OMERS ADMINISTRATION Corp Invests $1.19 Million in Freedom Holding Corp. (NASDAQ:FRHC)

OMERS ADMINISTRATION Corp purchased a new stake in Freedom Holding Corp. (NASDAQ:FRHC - Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 9,100 shares of the company's stock, valued at approximately $1,189,000.

Other hedge funds also recently made changes to their positions in the company. Marshall Wace LLP purchased a new position in shares of Freedom in the 4th quarter worth $10,589,000. D. E. Shaw & Co. Inc. grew its position in 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 during the period. JPMorgan Chase & Co. increased its stake in 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 acquiring an additional 25,350 shares during the last quarter. Millennium Management LLC purchased a new position in shares of Freedom in the 4th quarter worth about $2,130,000. Finally, BNP Paribas Financial Markets purchased a new position in shares of Freedom in the 4th quarter worth about $1,534,000. Institutional investors and hedge funds own 1.26% of the company's stock.

Freedom Trading Down 1.3%

Shares of NASDAQ:FRHC traded down $2.23 during trading on Thursday, reaching $175.66. 69,838 shares of the stock were exchanged, compared to its average volume of 86,691. The firm's 50-day moving average price is $140.97 and its 200 day moving average price is $135.29. The firm has a market cap of $10.30 billion, a price-to-earnings ratio of 32.98 and a beta of 1.14. Freedom Holding Corp. has a 12-month low of $71.88 and a 12-month high of $185.00. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.28 and a current ratio of 1.28.

About Freedom

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.