Sumitomo Mitsui Trust Group Inc. grew its position in shares of Joint Stock Company Kaspi.kz Sponsored ADR (NASDAQ:KSPI - Free Report) by 8.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 313,992 shares of the company's stock after buying an additional 24,616 shares during the period. Sumitomo Mitsui Trust Group Inc. owned 0.16% of Joint Stock Company Kaspi.kz worth $29,154,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Geode Capital Management LLC raised its stake in Joint Stock Company Kaspi.kz by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 167,451 shares of the company's stock valued at $15,859,000 after acquiring an additional 1,440 shares during the period. Marshall Wace LLP increased its stake in shares of Joint Stock Company Kaspi.kz by 1,095.0% in the fourth quarter. Marshall Wace LLP now owns 125,241 shares of the company's stock worth $11,862,000 after purchasing an additional 114,761 shares in the last quarter. Finally, Abacus FCF Advisors LLC bought a new stake in shares of Joint Stock Company Kaspi.kz in the fourth quarter valued at approximately $684,000. Institutional investors own 32.20% of the company's stock.
Analysts Set New Price Targets
Separately, Susquehanna cut their price objective on shares of Joint Stock Company Kaspi.kz from $140.00 to $130.00 and set a "positive" rating for the company in a report on Tuesday, May 13th.
Read Our Latest Research Report on KSPI
Joint Stock Company Kaspi.kz Price Performance
KSPI traded up $0.37 during trading on Friday, reaching $84.75. 119,258 shares of the company were exchanged, compared to its average volume of 297,933. 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's 50-day moving average is $84.67 and its two-hundred day moving average is $91.60. 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 market cap of $16.91 billion, a price-to-earnings ratio of 8.13 and a beta of 1.08.
Joint Stock Company Kaspi.kz Profile
(
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.
Read More
Before you consider Joint Stock Company Kaspi.kz, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Joint Stock Company Kaspi.kz wasn't on the list.
While Joint Stock Company Kaspi.kz currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
