and a quick ratio of 1.35. The company has a market cap of $51.51 billion, a price-to-earnings ratio of 9.71, a price-to-earnings-growth ratio of 0.38 and a beta of 1.41. The firm has a 50 day simple moving average of $13.33 and a 200 day simple moving average of $12.46. Barclays PLC has a fifty-two week low of $7.07 and a fifty-two week high of $14.29.

Barclays (NYSE:BCS) last issued its earnings results on Thursday, October 24th. The financial services provider reported $0.56 EPS for the quarter. Barclays had a net margin of 17.83% and a return on equity of 6.30%. The firm had revenue of $8.52 billion during the quarter. During the same period in the previous year, the company posted $0.42 EPS. On average, sell-side analysts anticipate that Barclays PLC will post 1.54 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. StockNews.com lowered shares of Barclays from a “strong-buy” rating to a “buy” rating in a research report on Thursday, January 16th. The Goldman Sachs Group started coverage on shares of Barclays in a research report on Tuesday, October 8th. They set a “buy” rating on the stock.

Barclays Company 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.