Renaissance Capital LLC lessened its holdings in shares of Joint Stock Company Kaspi.kz (NASDAQ:KSPI - Free Report) by 6.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 90,311 shares of the company's stock after selling 5,747 shares during the quarter. Joint Stock Company Kaspi.kz comprises approximately 5.6% of Renaissance Capital LLC's portfolio, making the stock its 6th biggest holding. Renaissance Capital LLC's holdings in Joint Stock Company Kaspi.kz were worth $8,553,000 at the end of the most recent quarter.
Separately, Public Employees Retirement System of Ohio purchased a new stake in Joint Stock Company Kaspi.kz during the 3rd quarter worth about $7,942,000. Institutional investors own 32.20% of the company's stock.
Wall Street Analyst Weigh In
A number of research analysts have weighed in on KSPI shares. Citigroup initiated coverage on Joint Stock Company Kaspi.kz in a report on Monday, November 4th. They set a "buy" rating and a $140.00 target price for the company. JPMorgan Chase & Co. decreased their target price on shares of Joint Stock Company Kaspi.kz from $154.00 to $137.00 and set an "overweight" rating on the stock in a report on Monday, December 2nd. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of $147.20.
Read Our Latest Analysis on KSPI
Joint Stock Company Kaspi.kz Trading Down 1.0 %
Shares of KSPI traded down $0.96 during trading hours on Friday, reaching $97.04. 172,321 shares of the company's stock traded hands, compared to its average volume of 217,205. Joint Stock Company Kaspi.kz has a 12 month low of $85.02 and a 12 month high of $143.72. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.96 and a current ratio of 0.96. The firm's 50 day simple moving average is $98.80 and its 200-day simple moving average is $110.01.
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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