Todays Report: The Ameriprise Financial Inc. Acquires 61,233 Shares of Bats Global Markets Inc (BATS)

The Ameriprise Financial Inc. Acquires 61,233  Shares of Bats Global Markets Inc (BATS)

Ameriprise Financial Inc. bought a new position in shares of Bats Global Markets Inc (NASDAQ:BATS) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 61,233 shares of the company’s stock, valued at approximately $1,573,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Royce & Associates LP purchased a new position in shares of Bats Global Markets during the second quarter worth approximately $128,000. Bank of New York Mellon Corp purchased a new position in shares of Bats Global Markets during the second quarter worth approximately $735,000. Albert D Mason Inc. purchased a new position in shares of Bats Global Markets during the second quarter worth approximately $1,059,000. First Trust Advisors LP purchased a new position in shares of Bats Global Markets during the second quarter worth approximately $1,297,000. Finally, Neuberger Berman Group LLC purchased a new position in shares of Bats Global Markets during the second quarter worth approximately $6,548,000.

Shares of Bats Global Markets Inc (NASDAQ:BATS) traded up 1.21% during mid-day trading on Friday, hitting $29.37. The stock had a trading volume of 1,292,483 shares. Bats Global Markets Inc has a 52 week low of $22.40 and a 52 week high of $33.00. The stock has a 50 day moving average price of $28.25 and a 200 day moving average price of $26.12.

Bats Global Markets (NASDAQ:BATS) last released its quarterly earnings results on Thursday, August 4th. The company reported $0.35 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.31 by $0.04. Equities research analysts anticipate that Bats Global Markets Inc will post $1.38 earnings per share for the current year.

A number of research analysts recently commented on the company. Goldman Sachs Group Inc. restated a “neutral” rating and issued a $25.00 target price on shares of Bats Global Markets in a research note on Wednesday, August 10th. Zacks Investment Research upgraded Bats Global Markets from a “hold” rating to a “buy” rating and set a $28.00 price objective for the company in a research note on Tuesday, July 12th. Barclays PLC increased their price objective on Bats Global Markets from $24.00 to $25.00 and gave the stock an “equal weight” rating in a research note on Friday, August 5th. RBC Capital Markets upgraded Bats Global Markets from an “underperform” rating to a “sector perform” rating and increased their price objective for the stock from $23.00 to $32.50 in a research note on Tuesday, September 27th. Finally, Raymond James Financial Inc. upgraded Bats Global Markets from an “underperform” rating to a “market perform” rating in a research note on Thursday, August 25th. Nine analysts have rated the stock with a hold rating, The company currently has a consensus rating of “Hold” and an average price target of $28.56.

About Bats Global Markets

BATS Global Markets, Inc (BATS) is an operator of exchanges and provider of services for financial markets. The Company facilitates securities trading and exchange traded products (ETP) listings for the United States and European equity securities and operates a United States options exchange. BATS serves the foreign exchange (FX) market, operating Hotspot, an institutional spot foreign exchange market.

Related posts

Leave a Comment