Credit Suisse AG cut its position in KCG Holdings, Inc. Class A (NYSE:KCG) by 1.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 103,148 shares of the financial services provider’s stock after selling 1,870 shares during the period. Credit Suisse AG’s holdings in KCG Holdings, Inc. Class A were worth $1,839,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in KCG. Norges Bank purchased a new position in KCG Holdings, Inc. Class A during the fourth quarter worth approximately $8,204,000. Yorktown Management & Research Co Inc purchased a new position in KCG Holdings, Inc. Class A during the first quarter worth approximately $193,000. Dimensional Fund Advisors LP increased its position in KCG Holdings, Inc. Class A by 7.3% in the first quarter. Dimensional Fund Advisors LP now owns 4,933,452 shares of the financial services provider’s stock worth $87,964,000 after buying an additional 334,821 shares in the last quarter. OMERS ADMINISTRATION Corp purchased a new position in KCG Holdings, Inc. Class A during the first quarter worth approximately $7,319,000. Finally, Teachers Advisors LLC increased its position in KCG Holdings, Inc. Class A by 2.5% in the fourth quarter. Teachers Advisors LLC now owns 81,885 shares of the financial services provider’s stock worth $1,085,000 after buying an additional 1,963 shares in the last quarter. Hedge funds and other institutional investors own 82.43% of the company’s stock.

Shares of KCG Holdings, Inc. Class A (NYSE:KCG) traded up 0.15% during midday trading on Friday, reaching $20.00. The company’s stock had a trading volume of 371,341 shares. 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 50-day moving average price of $19.98 and a 200-day moving average price of $18.05.

COPYRIGHT VIOLATION NOTICE: “Credit Suisse AG Reduces Stake in KCG Holdings, Inc. Class A (KCG)” was first posted by Daily Political and is owned by of Daily Political. If you are reading this story on another domain, it was illegally stolen and reposted in violation of United States & international copyright & trademark legislation. The original version of this story can be read at https://www.dailypolitical.com/2017/08/11/credit-suisse-ag-reduces-stake-in-kcg-holdings-inc-class-a-kcg.html.

A number of equities research analysts have issued reports on KCG shares. Sandler O’Neill cut KCG Holdings, Inc. Class A from a “buy” rating to a “hold” rating in a research report on Monday, April 24th. ValuEngine raised KCG Holdings, Inc. Class A from a “buy” rating to a “strong-buy” rating in a research report on Friday, June 2nd. Buckingham Research cut KCG Holdings, Inc. Class A from a “buy” rating to a “neutral” rating and set a $20.00 target price for the company. in a research report on Thursday, April 20th. Zacks Investment Research raised KCG Holdings, Inc. Class A from a “sell” rating to a “hold” rating in a research report on Thursday, June 15th. Finally, BidaskClub cut KCG Holdings, Inc. Class A from a “hold” rating to a “sell” rating in a research report on Sunday, July 16th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $17.33.

In related news, COO Nick Ogurtsov sold 58,549 shares of the business’s stock in a transaction that occurred on Wednesday, May 17th. The stock was sold at an average price of $19.85, for a total transaction of $1,162,197.65. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 9.40% of the stock is currently owned by insiders.

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.

Want to see what other hedge funds are holding KCG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for KCG Holdings, Inc. Class A (NYSE:KCG).

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

Receive News & Ratings for KCG Holdings Inc. Class A Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KCG Holdings Inc. Class A and related companies with MarketBeat.com's FREE daily email newsletter.