California State Teachers Retirement System increased its position in shares of Freedom Holding Corp. (NASDAQ:FRHC - Free Report) by 153.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,512 shares of the company's stock after purchasing an additional 10,000 shares during the quarter. California State Teachers Retirement System's holdings in Freedom were worth $2,158,000 at the end of the most recent quarter.
Other hedge funds have also made changes to their positions in the company. Headlands Technologies LLC acquired a new stake in shares of Freedom during the 4th quarter worth about $30,000. Tower Research Capital LLC TRC increased its position in shares of Freedom by 27.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,065 shares of the company's stock worth $139,000 after purchasing an additional 232 shares in the last quarter. Aquatic Capital Management LLC increased its position in shares of Freedom by 555.5% during the 4th quarter. Aquatic Capital Management LLC now owns 1,311 shares of the company's stock worth $171,000 after purchasing an additional 1,111 shares in the last quarter. Walleye Capital LLC acquired a new stake in shares of Freedom during the 4th quarter worth about $221,000. Finally, Deutsche Bank AG grew its holdings in Freedom by 34.6% during the 4th quarter. Deutsche Bank AG now owns 1,986 shares of the company's stock worth $260,000 after acquiring an additional 510 shares during the last quarter. Institutional investors and hedge funds own 1.26% of the company's stock.
Freedom Price Performance
NASDAQ:FRHC traded up $0.96 during mid-day trading on Friday, reaching $155.93. 91,127 shares of the company were exchanged, compared to its average volume of 90,654. Freedom Holding Corp. has a 12 month low of $71.88 and a 12 month high of $185.00. The company has a fifty day moving average of $147.29 and a 200 day moving average of $139.34. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.40. The stock has a market cap of $9.14 billion, a PE ratio of 29.26 and a beta of 1.14.
About Freedom
(
Free Report)
Freedom Holding Corp., through its subsidiaries, provides securities brokerage, securities dealing, market making, investment research, investment counseling, and investment banking services. It offers retail brokerage services for exchange-traded and over-the-counter corporate equity and debt securities, money market instruments, exchange traded options and futures contracts, government bonds, and mutual funds; securities trading; underwriting services; margin lending services collateralized by securities and cash in the customer's account; various investment education and training courses; investment research services; and commercial banking services, including payment cards, digital mortgages, and digital business and digital auto loans, as well as Freedom Box, a package of payment acquiring services.
Featured Articles
Before you consider Freedom, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Freedom wasn't on the list.
While Freedom currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
