KCG Holdings, Inc. Class A (KCG) PT Raised to $16.00 at Barclays PLC
KCG Holdings, Inc. Class A (NYSE:KCG) had its price objective increased by stock analysts at Barclays PLC from $15.00 to $16.00 in a note issued to investors on Thursday. The brokerage presently has an “equal weight” rating on the stock. Barclays PLC’s price objective points to a potential upside of 6.24% from the stock’s previous close.
Separately, Zacks Investment Research upgraded KCG Holdings, Inc. Class A from a “hold” rating to a “buy” rating and set a $16.00 price target for the company in a research note on Wednesday, September 14th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the stock. KCG Holdings, Inc. Class A currently has a consensus rating of “Hold” and a consensus price target of $15.50.
KCG Holdings, Inc. Class A (NYSE:KCG) traded down 0.40% during midday trading on Thursday, reaching $15.06. The company had a trading volume of 351,668 shares. KCG Holdings, Inc. Class A has a 12 month low of $10.03 and a 12 month high of $15.70. The firm has a market capitalization of $1.30 billion, a PE ratio of 15.23 and a beta of 1.50. The firm’s 50-day moving average price is $14.81 and its 200 day moving average price is $13.92.
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KCG Holdings, Inc. Class A (NYSE:KCG) last announced its quarterly earnings results on Thursday, July 21st. The company reported $0.38 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.32 by $0.06. The company earned $319 million during the quarter, compared to analyst estimates of $280.16 million. KCG Holdings, Inc. Class A had a return on equity of 7.42% and a net margin of 6.75%. The firm’s revenue was up 22.1% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.18) earnings per share. Equities analysts anticipate that KCG Holdings, Inc. Class A will post $0.23 earnings per share for the current fiscal year.
Large investors have recently bought and sold shares of the stock. Quantbot Technologies LP bought a new stake in KCG Holdings, Inc. Class A during the second quarter worth about $107,000. Legal & General Group Plc raised its stake in KCG Holdings, Inc. Class A by 4.9% in the second quarter. Legal & General Group Plc now owns 9,350 shares of the company’s stock worth $123,000 after buying an additional 438 shares during the period. Teacher Retirement System of Texas raised its stake in KCG Holdings, Inc. Class A by 71.3% in the second quarter. Teacher Retirement System of Texas now owns 9,521 shares of the company’s stock worth $127,000 after buying an additional 3,962 shares during the period. C M Bidwell & Associates Ltd. bought a new stake in KCG Holdings, Inc. Class A during the second quarter worth about $128,000. Finally, Stevens Capital Management LP bought a new stake in KCG Holdings, Inc. Class A during the second quarter worth about $153,000. Institutional investors and hedge funds own 81.17% of the company’s stock.
KCG Holdings, Inc. Class A Company Profile
KCG Holdings, Inc is a holding company. The Company is an independent securities company offering investors a range of services designed to address trading needs across asset classes, product types and time zones. The Company combines technology with client service across market making, agency execution and venues.
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