Diversified Trust Co Purchases Shares of 21,911 Lufax Holding Ltd (NYSE:LU)

Diversified Trust Co purchased a new stake in shares of Lufax Holding Ltd (NYSE:LUFree Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 21,911 shares of the company’s stock, valued at approximately $92,000.

Other hedge funds have also made changes to their positions in the company. DGS Capital Management LLC bought a new stake in shares of Lufax in the first quarter valued at about $111,000. O Shaughnessy Asset Management LLC lifted its stake in shares of Lufax by 663.4% in the third quarter. O Shaughnessy Asset Management LLC now owns 125,846 shares of the company’s stock valued at $133,000 after buying an additional 109,362 shares during the period. Jump Financial LLC bought a new stake in shares of Lufax in the fourth quarter valued at about $356,000. Virtu Financial LLC raised its position in Lufax by 938.0% in the fourth quarter. Virtu Financial LLC now owns 189,121 shares of the company’s stock worth $581,000 after purchasing an additional 170,902 shares in the last quarter. Finally, Citigroup Inc. raised its position in Lufax by 207.8% in the third quarter. Citigroup Inc. now owns 567,150 shares of the company’s stock worth $601,000 after purchasing an additional 382,884 shares in the last quarter. Institutional investors own 69.14% of the company’s stock.

Lufax Stock Performance

NYSE:LU opened at $2.95 on Friday. Lufax Holding Ltd has a 12-month low of $2.00 and a 12-month high of $7.64. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $1.69 billion, a PE ratio of -21.07, a price-to-earnings-growth ratio of 0.40 and a beta of 0.84. The firm has a 50-day moving average price of $3.48 and a 200 day moving average price of $3.27.

Lufax (NYSE:LUGet Free Report) last posted its quarterly earnings results on Monday, April 22nd. The company reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.28). Lufax had a negative return on equity of 0.72% and a negative net margin of 2.17%. The business had revenue of $964.47 million during the quarter. Research analysts anticipate that Lufax Holding Ltd will post 0.21 earnings per share for the current fiscal year.

Lufax Profile

(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.

Further Reading

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Institutional Ownership by Quarter for Lufax (NYSE:LU)

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