Connor Clark & Lunn Investment Management Ltd. lifted its stake in shares of Yirendai Ltd. (NYSE:YRD - Free Report) by 15.2% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 393,987 shares of the technology company's stock after purchasing an additional 52,110 shares during the quarter. Connor Clark & Lunn Investment Management Ltd. owned 0.46% of Yirendai worth $2,711,000 as of its most recent SEC filing.
Several other large investors also recently modified their holdings of the stock. AXA S.A. grew its holdings in shares of Yirendai by 80.7% during the 4th quarter. AXA S.A. now owns 11,562 shares of the technology company's stock worth $55,000 after purchasing an additional 5,165 shares in the last quarter. Public Employees Retirement System of Ohio boosted its stake in Yirendai by 43.0% in the fourth quarter. Public Employees Retirement System of Ohio now owns 38,528 shares of the technology company's stock valued at $185,000 after buying an additional 11,583 shares in the last quarter. Two Sigma Investments LP acquired a new stake in Yirendai in the fourth quarter valued at about $61,000. Invesco Ltd. acquired a new stake in Yirendai in the fourth quarter valued at about $71,000. Finally, Atria Wealth Solutions Inc. acquired a new stake in Yirendai in the first quarter valued at about $103,000. 1.99% of the stock is owned by institutional investors and hedge funds.
Yirendai Price Performance
NYSE:YRD traded down $0.0250 during trading hours on Tuesday, hitting $6.0550. The company's stock had a trading volume of 28,030 shares, compared to its average volume of 129,826. The stock has a fifty day simple moving average of $6.08 and a 200-day simple moving average of $6.36. The company has a market capitalization of $523.19 million, a P/E ratio of 2.83 and a beta of 0.78. Yirendai Ltd. has a twelve month low of $4.22 and a twelve month high of $9.20.
Yirendai (NYSE:YRD - Get Free Report) last released its quarterly earnings data on Thursday, June 12th. The technology company reported $0.39 earnings per share for the quarter. The business had revenue of $214.22 million for the quarter. Yirendai had a return on equity of 14.33% and a net margin of 22.48%. Yirendai has set its Q2 2025 guidance at EPS.
About Yirendai
(
Free Report)
Yiren Digital Ltd. provides financial services through an AI-powered platform in China. Its platform provides a suite of financial and lifestyle services. The company offers financial services, which provides a portfolio of loan products to borrowers; insurance brokerage services; and consumption and lifestyle services, including non-financial products and services to meet various consumer needs.
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