Renaissance Technologies LLC Buys 1,799 Shares of Jiayin Group Inc. (NASDAQ:JFIN)

Renaissance Technologies LLC increased its position in shares of Jiayin Group Inc. (NASDAQ:JFIN) by 10.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,291 shares of the company’s stock after buying an additional 1,799 shares during the period. Renaissance Technologies LLC’s holdings in Jiayin Group were worth $123,000 at the end of the most recent reporting period.

Separately, LPL Financial LLC bought a new stake in shares of Jiayin Group in the 4th quarter valued at $174,000. Hedge funds and other institutional investors own 44.08% of the company’s stock.

Jiayin Group Stock Down 0.7 %

Shares of NASDAQ JFIN opened at $12.54 on Thursday. The firm has a market cap of $673.21 million, a PE ratio of 4.18 and a beta of 0.87. The company’s fifty day simple moving average is $11.33 and its 200 day simple moving average is $8.70. Jiayin Group Inc. has a 12-month low of $4.00 and a 12-month high of $16.22.

Jiayin Group (NASDAQ:JFIN) last released its quarterly earnings data on Thursday, March 27th. The company reported $0.72 earnings per share (EPS) for the quarter. Jiayin Group had a net margin of 19.17% and a return on equity of 43.90%. The company had revenue of $192.42 million for the quarter.

About Jiayin Group

Jiayin Group Inc, together with its subsidiaries, provides online consumer finance services in the People's Republic of China. The company operates a fintech platform that facilitates connections between individual borrowers and financial institutions. It also offers referral services for investment products offered by the financial service providers; and technology development and services, as well as guarantee services.