Barclays PLC Purchases 3,615 Shares of Computer Task Group, Incorporated (NASDAQ:CTG)

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Barclays PLC boosted its position in shares of Computer Task Group, Incorporated (NASDAQ:CTG) by 11,661.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,646 shares of the information technology services provider’s stock after purchasing an additional 3,615 shares during the quarter. Barclays PLC’s holdings in Computer Task Group were worth $29,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in the business. Raymond James & Associates raised its holdings in Computer Task Group by 174.0% during the 3rd quarter. Raymond James & Associates now owns 28,685 shares of the information technology services provider’s stock worth $229,000 after purchasing an additional 18,215 shares during the last quarter. Crescent Grove Advisors LLC increased its stake in shares of Computer Task Group by 53.6% in the 3rd quarter. Crescent Grove Advisors LLC now owns 308,133 shares of the information technology services provider’s stock valued at $2,459,000 after acquiring an additional 107,538 shares during the last quarter. Foundry Partners LLC increased its stake in shares of Computer Task Group by 8.6% in the 3rd quarter. Foundry Partners LLC now owns 237,710 shares of the information technology services provider’s stock valued at $1,897,000 after acquiring an additional 18,760 shares during the last quarter. Morgan Stanley increased its stake in shares of Computer Task Group by 7.0% in the 2nd quarter. Morgan Stanley now owns 33,300 shares of the information technology services provider’s stock valued at $322,000 after acquiring an additional 2,178 shares during the last quarter. Finally, Walleye Capital LLC bought a new stake in shares of Computer Task Group in the 2nd quarter valued at about $181,000. 53.52% of the stock is owned by hedge funds and other institutional investors.

Shares of CTG opened at $8.66 on Friday. The stock has a 50 day simple moving average of $8.91 and a 200 day simple moving average of $8.53. Computer Task Group, Incorporated has a 52-week low of $6.70 and a 52-week high of $11.68. The firm has a market capitalization of $132.87 million, a PE ratio of 18.83, a P/E/G ratio of 0.59 and a beta of 0.81.

A number of analysts have recently commented on CTG shares. Zacks Investment Research cut Computer Task Group from a “buy” rating to a “hold” rating in a research note on Tuesday, January 11th. StockNews.com started coverage on Computer Task Group in a research note on Monday, February 14th. They issued a “buy” rating for the company.

Computer Task Group Company Profile

Computer Task Group, Inc engages in the provision of information technology solutions and staffing services. The firm’s services encompass the information technology business solution life cycle, including phases for planning, developing, implementing, managing, and maintaining the information technology solution.

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Institutional Ownership by Quarter for Computer Task Group (NASDAQ:CTG)

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Barclays PLC Purchases 3,615 Shares of Computer Task Group, Incorporated (NASDAQ:CTG)

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