KCG Holdings Inc. (NYSE:KCG) was downgraded by stock analysts at TheStreet from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.

KCG has been the subject of a number of other research reports. Zacks Investment Research raised KCG Holdings from a “hold” rating to a “buy” rating and set a $16.00 target price for the company in a report on Wednesday, September 14th. Barclays PLC raised their target price on KCG Holdings from $15.00 to $16.00 and gave the company an “equal weight” rating in a report on Thursday, October 13th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $15.33.

Shares of KCG Holdings (NYSE:KCG) opened at 13.63 on Tuesday. KCG Holdings has a one year low of $10.03 and a one year high of $15.70. The company has a 50 day moving average of $14.22 and a 200-day moving average of $14.12. The stock has a market cap of $1.16 billion, a price-to-earnings ratio of 21.60 and a beta of 1.61.

KCG Holdings (NYSE:KCG) last issued its quarterly earnings results on Thursday, October 20th. The company reported ($0.13) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.08 by $0.21. KCG Holdings had a return on equity of 3.26% and a net margin of 4.83%. The company had revenue of $208.53 million for the quarter, compared to analyst estimates of $319.90 million. During the same period in the prior year, the business earned $0.24 earnings per share. KCG Holdings’s revenue for the quarter was down 44.7% compared to the same quarter last year. On average, analysts anticipate that KCG Holdings will post $0.23 earnings per share for the current year.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in KCG. Vanguard Group Inc. increased its position in KCG Holdings by 1.1% in the second quarter. Vanguard Group Inc. now owns 5,001,134 shares of the company’s stock valued at $66,515,000 after buying an additional 55,134 shares during the period. Dimensional Fund Advisors LP increased its position in KCG Holdings by 13.5% in the second quarter. Dimensional Fund Advisors LP now owns 3,828,291 shares of the company’s stock valued at $50,916,000 after buying an additional 455,899 shares during the period. JPMorgan Chase & Co. increased its position in KCG Holdings by 14.9% in the third quarter. JPMorgan Chase & Co. now owns 2,016,944 shares of the company’s stock valued at $31,323,000 after buying an additional 261,508 shares during the period. BlackRock Fund Advisors increased its position in KCG Holdings by 8.1% in the third quarter. BlackRock Fund Advisors now owns 1,495,418 shares of the company’s stock valued at $23,224,000 after buying an additional 112,458 shares during the period. Finally, BlackRock Institutional Trust Company N.A. increased its position in KCG Holdings by 1.0% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 1,456,071 shares of the company’s stock valued at $22,613,000 after buying an additional 14,358 shares during the period. 82.30% of the stock is owned by institutional investors and hedge funds.

KCG Holdings 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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