Qifu Technology, Inc. (NASDAQ:QFIN) Shares Purchased by Signaturefd LLC

Signaturefd LLC lifted its position in Qifu Technology, Inc. (NASDAQ:QFIN) by 67.3% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,283 shares of the company’s stock after purchasing an additional 2,931 shares during the quarter. Signaturefd LLC’s holdings in Qifu Technology were worth $144,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of Qifu Technology by 88.2% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 102,000 shares of the company’s stock valued at $1,880,000 after purchasing an additional 47,800 shares during the period. AI Squared Management Ltd purchased a new stake in Qifu Technology during the 4th quarter valued at approximately $3,373,000. Russell Investments Group Ltd. raised its stake in Qifu Technology by 119.3% during the 4th quarter. Russell Investments Group Ltd. now owns 76,873 shares of the company’s stock valued at $1,210,000 after acquiring an additional 41,814 shares during the last quarter. Campbell & CO Investment Adviser LLC purchased a new stake in Qifu Technology during the 4th quarter valued at approximately $794,000. Finally, Dimensional Fund Advisors LP raised its stake in Qifu Technology by 20.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,901,674 shares of the company’s stock valued at $30,082,000 after acquiring an additional 324,618 shares during the last quarter. 74.81% of the stock is owned by institutional investors and hedge funds.

Qifu Technology Stock Up 2.3 %

QFIN opened at $26.49 on Tuesday. The business has a 50 day moving average price of $21.28 and a two-hundred day moving average price of $19.59. The company has a market cap of $4.28 billion, a PE ratio of 6.86, a P/E/G ratio of 0.45 and a beta of 0.61. Qifu Technology, Inc. has a 52 week low of $13.68 and a 52 week high of $26.50.

Qifu Technology Increases Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Friday, November 1st. Shareholders of record on Friday, September 27th will be paid a dividend of $0.60 per share. The ex-dividend date of this dividend is Friday, September 27th. This is an increase from Qifu Technology’s previous semi-annual dividend of $0.57. This represents a yield of 4.7%. Qifu Technology’s dividend payout ratio is currently 29.53%.

About Qifu Technology

Qifu Technology, Inc, through its subsidiaries, operates credit-tech platform under the 360 Jietiao brand in the People's Republic of China. It provides credit-driven services that matches borrowers with financial institutions to conduct customer acquisition, initial and credit screening, advanced risk assessment, credit assessment, fund matching, and other post-facilitation services; and platform services, including loan facilitation and post-facilitation services to financial institution partners under intelligence credit engine, referral services, and risk management software-as-a-service.