KCG Holdings Inc. (NYSE:KCG) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.

According to Zacks, “KCG Holdings, Inc. is a securities firm. It operates in three segments: Market Making, Global Execution Services and Corporate and Other. The company offers investors a range of services which designed to address trading needs across asset classes, product types and time zones. KCG Holdings, Inc. is headquartered in Jersey City, New Jersey. “

Several other research analysts also recently commented on KCG. TheStreet raised KCG Holdings from a “hold” rating to a “buy” rating in a report on Wednesday, May 25th. Buckingham Research initiated coverage on KCG Holdings in a report on Tuesday, June 7th. They issued a “buy” rating on the stock. Finally, Barclays PLC set a $15.00 target price on KCG Holdings and gave the stock a “hold” rating in a report on Tuesday, August 9th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. KCG Holdings has a consensus rating of “Hold” and an average target price of $15.25.

Shares of KCG Holdings (NYSE:KCG) opened at 14.40 on Tuesday. The stock has a 50 day moving average price of $14.55 and a 200 day moving average price of $13.52. KCG Holdings has a 12 month low of $10.03 and a 12 month high of $15.21. The firm has a market cap of $1.24 billion, a PE ratio of 14.56 and a beta of 1.52.

KCG Holdings (NYSE:KCG) last announced its earnings results on Thursday, July 21st. The company reported $0.38 EPS for the quarter, topping the consensus estimate of $0.32 by $0.06. The business had revenue of $319 million for the quarter, compared to the consensus estimate of $280.16 million. KCG Holdings had a return on equity of 7.42% and a net margin of 6.75%. KCG Holdings’s revenue was up 22.1% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.18) EPS. On average, equities research analysts expect that KCG Holdings will post $0.23 EPS for the current year.

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. KAMES CAPITAL plc purchased a new position in KCG Holdings during the second quarter valued at about $1,152,000. Hillsdale Investment Management Inc. acquired a new stake in shares of KCG Holdings during the second quarter valued at approximately $400,000. Legal & General Group Plc boosted its stake in shares of KCG Holdings by 4.9% in the second quarter. Legal & General Group Plc now owns 9,350 shares of the company’s stock valued at $123,000 after buying an additional 438 shares during the last quarter. Metropolitan Life Insurance Co. NY boosted its stake in shares of KCG Holdings by 59.8% in the second quarter. Metropolitan Life Insurance Co. NY now owns 38,878 shares of the company’s stock valued at $517,000 after buying an additional 14,543 shares during the last quarter. Finally, C M Bidwell & Associates Ltd. acquired a new stake in shares of KCG Holdings during the second quarter valued at approximately $128,000. 81.17% of the stock is currently owned by hedge funds and other institutional investors.

KCG Holdings 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.

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