KCG Holdings, Inc. Class A (KCG) Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. trimmed its position in KCG Holdings, Inc. Class A (NYSE:KCG) by 22.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,106,040 shares of the financial services provider’s stock after selling 1,514,938 shares during the period. Vanguard Group Inc. owned approximately 7.92% of KCG Holdings, Inc. Class A worth $101,815,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of KCG. Principal Financial Group Inc. bought a new stake in KCG Holdings, Inc. Class A during the 1st quarter worth approximately $212,000. Massachusetts Financial Services Co. MA grew its holdings in shares of KCG Holdings, Inc. Class A by 1.2% in the first quarter. Massachusetts Financial Services Co. MA now owns 12,996 shares of the financial services provider’s stock valued at $232,000 after acquiring an additional 154 shares in the last quarter. Legal & General Group Plc grew its holdings in shares of KCG Holdings, Inc. Class A by 7.7% in the second quarter. Legal & General Group Plc now owns 13,539 shares of the financial services provider’s stock valued at $270,000 after acquiring an additional 971 shares in the last quarter. BNP Paribas Arbitrage SA grew its holdings in shares of KCG Holdings, Inc. Class A by 61.2% in the second quarter. BNP Paribas Arbitrage SA now owns 14,224 shares of the financial services provider’s stock valued at $284,000 after acquiring an additional 5,399 shares in the last quarter. Finally, UBS Asset Management Americas Inc. grew its holdings in shares of KCG Holdings, Inc. Class A by 37.2% in the first quarter. UBS Asset Management Americas Inc. now owns 34,262 shares of the financial services provider’s stock valued at $611,000 after acquiring an additional 9,292 shares in the last quarter. 82.43% of the stock is owned by institutional investors and hedge funds.

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Several research firms have recently issued reports on KCG. BidaskClub lowered KCG Holdings, Inc. Class A from a “hold” rating to a “sell” rating in a report on Sunday, July 16th. Zacks Investment Research downgraded KCG Holdings, Inc. Class A from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 18th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a strong buy rating to the company’s stock. KCG Holdings, Inc. Class A presently has an average rating of “Hold” and an average price target of $20.00.

KCG Holdings, Inc. Class A (NYSE:KCG) traded up $0.03 during trading hours on Friday, hitting $20.00. The company’s stock had a trading volume of 371,300 shares, compared to its average volume of 781,123. KCG Holdings, Inc. Class A has a 12-month low of $12.21 and a 12-month high of $20.02. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.42.

KCG Holdings, Inc. Class A Company Profile

KCG Holdings, Inc is a holding company. The Company is an independent securities company offering investors a range of services designed to address trading needs across asset classes, product types and time zones. The Company combines technology with client service across market making, agency execution and venues.

Institutional Ownership by Quarter for KCG Holdings, Inc. Class A (NYSE:KCG)

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