KCG Holdings (KCG) Earning Somewhat Favorable News Coverage, Analysis Finds

News coverage about KCG Holdings (NYSE:KCG) has been trending somewhat positive on Tuesday, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. KCG Holdings earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 60 out of 100, meaning that recent press coverage is somewhat likely to have an effect on the company’s share price in the next few days.

These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:

A number of research firms have recently commented on KCG. BidaskClub downgraded KCG Holdings from a “hold” rating to a “sell” rating in a research note on Sunday. Zacks Investment Research raised KCG Holdings from a “sell” rating to a “hold” rating in a research note on Thursday, June 15th. ValuEngine raised KCG Holdings from a “buy” rating to a “strong-buy” rating in a research report on Friday, June 2nd. Buckingham Research lowered KCG Holdings from a “buy” rating to a “neutral” rating and set a $20.00 target price on the stock. in a research report on Thursday, April 20th. Finally, Wells Fargo & Company lowered KCG Holdings from an “outperform” rating to a “market perform” rating in a research report on Monday, April 3rd. One analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $17.33.

KCG Holdings (NYSE:KCG) opened at 19.99 on Tuesday. The company’s 50-day moving average price is $19.88 and its 200 day moving average price is $16.79. The firm has a market capitalization of $1.26 billion, a price-to-earnings ratio of 7.25 and a beta of 1.50. KCG Holdings has a 52-week low of $12.21 and a 52-week high of $20.02.

KCG Holdings (NYSE:KCG) last released its quarterly earnings data on Thursday, April 20th. The financial services provider reported $0.05 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.04) by $0.09. The company had revenue of $255.40 million during the quarter, compared to the consensus estimate of $250.75 million. KCG Holdings had a net margin of 16.25% and a return on equity of 15.36%. KCG Holdings’s revenue for the quarter was down 26.1% on a year-over-year basis. During the same period last year, the firm earned $0.41 EPS. Equities analysts predict that KCG Holdings will post $0.23 earnings per share for the current fiscal year.

In related news, General Counsel John A. Mccarthy sold 26,951 shares of the firm’s stock in a transaction that occurred on Tuesday, May 2nd. The shares were sold at an average price of $19.94, for a total value of $537,402.94. Following the completion of the transaction, the general counsel now directly owns 61,829 shares of the company’s stock, valued at approximately $1,232,870.26. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Nick Ogurtsov sold 58,549 shares of the firm’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 disclosure for this sale can be found here. 9.40% of the stock is currently owned by company insiders.

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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.

Insider Buying and Selling by Quarter for KCG Holdings (NYSE:KCG)

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