D Orazio & Associates Inc. acquired a new position in shares of LexinFintech Holdings Ltd. (NASDAQ:LX - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 32,801 shares of the company's stock, valued at approximately $190,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of LX. Thurston Springer Miller Herd & Titak Inc. purchased a new position in LexinFintech during the fourth quarter worth $29,000. Wolverine Trading LLC purchased a new position in LexinFintech during the third quarter worth $29,000. Kathmere Capital Management LLC purchased a new stake in shares of LexinFintech in the fourth quarter valued at $79,000. Centiva Capital LP purchased a new stake in shares of LexinFintech in the third quarter valued at $41,000. Finally, GSA Capital Partners LLP grew its position in shares of LexinFintech by 3.9% in the third quarter. GSA Capital Partners LLP now owns 435,219 shares of the company's stock valued at $1,184,000 after purchasing an additional 16,312 shares during the period.
Wall Street Analysts Forecast Growth
Separately, Citigroup raised LexinFintech from a "neutral" rating to a "buy" rating in a research report on Tuesday, November 26th.
Get Our Latest Stock Report on LX
LexinFintech Stock Up 4.0 %
Shares of NASDAQ:LX traded up $0.31 during trading on Wednesday, hitting $8.09. The company's stock had a trading volume of 2,877,205 shares, compared to its average volume of 2,553,597. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.66 and a current ratio of 1.66. LexinFintech Holdings Ltd. has a fifty-two week low of $1.56 and a fifty-two week high of $8.50. The stock's 50-day moving average price is $6.51 and its two-hundred day moving average price is $4.00. The company has a market capitalization of $1.33 billion, a PE ratio of 12.84 and a beta of 0.66.
LexinFintech (NASDAQ:LX - Get Free Report) last announced its quarterly earnings data on Monday, November 25th. The company reported $0.26 earnings per share for the quarter. LexinFintech had a return on equity of 7.47% and a net margin of 5.34%.
LexinFintech Profile
(
Free Report)
LexinFintech Holdings Ltd., through its subsidiaries, provides online consumer finance services in the People's Republic of China. The company operates Fenqile.com, an online consumption and consumer finance platform that offers installment purchase and personal installment loans, as well as online direct sales with installment payment terms; and Le Hua Card, a scenario-based lending.
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