Janney Montgomery Scott LLC Sells 8,006 Shares of Barclays PLC (NYSE:BCS)

Janney Montgomery Scott LLC cut its position in shares of Barclays PLC (NYSE:BCS) by 20.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,324 shares of the financial services provider’s stock after selling 8,006 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Barclays were worth $416,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of BCS. Brooklyn Investment Group purchased a new stake in Barclays during the fourth quarter valued at about $26,000. Symphony Financial Ltd. Co. purchased a new stake in Barclays during the 3rd quarter valued at about $42,000. Versant Capital Management Inc bought a new position in Barclays during the 4th quarter worth approximately $44,000. GAMMA Investing LLC lifted its position in Barclays by 42.6% in the third quarter. GAMMA Investing LLC now owns 9,280 shares of the financial services provider’s stock valued at $113,000 after purchasing an additional 2,774 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of Barclays during the third quarter valued at approximately $120,000. 3.39% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of Barclays from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 16th.

Barclays Stock Down 0.7 %

NYSE BCS opened at $14.97 on Tuesday. Barclays PLC has a 1 year low of $7.07 and a 1 year high of $15.32. The stock has a market capitalization of $53.99 billion, a PE ratio of 10.18, a PEG ratio of 0.46 and a beta of 1.41. 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 business’s 50-day moving average is $13.77 and its 200 day moving average is $12.78.

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.