Barclays PLC Has $74,000 Position in CoreCard Co. (NYSE:CCRD)

Barclays PLC grew its holdings in CoreCard Co. (NYSE:CCRD) by 853.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,100 shares of the company’s stock after purchasing an additional 4,565 shares during the quarter. Barclays PLC owned about 0.06% of CoreCard worth $74,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in CCRD. American Century Companies Inc. lifted its holdings in shares of CoreCard by 3.1% in the 2nd quarter. American Century Companies Inc. now owns 34,920 shares of the company’s stock worth $509,000 after purchasing an additional 1,061 shares in the last quarter. Victory Capital Management Inc. lifted its stake in shares of CoreCard by 46.0% in the second quarter. Victory Capital Management Inc. now owns 5,684 shares of the company’s stock valued at $83,000 after buying an additional 1,790 shares in the last quarter. FMR LLC grew its holdings in shares of CoreCard by 72.0% during the third quarter. FMR LLC now owns 6,511 shares of the company’s stock valued at $95,000 after buying an additional 2,725 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of CoreCard during the second quarter worth about $145,000. Finally, Cubist Systematic Strategies LLC acquired a new stake in shares of CoreCard in the 2nd quarter worth about $160,000. Institutional investors own 43.90% of the company’s stock.

CoreCard Stock Down 0.3 %

CoreCard stock opened at $23.63 on Friday. The firm has a 50 day moving average price of $20.76 and a 200-day moving average price of $15.98. The company has a quick ratio of 4.90, a current ratio of 4.90 and a debt-to-equity ratio of 0.04. CoreCard Co. has a twelve month low of $10.02 and a twelve month high of $24.97. The company has a market capitalization of $186.70 million, a P/E ratio of 48.22 and a beta of 0.49.

Wall Street Analyst Weigh In

Separately, B. Riley cut CoreCard from a “buy” rating to a “neutral” rating and cut their target price for the company from $19.00 to $15.00 in a research report on Thursday, October 3rd.

CoreCard Profile

CoreCard Corporation, together with its subsidiaries, offers technology solutions and processing services to the financial technology and services market in the United States, Europe, and the Middle East. It designs, develops, and markets a suite of software solutions to program managers, accounts receivable businesses, financial institutions, retailers, and processors to manage their credit and debit cards, prepaid cards, private label cards, fleet cards, buy now pay later programs, loyalty programs, and accounts receivable and loan transactions.