Signaturefd LLC Increases Stock Holdings in Freedom Holding Corp. $FRHC

Signaturefd LLC boosted its position in Freedom Holding Corp. (NASDAQ:FRHC) by 23.8% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 406 shares of the company’s stock after purchasing an additional 78 shares during the period. Signaturefd LLC’s holdings in Freedom were worth $59,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Public Employees Retirement System of Ohio purchased a new position in Freedom in the second quarter worth about $800,000. Acadian Asset Management LLC purchased a new position in shares of Freedom during the 1st quarter valued at about $261,000. Jane Street Group LLC lifted its position in shares of Freedom by 86.1% during the 1st quarter. Jane Street Group LLC now owns 7,583 shares of the company’s stock valued at $1,002,000 after buying an additional 3,509 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Freedom by 11.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 37,068 shares of the company’s stock valued at $4,899,000 after buying an additional 3,771 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in shares of Freedom by 214.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 75,018 shares of the company’s stock valued at $9,915,000 after buying an additional 51,159 shares in the last quarter. 1.26% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Freedom in a research report on Saturday, September 27th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

Freedom Stock Down 1.1%

Shares of FRHC opened at $170.81 on Monday. The stock has a market capitalization of $10.18 billion, a price-to-earnings ratio of 129.40 and a beta of 1.07. Freedom Holding Corp. has a 1 year low of $96.00 and a 1 year high of $194.01. The business’s 50 day simple moving average is $173.22 and its 200-day simple moving average is $156.72. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.18 and a quick ratio of 1.18.

Freedom (NASDAQ:FRHC) last issued its quarterly earnings data on Friday, August 8th. The company reported $0.50 earnings per share (EPS) for the quarter. The business had revenue of $533.42 million for the quarter. Freedom had a return on equity of 6.49% and a net margin of 3.78%.

Freedom Profile

Freedom Holding Corp., through its subsidiaries, provides securities brokerage, securities dealing, market making, investment research, investment counseling, and investment banking services. It offers retail brokerage services for exchange-traded and over-the-counter corporate equity and debt securities, money market instruments, exchange traded options and futures contracts, government bonds, and mutual funds; securities trading; underwriting services; margin lending services collateralized by securities and cash in the customer’s account; various investment education and training courses; investment research services; and commercial banking services, including payment cards, digital mortgages, and digital business and digital auto loans, as well as Freedom Box, a package of payment acquiring services.