Dimensional Fund Advisors LP lifted its stake in Yatsen Holding Limited (NYSE:YSG - Free Report) by 43.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 213,830 shares of the company's stock after buying an additional 64,416 shares during the period. Dimensional Fund Advisors LP owned about 0.21% of Yatsen worth $852,000 at the end of the most recent reporting period.
Other hedge funds have also made changes to their positions in the company. Yiheng Capital Management L.P. bought a new stake in shares of Yatsen in the fourth quarter valued at about $42,000. Marshall Wace LLP bought a new position in Yatsen during the fourth quarter worth about $47,000. XTX Topco Ltd lifted its stake in Yatsen by 165.6% during the fourth quarter. XTX Topco Ltd now owns 33,729 shares of the company's stock worth $134,000 after purchasing an additional 21,028 shares during the period. Russell Investments Group Ltd. bought a new position in Yatsen during the fourth quarter worth about $144,000. Finally, Arrowstreet Capital Limited Partnership bought a new position in Yatsen during the fourth quarter worth about $188,000.
Yatsen Stock Up 1.9%
YSG traded up $0.09 during midday trading on Thursday, reaching $4.92. 68,461 shares of the company's stock were exchanged, compared to its average volume of 187,739. The firm has a market capitalization of $451.83 million, a price-to-earnings ratio of -4.52 and a beta of -2.60. Yatsen Holding Limited has a one year low of $2.60 and a one year high of $6.13. The business has a 50-day simple moving average of $4.48 and a two-hundred day simple moving average of $4.16.
Yatsen (NYSE:YSG - Get Free Report) last announced its quarterly earnings results on Friday, May 16th. The company reported ($0.01) EPS for the quarter. The business had revenue of $114.86 million for the quarter. Yatsen had a negative return on equity of 11.65% and a negative net margin of 24.65%. As a group, research analysts anticipate that Yatsen Holding Limited will post -0.32 EPS for the current fiscal year.
Yatsen declared that its board has initiated a share repurchase plan on Friday, May 16th that permits the company to repurchase $0.00 in shares. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's management believes its stock is undervalued.
About Yatsen
(
Free Report)
Yatsen Holding Limited, together with its subsidiaries, engages in the development and sale of beauty products under the Perfect Diary, Little Ondine, Pink Bear, Abby's Choice, GalÃnic, DR.WU, Eve Lom, and EANTiM brands in the People's Republic of China. The company offers color cosmetics for lips, eyes, and face; skin care products, including face serums and creams, eye creams, masks, toners, makeup removers, cleansers, ampoules, and anti-acne patches; and beauty tools and kits, sunscreen products, and beauty devices.
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