Flossbach Von Storch SE lifted its position in shares of Joint Stock Company Kaspi.kz Sponsored ADR (NASDAQ:KSPI - Free Report) by 66.7% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 25,000 shares of the company's stock after buying an additional 10,000 shares during the quarter. Flossbach Von Storch SE's holdings in Joint Stock Company Kaspi.kz were worth $2,321,000 at the end of the most recent quarter.
A number of other large investors also recently modified their holdings of KSPI. Geode Capital Management LLC lifted its stake in shares of Joint Stock Company Kaspi.kz by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 167,451 shares of the company's stock valued at $15,859,000 after buying an additional 1,440 shares in the last quarter. Abacus FCF Advisors LLC purchased a new position in shares of Joint Stock Company Kaspi.kz during the 4th quarter valued at $684,000. Marshall Wace LLP lifted its stake in shares of Joint Stock Company Kaspi.kz by 1,095.0% during the 4th quarter. Marshall Wace LLP now owns 125,241 shares of the company's stock valued at $11,862,000 after buying an additional 114,761 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of Joint Stock Company Kaspi.kz by 8.5% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 313,992 shares of the company's stock valued at $29,154,000 after buying an additional 24,616 shares in the last quarter. Hedge funds and other institutional investors own 32.20% of the company's stock.
Wall Street Analyst Weigh In
Separately, Susquehanna lowered their target price on shares of Joint Stock Company Kaspi.kz from $140.00 to $130.00 and set a "positive" rating on the stock in a research note on Tuesday, May 13th.
Read Our Latest Stock Analysis on Joint Stock Company Kaspi.kz
Joint Stock Company Kaspi.kz Price Performance
KSPI stock traded down $1.90 during mid-day trading on Friday, hitting $81.47. The company had a trading volume of 171,014 shares, compared to its average volume of 299,065. The company has a market capitalization of $16.25 billion, a price-to-earnings ratio of 7.82 and a beta of 1.08. Joint Stock Company Kaspi.kz Sponsored ADR has a 12-month low of $77.80 and a 12-month high of $143.72. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.03. The company has a 50-day moving average price of $84.05 and a 200 day moving average price of $91.10.
Joint Stock Company Kaspi.kz Profile
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Free Report)
Joint Stock Company Kaspi.kz, together with its subsidiaries, provides payments, marketplace, and fintech solutions for consumers and merchants in the Republic of Kazakhstan. It operates through three segments: Payments Platform, Marketplace Platform, and Fintech Platform. The Payments Platform segment facilities transactions between customers and merchants.
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