Public Employees Retirement System of Ohio Has $183,000 Stake in UP Fintech Holding Limited $TIGR

Public Employees Retirement System of Ohio decreased its stake in UP Fintech Holding Limited (NASDAQ:TIGR) by 11.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,000 shares of the company’s stock after selling 2,400 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in UP Fintech were worth $183,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Bingham Private Wealth LLC acquired a new stake in UP Fintech in the 1st quarter valued at $90,000. GAMMA Investing LLC boosted its stake in UP Fintech by 17.4% in the 1st quarter. GAMMA Investing LLC now owns 10,728 shares of the company’s stock valued at $92,000 after buying an additional 1,592 shares in the last quarter. Ieq Capital LLC acquired a new stake in UP Fintech in the 1st quarter valued at $109,000. Pursue Wealth Partners LLC acquired a new stake in UP Fintech in the 1st quarter valued at $112,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in UP Fintech in the 1st quarter valued at $144,000. Institutional investors and hedge funds own 9.03% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on TIGR shares. Jefferies Financial Group initiated coverage on UP Fintech in a research note on Monday, September 29th. They issued a “buy” rating and a $12.00 price target on the stock. Citigroup raised UP Fintech from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $9.50 to $14.00 in a research note on Tuesday, July 22nd. Weiss Ratings reissued a “hold (c)” rating on shares of UP Fintech in a research note on Saturday, September 27th. Finally, Wall Street Zen raised UP Fintech from a “hold” rating to a “buy” rating in a research note on Saturday, August 30th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $10.75.

UP Fintech Stock Up 2.6%

TIGR stock opened at $10.45 on Tuesday. The company has a market cap of $1.93 billion, a P/E ratio of 16.08, a PEG ratio of 0.67 and a beta of 0.55. UP Fintech Holding Limited has a twelve month low of $5.36 and a twelve month high of $14.48. The business has a fifty day moving average of $10.94 and a 200-day moving average of $9.50.

UP Fintech Profile

UP Fintech Holding Limited provides online brokerage services focusing on Chinese investors. The company has developed a brokerage platform, which allows investor to trade stocks, options, warrants, and other financial instruments that can be accessed through its APP and website. It offers brokerage and value-added services, including investor education, community engagement, and IR platform services.