Nationwide Fund Advisors Cuts Holdings in KCG Holdings, Inc. Class A (KCG)

Nationwide Fund Advisors lessened its holdings in shares of KCG Holdings, Inc. Class A (NYSE:KCG) by 5.0% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 37,536 shares of the financial services provider’s stock after selling 1,991 shares during the quarter. Nationwide Fund Advisors owned about 0.06% of KCG Holdings, Inc. Class A worth $748,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Principal Financial Group Inc. bought a new position in KCG Holdings, Inc. Class A during the first quarter worth about $212,000. Legal & General Group Plc boosted its position in KCG Holdings, Inc. Class A by 7.7% during the second quarter. Legal & General Group Plc now owns 13,539 shares of the financial services provider’s stock worth $270,000 after purchasing an additional 971 shares during the period. BNP Paribas Arbitrage SA boosted its position in KCG Holdings, Inc. Class A by 61.2% during the second quarter. BNP Paribas Arbitrage SA now owns 14,224 shares of the financial services provider’s stock worth $284,000 after purchasing an additional 5,399 shares during the period. GABELLI & Co INVESTMENT ADVISERS INC. bought a new position in KCG Holdings, Inc. Class A during the second quarter worth about $615,000. Finally, State of Wisconsin Investment Board boosted its position in KCG Holdings, Inc. Class A by 98.1% during the second quarter. State of Wisconsin Investment Board now owns 31,000 shares of the financial services provider’s stock worth $618,000 after purchasing an additional 15,349 shares during the period. Hedge funds and other institutional investors own 82.43% of the company’s stock.

KCG Holdings, Inc. Class A (KCG) opened at 20.00 on Monday. KCG Holdings, Inc. Class A has a 12 month low of $12.21 and a 12 month high of $20.02. The firm’s 50-day moving average is $19.99 and its 200-day moving average is $18.25.

COPYRIGHT VIOLATION WARNING: “Nationwide Fund Advisors Cuts Holdings in KCG Holdings, Inc. Class A (KCG)” was first published by Community Financial News and is the sole property of of Community Financial News. If you are reading this piece of content on another website, it was stolen and reposted in violation of U.S. & international trademark & copyright legislation. The legal version of this piece of content can be read at https://www.com-unik.info/2017/10/30/nationwide-fund-advisors-cuts-holdings-in-kcg-holdings-inc-class-a-kcg.html.

A number of equities analysts have weighed in on KCG shares. Zacks Investment Research lowered shares of KCG Holdings, Inc. Class A from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 18th. BidaskClub lowered shares of KCG Holdings, Inc. Class A from a “hold” rating to a “sell” rating in a research report on Sunday, July 16th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $20.00.

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.

Institutional Ownership by Quarter for KCG Holdings, Inc. Class A (NYSE:KCG)

What are top analysts saying about KCG Holdings Inc. Class A? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for KCG Holdings Inc. Class A and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit