Zacks Investment Research lowered shares of KCG Holdings, Inc. (NYSE:KCG) from a hold rating to a sell rating in a research note released on Monday morning.

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. “

A number of other brokerages have also recently issued reports on KCG. TheStreet cut KCG Holdings from a buy rating to a hold rating in a research report on Tuesday, November 15th. Wells Fargo & Company reaffirmed an outperform rating on shares of KCG Holdings in a research report on Tuesday, November 29th. One analyst has rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the stock. KCG Holdings presently has an average rating of Hold and an average price target of $16.00.

KCG Holdings (NYSE:KCG) opened at 14.33 on Monday. KCG Holdings has a one year low of $10.17 and a one year high of $15.70. The stock’s 50 day moving average is $14.00 and its 200 day moving average is $14.26. The firm has a market cap of $1.12 billion, a P/E ratio of 4.82 and a beta of 1.63.

KCG Holdings (NYSE:KCG) last announced its earnings results on Thursday, January 19th. The company reported $2.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.45 by $0.02. The firm earned $580.50 million during the quarter, compared to analysts’ expectations of $287.80 million. KCG Holdings had a return on equity of 17.07% and a net margin of 17.58%. The company’s revenue was up 119.9% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.05) earnings per share. On average, equities research analysts expect that KCG Holdings will post $0.23 earnings per share for the current year.

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Large investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP boosted its stake in shares of KCG Holdings by 15.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,598,631 shares of the company’s stock worth $60,932,000 after buying an additional 603,419 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of KCG Holdings by 14.9% in the third quarter. JPMorgan Chase & Co. now owns 2,016,944 shares of the company’s stock worth $31,323,000 after buying an additional 261,508 shares during the period. State Street Corp raised its position in shares of KCG Holdings by 6.5% in the fourth quarter. State Street Corp now owns 1,064,593 shares of the company’s stock worth $14,105,000 after buying an additional 65,091 shares during the period. Prudential Financial Inc. raised its position in shares of KCG Holdings by 16.4% in the third quarter. Prudential Financial Inc. now owns 798,446 shares of the company’s stock worth $12,399,000 after buying an additional 112,526 shares during the period. Finally, Penn Capital Management Co. Inc. raised its position in shares of KCG Holdings by 2.2% in the third quarter. Penn Capital Management Co. Inc. now owns 518,855 shares of the company’s stock worth $8,063,000 after buying an additional 10,925 shares during the period.

About KCG Holdings

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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