Acadian Asset Management LLC bought a new position in shares of X Financial (NYSE:XYF – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 29,501 shares of the company’s stock, valued at approximately $125,000. Acadian Asset Management LLC owned 0.06% of X Financial at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also modified their holdings of the company. Susquehanna International Group LLP bought a new position in shares of X Financial during the 1st quarter worth approximately $99,000. State Street Corp raised its position in X Financial by 6.3% in the 1st quarter. State Street Corp now owns 87,308 shares of the company’s stock valued at $241,000 after purchasing an additional 5,183 shares during the last quarter. Finally, AWH Capital L.P. bought a new position in X Financial in the 1st quarter valued at $1,036,000. Institutional investors own 1.36% of the company’s stock.
X Financial Stock Performance
Shares of XYF opened at $4.42 on Tuesday. The stock has a fifty day moving average price of $4.01 and a two-hundred day moving average price of $4.08. X Financial has a 52-week low of $2.00 and a 52-week high of $5.00. The company has a market cap of $212.10 million, a price-to-earnings ratio of 1.39 and a beta of 0.61.
X Financial Announces Dividend
The firm also recently disclosed a — dividend, which was paid on Wednesday, October 18th. Shareholders of record on Tuesday, September 19th were given a $0.30 dividend. The ex-dividend date of this dividend was Monday, September 18th. This represents a yield of 6%. X Financial’s payout ratio is 2.78%.
About X Financial
X Financial provides personal finance services in the People's Republic of China. The company offers services as an online marketplace connecting borrowers and investors. Its loan products include Xiaoying credit loan, which consists of Xiaoying card loan; and Xiaoying preferred loan to small business owners, as well as Xiaoying revolving loan.
- Five stocks we like better than X Financial
- Investing in the High PE Growth Stocks
- The most upgraded stocks in November have two things in common
- Quiet Period Expirations Explained
- Monday.com rocked earnings like it’s the weekend
- How to Invest in Tech Stocks and Top Tech Stocks to Consider
- Plan to own one retailer? Make it this one
Receive News & Ratings for X Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for X Financial and related companies with MarketBeat.com's FREE daily email newsletter.