Aware Super Pty Ltd as trustee of Aware Super Makes New Investment in Qifu Technology, Inc. (NASDAQ:QFIN)

Aware Super Pty Ltd as trustee of Aware Super bought a new stake in Qifu Technology, Inc. (NASDAQ:QFIN - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 114,542 shares of the company's stock, valued at approximately $4,396,000. Aware Super Pty Ltd as trustee of Aware Super owned about 0.07% of Qifu Technology at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Wrapmanager Inc. raised its stake in shares of Qifu Technology by 4.1% during the 4th quarter. Wrapmanager Inc. now owns 7,554 shares of the company's stock worth $290,000 after acquiring an additional 296 shares in the last quarter. Global Retirement Partners LLC lifted its holdings in shares of Qifu Technology by 80.2% during the 4th quarter. Global Retirement Partners LLC now owns 1,164 shares of the company's stock valued at $45,000 after purchasing an additional 518 shares during the last quarter. DGS Capital Management LLC boosted its position in shares of Qifu Technology by 5.9% in the 4th quarter. DGS Capital Management LLC now owns 11,413 shares of the company's stock worth $438,000 after purchasing an additional 631 shares in the last quarter. Jones Financial Companies Lllp purchased a new position in Qifu Technology during the 4th quarter worth $29,000. Finally, Lester Murray Antman dba SimplyRich increased its position in Qifu Technology by 5.7% during the 4th quarter. Lester Murray Antman dba SimplyRich now owns 14,288 shares of the company's stock valued at $548,000 after buying an additional 768 shares in the last quarter. 74.81% of the stock is currently owned by institutional investors.

Qifu Technology Stock Performance

Shares of NASDAQ QFIN traded down $0.92 during mid-day trading on Friday, hitting $35.62. The stock had a trading volume of 1,392,952 shares, compared to its average volume of 1,539,631. The company has a 50 day moving average of $41.55 and a two-hundred day moving average of $38.11. Qifu Technology, Inc. has a twelve month low of $17.95 and a twelve month high of $48.94. The firm has a market cap of $5.61 billion, a PE ratio of 7.21, a PEG ratio of 0.32 and a beta of 0.53.

Qifu Technology (NASDAQ:QFIN - Get Free Report) last announced its quarterly earnings data on Sunday, March 16th. The company reported $1.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.68 by $0.14. Qifu Technology had a return on equity of 24.39% and a net margin of 31.82%. The firm had revenue of $613.89 million during the quarter, compared to analysts' expectations of $581.67 million. Equities research analysts predict that Qifu Technology, Inc. will post 5.71 EPS for the current fiscal year.

Qifu Technology Increases Dividend

The firm also recently disclosed a semi-annual dividend, which will be paid on Monday, June 2nd. Stockholders of record on Wednesday, April 23rd will be issued a $0.70 dividend. This is an increase from Qifu Technology's previous semi-annual dividend of $0.60. This represents a dividend yield of 2.5%. The ex-dividend date is Wednesday, April 23rd. Qifu Technology's dividend payout ratio is 23.79%.

Wall Street Analysts Forecast Growth

Separately, Bank of America boosted their price target on Qifu Technology from $50.66 to $52.70 and gave the stock a "buy" rating in a research note on Wednesday, March 26th.

About Qifu Technology

Qifu Technology, Inc, through its subsidiaries, operates credit-tech platform under the 360 Jietiao brand in the People's Republic of China. It provides credit-driven services that matches borrowers with financial institutions to conduct customer acquisition, initial and credit screening, advanced risk assessment, credit assessment, fund matching, and other post-facilitation services; and platform services, including loan facilitation and post-facilitation services to financial institution partners under intelligence credit engine, referral services, and risk management software-as-a-service.