IDG China Capital Fund III Associates L.P. purchased a new position in Waterdrop Inc. (NYSE:WDH - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,729,041 shares of the company's stock, valued at approximately $6,760,000. Waterdrop makes up 6.7% of IDG China Capital Fund III Associates L.P.'s holdings, making the stock its 2nd biggest position. IDG China Capital Fund III Associates L.P. owned approximately 1.55% of Waterdrop as of its most recent SEC filing.
Separately, Baader Bank Aktiengesellschaft lifted its stake in shares of Waterdrop by 1,198.2% during the 4th quarter. Baader Bank Aktiengesellschaft now owns 1,291,585 shares of the company's stock valued at $1,524,000 after buying an additional 1,192,092 shares in the last quarter. Institutional investors own 1.96% of the company's stock.
Waterdrop Price Performance
Shares of NYSE WDH traded down $0.02 during mid-day trading on Thursday, reaching $1.27. The company's stock had a trading volume of 107,336 shares, compared to its average volume of 270,636. Waterdrop Inc. has a 52 week low of $0.97 and a 52 week high of $1.53. The stock has a fifty day moving average of $1.22 and a two-hundred day moving average of $1.16. The firm has a market capitalization of $470.11 million, a PE ratio of 10.58 and a beta of -0.26.
Waterdrop (NYSE:WDH - Get Free Report) last announced its quarterly earnings data on Wednesday, December 11th. The company reported $0.05 earnings per share (EPS) for the quarter. Waterdrop had a net margin of 11.69% and a return on equity of 7.02%.
Waterdrop Company Profile
(
Free Report)
Waterdrop Inc, through its subsidiaries, provides online insurance brokerage services to match and connect users with related insurance products underwritten by insurance companies in the People's Republic of China. The company offers short-term health and long-term health and life insurance products and services.
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