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

Barclays PLC raised its position in shares of CoreCard Co. (NYSE:CCRD) by 853.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,100 shares of the company’s stock after buying an additional 4,565 shares during the period. Barclays PLC owned about 0.06% of CoreCard worth $74,000 as of its most recent filing with the Securities and Exchange Commission.

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

Analyst Ratings Changes

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

CoreCard Stock Performance

Shares of CCRD opened at $22.09 on Friday. The firm has a fifty day simple moving average of $21.92 and a 200 day simple moving average of $16.56. The company has a current ratio of 4.90, a quick ratio of 4.90 and a debt-to-equity ratio of 0.04. CoreCard Co. has a 12 month low of $10.02 and a 12 month high of $24.97. The stock has a market capitalization of $174.50 million, a price-to-earnings ratio of 45.08 and a beta of 0.49.

CoreCard Company 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.