Jane Street Group LLC boosted its stake in Yatsen Holding Limited (NYSE:YSG - Free Report) by 113.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 104,785 shares of the company's stock after buying an additional 55,766 shares during the quarter. Jane Street Group LLC owned approximately 0.10% of Yatsen worth $417,000 as of its most recent SEC filing.
Other large investors have also bought and sold shares of the company. Yiheng Capital Management L.P. bought a new stake in shares of Yatsen in the 4th quarter worth $42,000. Marshall Wace LLP purchased a new position in Yatsen during the fourth quarter worth about $47,000. XTX Topco Ltd grew its position in Yatsen by 165.6% in the 4th quarter. XTX Topco Ltd now owns 33,729 shares of the company's stock worth $134,000 after purchasing an additional 21,028 shares in the last quarter. Russell Investments Group Ltd. bought a new stake in Yatsen in the 4th quarter worth about $144,000. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in Yatsen in the 4th quarter valued at about $188,000.
Analyst Ratings Changes
Separately, Wall Street Zen raised Yatsen from a "hold" rating to a "buy" rating in a report on Friday, May 30th.
Get Our Latest Stock Report on Yatsen
Yatsen Stock Performance
NYSE:YSG traded up $0.70 during trading on Wednesday, reaching $6.44. The company's stock had a trading volume of 723,430 shares, compared to its average volume of 185,223. Yatsen Holding Limited has a 12 month low of $2.60 and a 12 month high of $6.47. The firm has a market cap of $593.89 million, a price-to-earnings ratio of -5.91 and a beta of -2.40. The firm has a 50 day moving average of $4.50 and a 200-day moving average of $4.25.
Yatsen (NYSE:YSG - Get Free Report) last posted its quarterly earnings results on Friday, May 16th. The company reported ($0.01) earnings per share for the quarter. Yatsen had a negative net margin of 24.65% and a negative return on equity of 11.65%. The company had revenue of $114.86 million for the quarter. Equities research analysts forecast that Yatsen Holding Limited will post -0.32 earnings per share for the current fiscal year.
Yatsen declared that its Board of Directors has approved a share repurchase plan on Friday, May 16th that permits the company to buyback $0.00 in outstanding shares. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are often a sign that the company's board of directors believes its shares are undervalued.
Yatsen Company Profile
(
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.
Featured Articles
Before you consider Yatsen, 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 Yatsen wasn't on the list.
While Yatsen currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
