KBC Group SA (OTCMKTS:KBCSY) Short Interest Update

KBC Group SA (OTCMKTS:KBCSY) saw a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 1,666 shares, an increase of 378.7% from the January 15th total of 348 shares. Based on an average trading volume of 32,882 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 32,882 shares, the short-interest ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

A number of research firms have commented on KBCSY. Barclays downgraded shares of KBC Group from a “hold” rating to a “strong sell” rating in a research report on Tuesday, December 2nd. Morgan Stanley reaffirmed an “overweight” rating on shares of KBC Group in a report on Friday, November 14th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of KBC Group in a research report on Monday, November 17th. Finally, Citigroup reissued a “neutral” rating on shares of KBC Group in a research report on Monday, November 24th. One analyst has rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold”.

KBC Group Trading Down 1.8%

OTCMKTS KBCSY opened at $71.77 on Wednesday. KBC Group has a 12 month low of $38.90 and a 12 month high of $73.12. The stock has a market cap of $59.95 billion, a price-to-earnings ratio of 14.33, a PEG ratio of 1.10 and a beta of 0.54. The company’s 50 day moving average is $67.01 and its two-hundred day moving average is $61.89.

KBC Group (OTCMKTS:KBCSY) last announced its quarterly earnings data on Thursday, November 13th. The company reported $1.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.37 by $0.06. The firm had revenue of $3.61 billion during the quarter, compared to analysts’ expectations of $3.54 billion. KBC Group had a net margin of 15.91% and a return on equity of 13.96%. Sell-side analysts forecast that KBC Group will post 4.28 EPS for the current year.

KBC Group Company Profile

KBC Group is a Belgian bank-insurance group headquartered in Brussels that combines retail and commercial banking with life and non-life insurance, asset management, leasing and related financial services. The company operates an integrated bank-insurance model designed to serve both individual consumers and corporate clients, offering deposit accounts, lending and mortgage products, payment and treasury services, pension and protection insurance, investment solutions and wealth management.

The group’s banking activities include retail and private banking, corporate and commercial banking, and specialized finance such as leasing and factoring.