KCG Holdings, Inc. Class A (NYSE:KCG) Earning Somewhat Favorable News Coverage, Report Shows
News stories about KCG Holdings, Inc. Class A (NYSE:KCG) have been trending somewhat positive this week, Accern reports. Accern ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. KCG Holdings, Inc. Class A earned a media sentiment score of 0.04 on Accern’s scale. Accern also assigned news stories about the financial services provider an impact score of 45.5755361957088 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
- Navios Maritime Midstream Partners LP (NAP) Just Recorded A Sigfniciant Decline (ismboard.com)
- KCG Holdings Inc. Has $311000 Position in Annaly Capital Management Inc (NLY) (campdesrecrues.com)
- KCG Holdings Inc. Sells 4268 Shares of Reliance Steel & Aluminum Co. (RS) (footballhebdo.com)
- KCG Holdings, Inc. Class A (KCG) Receives Average Recommendation of “Hold” from Analysts (americanbankingnews.com)
- [$$] Virtu Financial closes KCG’s European prop trading business (finance.yahoo.com)
KCG Holdings, Inc. Class A (NYSE KCG) opened at 20.00 on Monday. The company has a 50-day moving average price of $19.96 and a 200-day moving average price of $17.82. KCG Holdings, Inc. Class A has a one year low of $12.21 and a one year high of $20.02.
KCG has been the subject of a number of recent analyst reports. Sandler O’Neill lowered KCG Holdings, Inc. Class A from a “buy” rating to a “hold” rating in a report on Monday, April 24th. ValuEngine raised KCG Holdings, Inc. Class A from a “buy” rating to a “strong-buy” rating in a report on Friday, June 2nd. Buckingham Research lowered KCG Holdings, Inc. Class A from a “buy” rating to a “neutral” rating and set a $20.00 price objective for the company. in a report on Thursday, April 20th. Zacks Investment Research raised KCG Holdings, Inc. Class A from a “sell” rating to a “hold” rating in a report on Thursday, June 15th. Finally, BidaskClub lowered KCG Holdings, Inc. Class A from a “hold” rating to a “sell” rating in a report on Sunday, July 16th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a strong buy rating to the company’s stock. KCG Holdings, Inc. Class A has an average rating of “Hold” and a consensus price target of $17.33.
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In related news, COO Nick Ogurtsov sold 58,549 shares of the firm’s stock in a transaction that occurred on Wednesday, May 17th. The shares were sold at an average price of $19.85, for a total value of $1,162,197.65. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 9.40% of the company’s stock.
About KCG Holdings, Inc. Class A
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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