D. E. Shaw & Co. Inc. grew its stake in shares of Freedom Holding Corp. (NASDAQ:FRHC - Free Report) by 1,127.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 64,369 shares of the company's stock after purchasing an additional 59,124 shares during the quarter. D. E. Shaw & Co. Inc. owned approximately 0.11% of Freedom worth $8,412,000 at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in FRHC. Headlands Technologies LLC bought a new stake in shares of Freedom in the 4th quarter worth $30,000. Tower Research Capital LLC TRC increased its holdings in Freedom by 27.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,065 shares of the company's stock worth $139,000 after buying an additional 232 shares in the last quarter. Aquatic Capital Management LLC increased its holdings in Freedom by 555.5% in the 4th quarter. Aquatic Capital Management LLC now owns 1,311 shares of the company's stock worth $171,000 after buying an additional 1,111 shares in the last quarter. Walleye Capital LLC bought a new position in Freedom during the 4th quarter valued at about $221,000. Finally, Barclays PLC boosted its holdings in shares of Freedom by 1,263.2% during the 3rd quarter. Barclays PLC now owns 4,144 shares of the company's stock valued at $393,000 after acquiring an additional 3,840 shares during the last quarter. Hedge funds and other institutional investors own 1.26% of the company's stock.
Freedom Stock Performance
Shares of Freedom stock traded down $2.08 during trading hours on Wednesday, reaching $180.99. 59,481 shares of the stock traded hands, compared to its average volume of 86,422. Freedom Holding Corp. has a one year low of $71.88 and a one year high of $185.00. The firm has a market capitalization of $10.61 billion, a price-to-earnings ratio of 33.96 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. The company has a 50 day moving average price of $139.95 and a 200 day moving average price of $134.99.
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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