XTX Topco Ltd acquired a new position in Lufax Holding Ltd (NYSE:LU - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 90,592 shares of the company's stock, valued at approximately $217,000.
Other large investors have also bought and sold shares of the company. Mitsubishi UFJ Trust & Banking Corp purchased a new position in Lufax during the 4th quarter valued at about $5,436,000. Norges Bank purchased a new stake in shares of Lufax in the 4th quarter worth approximately $4,221,000. Charles Schwab Investment Management Inc. increased its position in Lufax by 35.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,205,838 shares of the company's stock valued at $10,052,000 after buying an additional 1,102,943 shares in the last quarter. Catalyst Funds Management Pty Ltd raised its stake in Lufax by 999.0% during the fourth quarter. Catalyst Funds Management Pty Ltd now owns 888,000 shares of the company's stock valued at $2,122,000 after buying an additional 807,200 shares during the last quarter. Finally, Leading Securities Co Ltd bought a new stake in Lufax in the fourth quarter worth $458,000. 69.14% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Separately, Deutsche Bank Aktiengesellschaft cut shares of Lufax from a "hold" rating to a "sell" rating in a research note on Tuesday.
Read Our Latest Stock Report on Lufax
Lufax Trading Up 3.7 %
LU traded up $0.11 during trading on Friday, hitting $2.92. 625,449 shares of the company's stock traded hands, compared to its average volume of 3,578,777. Lufax Holding Ltd has a 12-month low of $2.00 and a 12-month high of $4.83. The company's 50 day simple moving average is $2.86 and its two-hundred day simple moving average is $2.67. The stock has a market capitalization of $2.53 billion, a price-to-earnings ratio of -3.79 and a beta of 0.71.
Lufax Company Profile
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Free Report)
Lufax Holding Ltd operates as a financial service empowering institution for small and micro businesses in China. The company offers loan products, including general unsecured loans and secured loans, as well as consumer finance loans. It also provides wealth management products, such as asset management plans, mutual fund products, private investment fund products, and trust products.
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