10,580 Shares in Qiwi Plc (QIWI) Acquired by Ameriprise Financial Inc.

Ameriprise Financial Inc. acquired a new stake in shares of Qiwi Plc (NASDAQ:QIWI) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,580 shares of the credit services provider’s stock, valued at approximately $260,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. KCG Holdings Inc. acquired a new stake in shares of Qiwi Plc in the 1st quarter worth about $200,000. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Qiwi Plc in the 2nd quarter worth about $201,000. Wells Fargo & Company MN raised its holdings in shares of Qiwi Plc by 110.5% in the 2nd quarter. Wells Fargo & Company MN now owns 15,378 shares of the credit services provider’s stock worth $380,000 after acquiring an additional 8,073 shares during the last quarter. Eqis Capital Management Inc. raised its holdings in shares of Qiwi Plc by 24.8% in the 2nd quarter. Eqis Capital Management Inc. now owns 22,434 shares of the credit services provider’s stock worth $554,000 after acquiring an additional 4,461 shares during the last quarter. Finally, SG Americas Securities LLC raised its holdings in shares of Qiwi Plc by 63.4% in the 2nd quarter. SG Americas Securities LLC now owns 32,684 shares of the credit services provider’s stock worth $807,000 after acquiring an additional 12,684 shares during the last quarter. Hedge funds and other institutional investors own 13.34% of the company’s stock.

A number of equities research analysts recently weighed in on the stock. ValuEngine upgraded shares of Qiwi Plc from a “hold” rating to a “buy” rating in a report on Saturday, October 21st. Zacks Investment Research upgraded shares of Qiwi Plc from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 18th. VTB Capital upgraded shares of Qiwi Plc from a “hold” rating to a “buy” rating in a report on Friday, August 18th. BidaskClub lowered shares of Qiwi Plc from a “sell” rating to a “strong sell” rating in a report on Tuesday, August 15th. Finally, Citigroup Inc. lowered shares of Qiwi Plc from a “buy” rating to a “neutral” rating in a report on Wednesday, July 26th. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $22.67.

Shares of Qiwi Plc (QIWI) opened at $16.98 on Friday. Qiwi Plc has a 52-week low of $11.60 and a 52-week high of $26.55. The stock has a market cap of $1,040.00, a PE ratio of 14.32 and a beta of 3.33.

ILLEGAL ACTIVITY NOTICE: “10,580 Shares in Qiwi Plc (QIWI) Acquired by Ameriprise Financial Inc.” was posted by Community Financial News and is owned by of Community Financial News. If you are reading this news story on another site, it was stolen and reposted in violation of US and international copyright and trademark laws. The original version of this news story can be viewed at https://www.com-unik.info/2017/11/18/10580-shares-in-qiwi-plc-qiwi-acquired-by-ameriprise-financial-inc.html.

Qiwi Plc Profile

QIWI plc is a provider of payment services in Russia and the Commonwealth of Independent States (CIS). The Company’s network enables payment services across physical, online and mobile channels. The Company operates in target markets and customer segments. As of December 31, 2016, the Company had deployed over 17.2 million virtual wallets, over 162,000 kiosks and terminals, and enabled merchants to accept over Russian rubles 70 billion cash and electronic payments monthly.

Institutional Ownership by Quarter for Qiwi Plc (NASDAQ:QIWI)

What are top analysts saying about Qiwi Plc? - 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 Qiwi Plc 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