SG Americas Securities LLC Has $1.04 Million Stake in Qudian Inc. (NYSE:QD)

SG Americas Securities LLC grew its stake in Qudian Inc. (NYSE:QDFree Report) by 35.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 368,384 shares of the company’s stock after acquiring an additional 95,778 shares during the period. SG Americas Securities LLC owned 0.18% of Qudian worth $1,039,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the company. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Qudian during the 3rd quarter worth approximately $32,000. XTX Topco Ltd acquired a new stake in Qudian during the 3rd quarter worth $50,000. Ballentine Partners LLC raised its position in shares of Qudian by 124.2% during the 4th quarter. Ballentine Partners LLC now owns 24,548 shares of the company’s stock valued at $69,000 after acquiring an additional 13,599 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in shares of Qudian by 248.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 28,601 shares of the company’s stock valued at $61,000 after purchasing an additional 20,400 shares during the period. Finally, Public Employees Retirement System of Ohio bought a new position in shares of Qudian in the 3rd quarter worth $846,000. Institutional investors and hedge funds own 8.10% of the company’s stock.

Qudian Stock Down 1.2 %

Shares of Qudian stock opened at $2.95 on Wednesday. The business has a fifty day simple moving average of $2.82 and a 200 day simple moving average of $2.30. The stock has a market cap of $590.77 million, a PE ratio of 73.63 and a beta of 0.76. Qudian Inc. has a 12 month low of $1.52 and a 12 month high of $3.20.

Qudian (NYSE:QDGet Free Report) last posted its earnings results on Friday, November 22nd. The company reported $0.10 earnings per share (EPS) for the quarter. Qudian had a return on equity of 0.36% and a net margin of 18.32%.

About Qudian

(Free Report)

Qudian Inc operates as a consumer-oriented technology company in the People's Republic of China. The company engages in the operation of online platforms to provide small consumer credit products. It also provides technology development and services; research and development services; and delivery services.

See Also

Institutional Ownership by Quarter for Qudian (NYSE:QD)

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