Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of Yiren Digital Ltd. (NYSE:YRD - Free Report) by 33.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 341,877 shares of the technology company's stock after purchasing an additional 85,414 shares during the quarter. Connor Clark & Lunn Investment Management Ltd. owned about 0.39% of Yiren Digital worth $1,641,000 as of its most recent filing with the Securities and Exchange Commission.
Separately, XTX Topco Ltd raised its holdings in Yiren Digital by 34.5% in the 3rd quarter. XTX Topco Ltd now owns 20,657 shares of the technology company's stock worth $118,000 after acquiring an additional 5,294 shares during the period. 1.99% of the stock is currently owned by institutional investors and hedge funds.
Yiren Digital Stock Up 0.6 %
NYSE YRD traded up $0.04 during midday trading on Friday, hitting $6.89. The company had a trading volume of 186,572 shares, compared to its average volume of 143,771. The firm has a fifty day simple moving average of $6.34 and a two-hundred day simple moving average of $5.67. Yiren Digital Ltd. has a fifty-two week low of $4.12 and a fifty-two week high of $9.20. The stock has a market cap of $604.45 million, a price-to-earnings ratio of 2.38 and a beta of 0.65.
Yiren Digital (NYSE:YRD - Get Free Report) last announced its quarterly earnings results on Thursday, March 20th. The technology company reported $0.52 earnings per share (EPS) for the quarter. Yiren Digital had a net margin of 32.37% and a return on equity of 20.85%. The firm had revenue of $198.95 million during the quarter.
Yiren Digital Increases Dividend
The firm also recently declared a semi-annual dividend, which will be paid on Thursday, May 15th. Investors of record on Wednesday, April 30th will be paid a dividend of $0.22 per share. This represents a dividend yield of 2.6%. This is an increase from Yiren Digital's previous semi-annual dividend of $0.20. The ex-dividend date of this dividend is Wednesday, April 30th. Yiren Digital's payout ratio is 17.53%.
Yiren Digital Profile
(
Free Report)
Yiren Digital Ltd. provides financial services through an AI-powered platform in China. Its platform provides a suite of financial and lifestyle services. The company offers financial services, which provides a portfolio of loan products to borrowers; insurance brokerage services; and consumption and lifestyle services, including non-financial products and services to meet various consumer needs.
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