Jiayin Group Inc. Sponsored ADR (NASDAQ:JFIN - Get Free Report) shares gapped down prior to trading on Monday . The stock had previously closed at $17.03, but opened at $16.14. Jiayin Group shares last traded at $16.79, with a volume of 50,866 shares changing hands.
Analysts Set New Price Targets
Separately, Wall Street Zen upgraded shares of Jiayin Group from a "hold" rating to a "strong-buy" rating in a research report on Friday, June 6th.
Get Our Latest Stock Analysis on Jiayin Group
Jiayin Group Stock Performance
The firm's fifty day simple moving average is $15.72 and its 200-day simple moving average is $11.88. The stock has a market cap of $904.09 million, a P/E ratio of 4.92 and a beta of 0.97.
Jiayin Group (NASDAQ:JFIN - Get Free Report) last released its quarterly earnings data on Wednesday, June 4th. The company reported $1.40 earnings per share for the quarter. The company had revenue of $244.68 million during the quarter. Jiayin Group had a net margin of 21.66% and a return on equity of 42.68%.
Jiayin Group Increases Dividend
The business also recently disclosed a -- dividend, which will be paid on Thursday, July 24th. Stockholders of record on Monday, July 14th will be paid a $0.80 dividend. The ex-dividend date is Monday, July 14th. This represents a dividend yield of 4.8%. This is a positive change from Jiayin Group's previous -- dividend of $0.50. Jiayin Group's payout ratio is currently 37.21%.
Institutional Trading of Jiayin Group
Hedge funds and other institutional investors have recently bought and sold shares of the business. XTX Topco Ltd bought a new stake in Jiayin Group during the 4th quarter valued at $109,000. Renaissance Technologies LLC boosted its holdings in Jiayin Group by 10.3% during the 4th quarter. Renaissance Technologies LLC now owns 19,291 shares of the company's stock worth $123,000 after acquiring an additional 1,799 shares during the last quarter. Invesco Ltd. purchased a new position in Jiayin Group during the 1st quarter worth $168,000. Jump Financial LLC purchased a new position in Jiayin Group during the 1st quarter worth $169,000. Finally, LPL Financial LLC purchased a new position in Jiayin Group during the 4th quarter worth $174,000. Institutional investors own 44.08% of the company's stock.
Jiayin Group Company Profile
(
Get Free Report)
Jiayin Group Inc, together with its subsidiaries, provides online consumer finance services in the People's Republic of China. The company operates a fintech platform that facilitates connections between individual borrowers and financial institutions. It also offers referral services for investment products offered by the financial service providers; and technology development and services, as well as guarantee services.
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