Nikko Asset Management Americas Inc. Lowers Stake in Joint Stock Company Kaspi.kz (NASDAQ:KSPI)

Nikko Asset Management Americas Inc. reduced its holdings in shares of Joint Stock Company Kaspi.kz (NASDAQ:KSPI) by 15.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 288,929 shares of the company’s stock after selling 52,138 shares during the period. Nikko Asset Management Americas Inc. owned approximately 0.14% of Joint Stock Company Kaspi.kz worth $27,364,000 as of its most recent filing with the SEC.

Separately, Public Employees Retirement System of Ohio purchased a new position in Joint Stock Company Kaspi.kz during the 3rd quarter worth $7,942,000. Hedge funds and other institutional investors own 32.20% of the company’s stock.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. reduced their target price on shares of Joint Stock Company Kaspi.kz from $154.00 to $137.00 and set an “overweight” rating for the company in a research note on Monday, December 2nd.

Joint Stock Company Kaspi.kz Stock Up 0.7 %

KSPI stock opened at $95.62 on Monday. Joint Stock Company Kaspi.kz has a one year low of $86.24 and a one year high of $143.72. The stock has a market capitalization of $19.08 billion, a PE ratio of 9.23 and a beta of 1.28. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.96 and a current ratio of 0.96. The company has a fifty day moving average of $98.61 and a 200-day moving average of $105.43.

Joint Stock Company Kaspi.kz Company Profile

Joint Stock Company Kaspi.kz, together with its subsidiaries, provides payments, marketplace, and fintech solutions for consumers and merchants in the Republic of Kazakhstan. It operates through three segments: Payments Platform, Marketplace Platform, and Fintech Platform. The Payments Platform segment facilities transactions between customers and merchants.