Euro Pacific Asset Management LLC Takes $2.37 Million Position in Joint Stock Company Kaspi.kz Sponsored ADR $KSPI

Euro Pacific Asset Management LLC acquired a new position in Joint Stock Company Kaspi.kz Sponsored ADR (NASDAQ:KSPI) during the 1st quarter, HoldingsChannel.com reports. The institutional investor acquired 31,680 shares of the company’s stock, valued at approximately $2,365,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Capricorn Fund Managers Ltd boosted its holdings in Joint Stock Company Kaspi.kz by 599.4% in the 1st quarter. Capricorn Fund Managers Ltd now owns 118,900 shares of the company’s stock valued at $8,807,000 after purchasing an additional 101,900 shares during the period. Advisory Services Network LLC increased its holdings in shares of Joint Stock Company Kaspi.kz by 15.3% during the 4th quarter. Advisory Services Network LLC now owns 3,787 shares of the company’s stock worth $296,000 after purchasing an additional 502 shares during the period. Public Employees Retirement System of Ohio increased its holdings in shares of Joint Stock Company Kaspi.kz by 16.4% during the 4th quarter. Public Employees Retirement System of Ohio now owns 167,125 shares of the company’s stock worth $13,057,000 after purchasing an additional 23,500 shares during the period. Russell Investments Group Ltd. raised its position in shares of Joint Stock Company Kaspi.kz by 21.4% during the fourth quarter. Russell Investments Group Ltd. now owns 186,320 shares of the company’s stock valued at $14,557,000 after buying an additional 32,820 shares during the last quarter. Finally, North of South Capital LLP acquired a new position in shares of Joint Stock Company Kaspi.kz during the fourth quarter valued at about $1,425,000. Institutional investors own 32.20% of the company’s stock.

Joint Stock Company Kaspi.kz Price Performance

KSPI opened at $87.91 on Friday. Joint Stock Company Kaspi.kz Sponsored ADR has a fifty-two week low of $68.59 and a fifty-two week high of $99.20. The firm’s fifty day moving average price is $87.06 and its two-hundred day moving average price is $80.85. The company has a market capitalization of $16.71 billion, a P/E ratio of 8.11 and a beta of 0.99.

Joint Stock Company Kaspi.kz Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, June 12th. Stockholders of record on Friday, June 12th were issued a dividend of $1.7978 per share. The ex-dividend date of this dividend was Friday, June 12th. This is a positive change from Joint Stock Company Kaspi.kz’s previous dividend of $1.76. Joint Stock Company Kaspi.kz’s payout ratio is 64.30%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on KSPI shares. Zacks Research raised Joint Stock Company Kaspi.kz from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 1st. Weiss Ratings raised Joint Stock Company Kaspi.kz from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $96.67.

About Joint Stock Company Kaspi.kz

Joint Stock Company Kaspi.kz is a leading financial technology and e-commerce group headquartered in Almaty, Kazakhstan. The company has built one of the country’s largest digital ecosystems, offering a suite of integrated services that span consumer banking, payments, online marketplaces and merchant acquiring. Through its mobile and web platforms, Kaspi.kz aims to simplify everyday financial and shopping activities for individuals and businesses across Kazakhstan.

The company’s core offerings include digital banking solutions such as deposit accounts, digital wallets and money transfers, alongside consumer lending products that enable point-of-sale financing and “buy now, pay later” purchases.