Baillie Gifford & Co. lessened its holdings in shares of Joint Stock Company Kaspi.kz (NASDAQ:KSPI - Free Report) by 3.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,491,504 shares of the company's stock after selling 157,980 shares during the period. Baillie Gifford & Co. owned 2.25% of Joint Stock Company Kaspi.kz worth $425,390,000 at the end of the most recent reporting period.
Separately, Public Employees Retirement System of Ohio acquired a new position in Joint Stock Company Kaspi.kz during the 3rd quarter valued at about $7,942,000. 32.20% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on the stock. Citigroup assumed coverage on shares of Joint Stock Company Kaspi.kz in a research note on Monday, November 4th. They set a "buy" rating and a $140.00 target price for the company. JPMorgan Chase & Co. reduced their target price on shares of Joint Stock Company Kaspi.kz from $154.00 to $137.00 and set an "overweight" rating for the company in a research note on Monday, December 2nd.
Read Our Latest Stock Report on KSPI
Joint Stock Company Kaspi.kz Stock Performance
KSPI stock traded down $0.22 on Thursday, hitting $104.00. 557,942 shares of the company's stock traded hands, compared to its average volume of 271,025. Joint Stock Company Kaspi.kz has a 1-year low of $86.24 and a 1-year high of $143.72. The stock has a fifty day moving average of $97.95 and a 200-day moving average of $108.25. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.04.
About Joint Stock Company Kaspi.kz
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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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