Jane Street Group LLC increased its stake in shares of Yatsen Holding Limited (NYSE:YSG - Free Report) by 113.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 104,785 shares of the company's stock after purchasing an additional 55,766 shares during the quarter. Jane Street Group LLC owned 0.10% of Yatsen worth $417,000 at the end of the most recent quarter.
Other large investors also recently bought and sold shares of the company. Barclays PLC increased its holdings in Yatsen by 6.9% during the 4th quarter. Barclays PLC now owns 174,156 shares of the company's stock worth $693,000 after purchasing an additional 11,187 shares during the period. Marshall Wace LLP purchased a new stake in Yatsen during the 4th quarter worth about $47,000. Arrowstreet Capital Limited Partnership purchased a new stake in Yatsen during the 4th quarter worth about $188,000. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Yatsen during the 4th quarter worth about $452,000. Finally, Russell Investments Group Ltd. purchased a new stake in Yatsen during the 4th quarter worth about $144,000.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen upgraded Yatsen from a "hold" rating to a "buy" rating in a report on Friday.
View Our Latest Analysis on Yatsen
Yatsen Price Performance
Shares of YSG traded up $0.00 during mid-day trading on Monday, reaching $5.51. The company's stock had a trading volume of 117,935 shares, compared to its average volume of 183,112. Yatsen Holding Limited has a 12-month low of $2.60 and a 12-month high of $6.13. The stock has a market cap of $505.96 million, a PE ratio of -5.06 and a beta of -2.60. The company's 50 day moving average is $4.46 and its 200 day moving average is $4.21.
Yatsen (NYSE:YSG - Get Free Report) last released its quarterly earnings data on Friday, May 16th. The company reported ($0.01) EPS for the quarter. Yatsen had a negative net margin of 24.65% and a negative return on equity of 11.65%. The business had revenue of $114.86 million during the quarter. As a group, sell-side analysts anticipate that Yatsen Holding Limited will post -0.32 EPS for the current fiscal year.
Yatsen declared that its board has approved a share repurchase plan on Friday, May 16th that allows the company to repurchase $0.00 in outstanding shares. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company's board believes its stock is undervalued.
Yatsen 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.
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