Baader Bank Aktiengesellschaft lifted its position in Waterdrop Inc. Unsponsored ADR (NYSE:WDH - Free Report) by 28.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,660,910 shares of the company's stock after acquiring an additional 369,325 shares during the quarter. Baader Bank Aktiengesellschaft owned approximately 0.45% of Waterdrop worth $2,475,000 at the end of the most recent reporting period.
Separately, Jane Street Group LLC bought a new stake in shares of Waterdrop during the 4th quarter valued at $78,000. 1.96% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen lowered Waterdrop from a "buy" rating to a "hold" rating in a research note on Saturday, July 26th.
Read Our Latest Stock Analysis on Waterdrop
Waterdrop Price Performance
Waterdrop stock traded up $0.04 during mid-day trading on Friday, hitting $1.65. The company's stock had a trading volume of 230,242 shares, compared to its average volume of 515,393. The stock has a market cap of $598.09 million, a price-to-earnings ratio of 11.00 and a beta of -0.28. The business has a 50 day moving average price of $1.49 and a 200-day moving average price of $1.37. Waterdrop Inc. Unsponsored ADR has a 12 month low of $0.97 and a 12 month high of $2.17.
Waterdrop Profile
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Free Report)
Waterdrop Inc, through its subsidiaries, provides online insurance brokerage services to match and connect users with related insurance products underwritten by insurance companies in the People's Republic of China. The company offers short-term health and long-term health and life insurance products and services.
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