Hello Group (MOMO) News Today

Renaissance Technologies LLC cut its position in Hello Group Inc. (NASDAQ:MOMO - Free Report) by 6.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,662,698 shares of the information services provider's

Jupiter Asset Management Ltd. cut its position in Hello Group Inc. (NASDAQ:MOMO - Free Report) by 97.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 47,511 shares of the information services provider's stock a

Acadian Asset Management LLC cut its stake in Hello Group Inc. (NASDAQ:MOMO - Free Report) by 2.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 7,207,994 shares of the information services provider's stock after selling 169,795 shares d

Hello Group Inc. (NASDAQ:MOMO - Get Free Report) has earned a consensus rating of "Hold" from the five analysts that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and two have given a buy reco

Panagora Asset Management Inc. decreased its position in shares of Hello Group Inc. (NASDAQ:MOMO - Free Report) by 93.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,938 shares of the information servic

StockNews.com raised Hello Group from a "sell" rating to a "hold" rating in a research note on Wednesday.

Hello Group (NASDAQ:MOMO) Trading Down 3.6% After Analyst Downgrade

Benchmark decreased their target price on shares of Hello Group from $15.00 to $13.00 and set a "buy" rating for the company in a research report on Wednesday.

Hello Group (NASDAQ:MOMO - Get Free Report) released its quarterly earnings results on Tuesday. The information services provider reported $2.38 EPS for the quarter, beating analysts' consensus estimates of $0.25 by $2.13. Hello Group had a return on equity of 13.61% and a net margin of 13.38%. The company had revenue of $2.69 billion during the quarter, compared to analysts' expectations of $2.67 billion. During the same period last year, the business posted $0.39 earnings per share. The firm's revenue was down 14.2% compared to the same quarter last year.

Jefferies Financial Group increased their target price on Hello Group from $6.50 to $7.00 and gave the company a "buy" rating in a report on Tuesday.

Hello Group (NASDAQ:MOMO) will be releasing earnings before the market opens on Tuesday, September 3, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=623068)

Hello Group (NASDAQ:MOMO) Shares Gap Down to $6.92

Polunin Capital Partners Ltd bought a new position in shares of Hello Group Inc. (NASDAQ:MOMO - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 746,095 shares of the information servi

StockNews.com cut shares of Hello Group from a "hold" rating to a "sell" rating in a research report on Tuesday.

Shares of Hello Group Inc. (NASDAQ:MOMO - Get Free Report) have been given a consensus rating of "Hold" by the five ratings firms that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation an

Vanguard Group Inc. trimmed its holdings in shares of Hello Group Inc. (NASDAQ:MOMO - Free Report) by 1.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,460,027 shares of the information services provider's stock after selling 8

Healthcare of Ontario Pension Plan Trust Fund lowered its stake in shares of Hello Group Inc. (NASDAQ:MOMO - Free Report) by 33.4% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 666,700 shares of the information services provider's stock after selling 334,9

Sei Investments Co. increased its stake in shares of Hello Group Inc. (NASDAQ:MOMO - Free Report) by 26.3% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 448,013 shares of the information services provider's stock

Hello Group (NASDAQ:MOMO) Trading Down 5%

Acadian Asset Management LLC lifted its position in Hello Group Inc. (NASDAQ:MOMO - Free Report) by 26.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,377,789 shares of the information services provider's stock afte

Jupiter Asset Management Ltd. boosted its stake in shares of Hello Group Inc. (NASDAQ:MOMO - Free Report) by 994.2% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 1,617,308 shares of the information services provider's stock after acquiring an additional

Shares of Hello Group Inc. (NASDAQ:MOMO - Get Free Report) have earned an average rating of "Hold" from the five analysts that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and o

LSV Asset Management increased its stake in Hello Group Inc. (NASDAQ:MOMO - Free Report) by 33.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,277,629 shares of the information services provider's stock after purchasin

GSA Capital Partners LLP trimmed its holdings in shares of Hello Group Inc. (NASDAQ:MOMO - Free Report) by 50.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 189,717 shares of the information services provider's st

Hello Group (NASDAQ:MOMO) Trading Up 5.1%

Hello Group Inc. (NASDAQ:MOMO - Get Free Report) was the target of unusually large options trading on Tuesday. Traders bought 4,838 put options on the company. This represents an increase of 390% compared to the typical volume of 988 put options.

Hello Group Inc. (NASDAQ:MOMO - Get Free Report) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totalling 2,470,000 shares, a decline of 29.2% from the May 31st total of 3,490,000 shares. Based on an average daily trading volume, of 1,960,000 shares, the short-interest ratio is presently 1.3 days. Approximately 1.7% of the company's shares are short sold.

Goldman Sachs Group Inc. lifted its holdings in shares of Hello Group Inc. (NASDAQ:MOMO - Free Report) by 14.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,274,996 shares of the information services p

Hello Group (NASDAQ:MOMO) Trading 4.5% Higher

Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in Hello Group Inc. (NASDAQ:MOMO - Free Report) by 188.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,001,600 shares of the information services provider's stock

Hello Group (NASDAQ:MOMO) Trading 4.8% Higher

Quantedge Capital Pte Ltd decreased its holdings in Hello Group Inc. (NASDAQ:MOMO - Free Report) by 51.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 148,800 shares of the information services provid

Campbell & CO Investment Adviser LLC reduced its holdings in Hello Group Inc. (NASDAQ:MOMO - Free Report) by 52.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 133,485 shares of the

Hello Group (NASDAQ:MOMO) Shares Down 2.7%

JPMorgan Chase & Co. lowered shares of Hello Group from an "overweight" rating to a "neutral" rating and lowered their price target for the company from $13.00 to $6.00 in a report on Monday.

Hello Group (NASDAQ:MOMO) Sees Unusually-High Trading Volume