Amova Asset Management Americas Inc. Has $23.10 Million Stock Position in Joint Stock Company Kaspi.kz Sponsored ADR $KSPI

Amova Asset Management Americas Inc. reduced its position in shares of Joint Stock Company Kaspi.kz Sponsored ADR (NASDAQ:KSPI) by 8.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 295,469 shares of the company’s stock after selling 28,434 shares during the period. Amova Asset Management Americas Inc.’s holdings in Joint Stock Company Kaspi.kz were worth $23,103,000 as of its most recent SEC filing.

Separately, SG Americas Securities LLC acquired a new position in Joint Stock Company Kaspi.kz during the 4th quarter worth approximately $306,000. 32.20% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised Joint Stock Company Kaspi.kz from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, May 11th. One analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Joint Stock Company Kaspi.kz has an average rating of “Hold” and an average price target of $96.67.

Joint Stock Company Kaspi.kz Trading Down 2.6%

Shares of NASDAQ KSPI opened at $78.10 on Wednesday. The stock has a fifty day simple moving average of $84.45 and a two-hundred day simple moving average of $78.92. Joint Stock Company Kaspi.kz Sponsored ADR has a 1-year low of $68.59 and a 1-year high of $99.20. The firm has a market cap of $14.84 billion, a price-to-earnings ratio of 7.20 and a beta of 0.99.

Joint Stock Company Kaspi.kz (NASDAQ:KSPI) last posted its quarterly earnings results on Sunday, February 15th. The company reported $2.84 EPS for the quarter. Joint Stock Company Kaspi.kz had a return on equity of 43.80% and a net margin of 24.89%.The firm had revenue of $2.26 billion during the quarter. Analysts forecast that Joint Stock Company Kaspi.kz Sponsored ADR will post 12.23 EPS for the current year.

Joint Stock Company Kaspi.kz Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, April 16th. Shareholders of record on Thursday, April 16th were paid a dividend of $1.7595 per share. The ex-dividend date of this dividend was Thursday, April 16th. Joint Stock Company Kaspi.kz’s payout ratio is 16.33%.

Joint Stock Company Kaspi.kz Profile

Joint Stock Company Kaspi.kz is a leading financial technology and e-commerce group headquartered in Almaty, Kazakhstan. The company has built one of the country’s largest digital ecosystems, offering a suite of integrated services that span consumer banking, payments, online marketplaces and merchant acquiring. Through its mobile and web platforms, Kaspi.kz aims to simplify everyday financial and shopping activities for individuals and businesses across Kazakhstan.

The company’s core offerings include digital banking solutions such as deposit accounts, digital wallets and money transfers, alongside consumer lending products that enable point-of-sale financing and “buy now, pay later” purchases.