Free Trial

Weiss Ratings Reiterates Hold (C) Rating for Yirendai (NYSE:YRD)

Yirendai logo with Computer and Technology background

Key Points

  • Weiss Ratings has reaffirmed a "hold" rating for Yirendai (NYSE:YRD) as of a recent report issued to investors.
  • Yirendai's stock experienced a midday increase of $0.12, reaching a price of $6.50, with a trading volume of 26,021 shares.
  • Institutional investors have shown interest, with several firms, including Atria Wealth Solutions and American Century Companies, increasing their stakes in Yirendai recently.
  • MarketBeat previews the top five stocks to own by November 1st.

Yirendai (NYSE:YRD - Get Free Report)'s stock had its "hold (c)" rating reissued by equities research analysts at Weiss Ratings in a research report issued to clients and investors on Wednesday,Weiss Ratings reports.

Yirendai Price Performance

YRD stock traded up $0.12 during midday trading on Wednesday, reaching $6.50. 26,021 shares of the company were exchanged, compared to its average volume of 122,570. The business has a 50-day moving average price of $5.95 and a two-hundred day moving average price of $6.16. Yirendai has a one year low of $4.41 and a one year high of $8.74. The firm has a market capitalization of $561.67 million, a price-to-earnings ratio of 3.16 and a beta of 0.82.

Yirendai (NYSE:YRD - Get Free Report) last released its quarterly earnings data on Thursday, August 21st. The technology company reported $0.57 EPS for the quarter. Yirendai had a net margin of 21.07% and a return on equity of 13.42%. The firm had revenue of $230.62 million during the quarter. Yirendai has set its Q3 2025 guidance at EPS.

Institutional Investors Weigh In On Yirendai

Institutional investors have recently modified their holdings of the business. Two Sigma Investments LP bought a new stake in shares of Yirendai in the fourth quarter valued at about $61,000. Atria Wealth Solutions Inc. bought a new stake in shares of Yirendai in the first quarter valued at about $103,000. Catalyst Funds Management Pty Ltd boosted its position in shares of Yirendai by 13.6% in the second quarter. Catalyst Funds Management Pty Ltd now owns 15,900 shares of the technology company's stock valued at $93,000 after acquiring an additional 1,900 shares during the period. American Century Companies Inc. boosted its position in shares of Yirendai by 35.7% in the second quarter. American Century Companies Inc. now owns 23,799 shares of the technology company's stock valued at $140,000 after acquiring an additional 6,261 shares during the period. Finally, XTX Topco Ltd bought a new stake in shares of Yirendai in the first quarter valued at about $220,000. Institutional investors own 1.99% of the company's stock.

Yirendai Company Profile

(Get Free Report)

Yiren Digital Ltd. provides financial services through an AI-powered platform in China. Its platform provides a suite of financial and lifestyle services. The company offers financial services, which provides a portfolio of loan products to borrowers; insurance brokerage services; and consumption and lifestyle services, including non-financial products and services to meet various consumer needs.

Read More

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Yirendai Right Now?

Before you consider Yirendai, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Yirendai wasn't on the list.

While Yirendai currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

Get This Free Report
Like this article? Share it with a colleague.