Sumitomo Mitsui Trust Holdings Inc. Takes $64.05 Million Position in Joint Stock Company Kaspi.kz (NASDAQ:KSPI)

Sumitomo Mitsui Trust Holdings Inc. purchased a new position in shares of Joint Stock Company Kaspi.kz (NASDAQ:KSPIFree Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 497,912 shares of the company’s stock, valued at approximately $64,051,000. Sumitomo Mitsui Trust Holdings Inc. owned 0.26% of Joint Stock Company Kaspi.kz as of its most recent filing with the Securities and Exchange Commission (SEC).

Wall Street Analyst Weigh In

Several analysts recently commented on the company. New Street Research began coverage on Joint Stock Company Kaspi.kz in a report on Tuesday, May 7th. They issued a “buy” rating and a $175.00 target price on the stock. JPMorgan Chase & Co. assumed coverage on shares of Joint Stock Company Kaspi.kz in a research note on Monday, March 11th. They issued an “overweight” rating and a $159.00 price objective on the stock.

View Our Latest Analysis on Joint Stock Company Kaspi.kz

Joint Stock Company Kaspi.kz Stock Down 1.2 %

NASDAQ KSPI opened at $132.53 on Friday. The business’s 50 day simple moving average is $124.58. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.04. Joint Stock Company Kaspi.kz has a one year low of $85.02 and a one year high of $136.38.

Joint Stock Company Kaspi.kz (NASDAQ:KSPIGet Free Report) last posted its quarterly earnings results on Tuesday, April 30th. The company reported $2.53 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.57 by ($0.04). The business had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.18 billion. On average, equities analysts predict that Joint Stock Company Kaspi.kz will post 12.47 EPS for the current year.

Joint Stock Company Kaspi.kz Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, May 23rd. Shareholders of record on Friday, May 24th were paid a $1.9154 dividend. This is an increase from Joint Stock Company Kaspi.kz’s previous dividend of $1.90. The ex-dividend date of this dividend was Thursday, May 23rd.

Joint Stock Company Kaspi.kz Profile

(Free Report)

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.

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