Lithium Americas (Argentina) Corp. (NYSE:LAAC) Shares Bought by Barclays PLC

Barclays PLC increased its position in Lithium Americas (Argentina) Corp. (NYSE:LAAC) by 30.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 92,438 shares of the company’s stock after buying an additional 21,388 shares during the period. Barclays PLC owned about 0.06% of Lithium Americas (Argentina) worth $301,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. General Motors Holdings LLC acquired a new position in shares of Lithium Americas (Argentina) in the 3rd quarter valued at $48,907,000. Intact Investment Management Inc. grew its stake in shares of Lithium Americas (Argentina) by 47.3% during the third quarter. Intact Investment Management Inc. now owns 510,200 shares of the company’s stock valued at $1,671,000 after acquiring an additional 163,800 shares in the last quarter. Van ECK Associates Corp raised its position in shares of Lithium Americas (Argentina) by 16.3% in the 3rd quarter. Van ECK Associates Corp now owns 3,041,365 shares of the company’s stock valued at $10,615,000 after purchasing an additional 426,419 shares in the last quarter. Decade Renewable Partners LP raised its holdings in Lithium Americas (Argentina) by 102.7% in the second quarter. Decade Renewable Partners LP now owns 547,625 shares of the company’s stock valued at $1,752,000 after acquiring an additional 277,500 shares in the last quarter. Finally, Geode Capital Management LLC grew its position in shares of Lithium Americas (Argentina) by 37.1% in the 3rd quarter. Geode Capital Management LLC now owns 65,252 shares of the company’s stock worth $214,000 after acquiring an additional 17,649 shares in the last quarter. Hedge funds and other institutional investors own 49.17% of the company’s stock.

Lithium Americas (Argentina) Stock Performance

NYSE:LAAC opened at $3.00 on Tuesday. Lithium Americas has a 1 year low of $2.07 and a 1 year high of $5.79. The business has a fifty day moving average of $3.03 and a 200-day moving average of $3.00. The stock has a market cap of $484.98 million, a price-to-earnings ratio of 0.38 and a beta of 1.35.

Lithium Americas (Argentina) Profile

Lithium Americas (Argentina) Corp. operates as a resource company. The company explores for lithium deposits. The company owns interests in the Cauchari-Olaroz project located in Jujuy province of Argentina. It also has a pipeline of development and exploration stage projects, including the Pastos Grandes project and the Sal de la Puna project located in Salta Province in northwestern Argentina.