BW Gestao de Investimentos Ltda. Takes Position in KCG Holdings, Inc. Class A (NYSE:KCG)

BW Gestao de Investimentos Ltda. acquired a new stake in shares of KCG Holdings, Inc. Class A (NYSE:KCG) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 96,931 shares of the financial services provider’s stock, valued at approximately $1,933,000. KCG Holdings, Inc. Class A makes up approximately 0.5% of BW Gestao de Investimentos Ltda.’s investment portfolio, making the stock its 28th biggest holding.

A number of other hedge funds also recently modified their holdings of the stock. Dimensional Fund Advisors LP lifted its holdings in shares of KCG Holdings, Inc. Class A by 7.3% during 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 purchasing an additional 334,821 shares during the period. Longfellow Investment Management Co. LLC acquired a new stake in shares of KCG Holdings, Inc. Class A during the second quarter worth about $8,008,000. JPMorgan Chase & Co. raised its position in KCG Holdings, Inc. Class A by 12.5% during the second quarter. JPMorgan Chase & Co. now owns 1,887,501 shares of the financial services provider’s stock valued at $37,636,000 after acquiring an additional 209,465 shares in the last quarter. Vanguard Group Inc. raised its position in KCG Holdings, Inc. Class A by 39.3% during the first quarter. Vanguard Group Inc. now owns 6,620,978 shares of the financial services provider’s stock valued at $118,052,000 after acquiring an additional 1,868,898 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. raised its position in KCG Holdings, Inc. Class A by 17.4% during the first quarter. Schwab Charles Investment Management Inc. now owns 334,521 shares of the financial services provider’s stock valued at $5,965,000 after acquiring an additional 49,654 shares in the last quarter. 82.43% of the stock is currently owned by institutional investors.

KCG has been the subject of several recent research reports. Zacks Investment Research cut KCG Holdings, Inc. Class A from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 18th. BidaskClub cut KCG Holdings, Inc. Class A from a “hold” rating to a “sell” rating in a research report on Sunday, July 16th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $20.00.

KCG Holdings, Inc. Class A (NYSE:KCG) traded up 0.15% during trading on Friday, reaching $20.00. The company’s stock had a trading volume of 371,341 shares. The company has a 50 day moving average price of $19.99 and a 200-day moving average price of $18.25. KCG Holdings, Inc. Class A has a 52 week low of $12.21 and a 52 week high of $20.02.

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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.

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

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