Millennium Management LLC purchased a new position in shares of Freedom Holding Corp. (NASDAQ:FRHC - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 16,301 shares of the company's stock, valued at approximately $2,130,000.
A number of other large investors have also recently bought and sold shares of the business. Marshall Wace LLP bought a new stake in Freedom in the 4th quarter valued at about $10,589,000. D. E. Shaw & Co. Inc. increased its holdings in shares of Freedom by 1,127.2% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 64,369 shares of the company's stock valued at $8,412,000 after acquiring an additional 59,124 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Freedom by 286.0% during the fourth quarter. JPMorgan Chase & Co. now owns 34,213 shares of the company's stock worth $4,471,000 after purchasing an additional 25,350 shares during the period. BNP Paribas Financial Markets bought a new position in shares of Freedom in the 4th quarter worth $1,534,000. Finally, PDT Partners LLC acquired a new stake in Freedom in the 4th quarter valued at $1,478,000. 1.26% of the stock is currently owned by institutional investors and hedge funds.
Freedom Stock Up 1.8%
FRHC stock traded up $2.71 during midday trading on Thursday, reaching $154.97. 132,304 shares of the company's stock traded hands, compared to its average volume of 90,541. The company has a market cap of $9.08 billion, a price-to-earnings ratio of 29.08 and a beta of 1.14. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.40. Freedom Holding Corp. has a 52 week low of $71.88 and a 52 week high of $185.00. The firm's fifty day moving average price is $146.85 and its 200-day moving average price is $139.07.
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.
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