Virtu Financial LLC Takes $296,000 Position in Li Auto Inc. Sponsored ADR $LI

Key Points

• Virtu Financial LLC has acquired a new stake in Li Auto Inc., purchasing 11,750 shares valued at approximately $296,000.
• Analysts have a mixed outlook on Li Auto, with a majority rating it as a "hold" and a price target range suggesting slight decline from current levels.
• Li Auto's recent quarterly earnings report showed a revenue increase of 1.1% year-over-year, despite missing the consensus EPS estimate.

Virtu Financial LLC bought a new position in Li Auto Inc. Sponsored ADR (NASDAQ:LI - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 11,750 shares of the company's stock, valued at approximately $296,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Li Auto by 459.3% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 16,923,620 shares of the company's stock valued at $426,475,000 after buying an additional 13,897,555 shares during the last quarter. LMR Partners LLP bought a new stake in shares of Li Auto during the 4th quarter valued at about $16,266,000. SIH Partners LLLP grew its position in shares of Li Auto by 4.2% during the 4th quarter. SIH Partners LLLP now owns 501,730 shares of the company's stock valued at $12,037,000 after buying an additional 20,450 shares during the last quarter. Northern Trust Corp grew its position in shares of Li Auto by 38.0% during the 4th quarter. Northern Trust Corp now owns 488,151 shares of the company's stock valued at $11,711,000 after buying an additional 134,301 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. grew its position in shares of Li Auto by 2.5% during the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 418,992 shares of the company's stock valued at $10,559,000 after buying an additional 10,351 shares during the last quarter. Institutional investors own 9.88% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have commented on LI. Cfra Research upgraded shares of Li Auto from a "strong sell" rating to a "hold" rating in a research report on Tuesday, June 10th. BNP Paribas Exane started coverage on shares of Li Auto in a research note on Monday. They issued an "underperform" rating and a $18.00 price target for the company. Sanford C. Bernstein set a $26.00 price target on shares of Li Auto and gave the stock a "market perform" rating in a research note on Tuesday. BNP Paribas initiated coverage on shares of Li Auto in a research note on Monday. They set an "underperform" rating for the company. Finally, Zacks Research lowered shares of Li Auto from a "hold" rating to a "strong sell" rating in a research note on Tuesday. Two investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, Li Auto currently has an average rating of "Reduce" and a consensus target price of $28.64.

Li Auto Price Performance

Shares of NASDAQ LI traded down $0.04 during trading on Thursday, reaching $23.46. The company had a trading volume of 6,092,969 shares, compared to its average volume of 5,407,118. Li Auto Inc. Sponsored ADR has a 52 week low of $17.44 and a 52 week high of $33.12. The stock has a market cap of $24.57 billion, a PE ratio of 22.34, a PEG ratio of 1.35 and a beta of 0.94. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.72 and a current ratio of 1.87. The business's 50 day moving average price is $26.92 and its 200-day moving average price is $26.61.

Li Auto (NASDAQ:LI - Get Free Report) last posted its quarterly earnings results on Thursday, May 29th. The company reported $0.08 earnings per share for the quarter, missing analysts' consensus estimates of $0.09 by ($0.01). The business had revenue of $3.53 billion for the quarter, compared to the consensus estimate of $3.45 billion. Li Auto had a return on equity of 11.83% and a net margin of 5.60%.The company's quarterly revenue was up 1.1% on a year-over-year basis. During the same period last year, the firm earned $1.21 earnings per share. Li Auto has set its Q2 2025 guidance at EPS. Analysts expect that Li Auto Inc. Sponsored ADR will post 0.96 earnings per share for the current year.

Li Auto Profile

Li Auto Inc operates in the energy vehicle market in the People's Republic of China. It designs, develops, manufactures, and sells premium smart electric vehicles. The company's product line comprises MPVs and sport utility vehicles. It offers sales and after sales management, and technology development and corporate management services, as well as purchases manufacturing equipment.