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Barclays PLC Reduces Holdings in Charles River Laboratories International, Inc. $CRL
Barclays PLC significantly reduced its stake in Charles River Laboratories International, Inc. (NYSE:CRL) by 15.9% in the third quarter, selling 28,519 shares and holding 151,359 shares valued at $23.68 million. Despite this reduction, other institutional investors have either increased their holdings or initiated new positions in the medical research company. Charles River Laboratories International reported strong quarterly earnings, beating analyst estimates, and currently holds a “Moderate Buy” rating from analysts with an average target price of $203.57.