Shares of Waterdrop Inc. (NYSE:WDH - Get Free Report) saw an uptick in trading volume on Thursday . 184,558 shares traded hands during trading, a decline of 22% from the previous session's volume of 237,122 shares.The stock last traded at $1.45 and had previously closed at $1.45.
Analyst Ratings Changes
Separately, Wall Street Zen upgraded shares of Waterdrop from a "hold" rating to a "buy" rating in a research report on Friday.
Get Our Latest Stock Report on Waterdrop
Waterdrop Stock Performance
The firm's 50-day moving average is $1.33 and its two-hundred day moving average is $1.26. The stock has a market cap of $541.90 million, a P/E ratio of 12.46 and a beta of -0.36.
Waterdrop Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Friday, April 11th were paid a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a dividend yield of 5.35%. The ex-dividend date was Friday, April 11th. Waterdrop's dividend payout ratio (DPR) is presently 21.43%.
Institutional Trading of Waterdrop
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Catalina Capital Group LLC acquired a new stake in shares of Waterdrop during the 4th quarter worth approximately $27,000. IDG China Capital Fund III Associates L.P. acquired a new stake in Waterdrop during the 4th quarter worth $6,760,000. Jane Street Group LLC bought a new stake in shares of Waterdrop during the 4th quarter valued at $78,000. Finally, Baader Bank Aktiengesellschaft lifted its stake in shares of Waterdrop by 28.6% in the 1st quarter. Baader Bank Aktiengesellschaft now owns 1,660,910 shares of the company's stock valued at $2,475,000 after purchasing an additional 369,325 shares during the period. 1.96% of the stock is currently owned by institutional investors and hedge funds.
Waterdrop Company Profile
(
Get Free Report)
Waterdrop Inc, through its subsidiaries, provides online insurance brokerage services to match and connect users with related insurance products underwritten by insurance companies in the People's Republic of China. The company offers short-term health and long-term health and life insurance products and services.
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