FinVolution Group (NYSE:FINV) Position Raised by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lifted its holdings in shares of FinVolution Group (NYSE:FINV - Free Report) by 16.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,242,306 shares of the company's stock after acquiring an additional 315,366 shares during the quarter. Dimensional Fund Advisors LP owned 0.85% of FinVolution Group worth $10,689,000 as of its most recent filing with the SEC.

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Other institutional investors have also modified their holdings of the company. Russell Investments Group Ltd. boosted its stake in FinVolution Group by 155.9% during the 1st quarter. Russell Investments Group Ltd. now owns 503,756 shares of the company's stock valued at $2,539,000 after acquiring an additional 306,903 shares during the last quarter. O Shaughnessy Asset Management LLC increased its holdings in FinVolution Group by 54.2% in the first quarter. O Shaughnessy Asset Management LLC now owns 713,690 shares of the company's stock valued at $3,597,000 after buying an additional 250,967 shares during the last quarter. HCEP Management Ltd increased its holdings in FinVolution Group by 580.1% in the fourth quarter. HCEP Management Ltd now owns 250,000 shares of the company's stock valued at $1,225,000 after buying an additional 213,242 shares during the last quarter. Caprock Group LLC acquired a new stake in FinVolution Group during the second quarter valued at approximately $479,000. Finally, SG Americas Securities LLC bought a new position in FinVolution Group during the 2nd quarter worth approximately $472,000. Institutional investors and hedge funds own 31.15% of the company's stock.

FinVolution Group Stock Performance

Shares of NYSE FINV traded down $0.34 during trading on Monday, reaching $6.75. The stock had a trading volume of 1,244,665 shares, compared to its average volume of 720,806. The stock has a market cap of $1.79 billion, a PE ratio of 5.99 and a beta of 0.45. FinVolution Group has a one year low of $4.22 and a one year high of $7.24. The firm's 50 day moving average price is $5.56 and its two-hundred day moving average price is $5.14.

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FinVolution Group (NYSE:FINV - Get Free Report) last released its earnings results on Tuesday, August 20th. The company reported $0.30 earnings per share for the quarter. FinVolution Group had a net margin of 17.00% and a return on equity of 16.57%. The firm had revenue of $435.93 million during the quarter.

FinVolution Group Company Profile

(Free Report)

FinVolution Group operates in the online consumer finance industry. The company operates a fintech platform that is empowered by borrowers with financial institutions. It operates in China and internationally. The company was formerly known as PPDAI Group Inc and changed its name to FinVolution Group in November 2019.

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Institutional Ownership by Quarter for FinVolution Group (NYSE:FINV)

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