Public Employees Retirement System of Ohio purchased a new stake in LexinFintech Holdings Ltd. (NASDAQ:LX - Free Report) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 171,761 shares of the company's stock, valued at approximately $467,000. Public Employees Retirement System of Ohio owned approximately 0.10% of LexinFintech at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently modified their holdings of the company. Walleye Capital LLC lifted its position in LexinFintech by 235.5% during the 3rd quarter. Walleye Capital LLC now owns 726,588 shares of the company's stock worth $1,976,000 after buying an additional 510,014 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its position in shares of LexinFintech by 25.7% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,107,663 shares of the company's stock valued at $3,013,000 after acquiring an additional 226,479 shares during the last quarter. Quadrature Capital Ltd acquired a new position in LexinFintech during the third quarter valued at approximately $397,000. American Century Companies Inc. grew its stake in LexinFintech by 33.2% in the second quarter. American Century Companies Inc. now owns 303,931 shares of the company's stock valued at $501,000 after purchasing an additional 75,759 shares in the last quarter. Finally, XTX Topco Ltd bought a new position in LexinFintech in the third quarter valued at approximately $196,000.
LexinFintech Stock Performance
LX stock traded up $0.08 during mid-day trading on Friday, hitting $5.91. 10,193,810 shares of the company were exchanged, compared to its average volume of 1,929,989. LexinFintech Holdings Ltd. has a 1-year low of $1.56 and a 1-year high of $6.28. The stock has a market capitalization of $970.01 million, a PE ratio of 9.38 and a beta of 0.68. The business has a 50 day simple moving average of $4.14 and a 200-day simple moving average of $2.68. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 0.10.
Analyst Ratings Changes
Separately, Citigroup raised shares of LexinFintech from a "neutral" rating to a "buy" rating in a research report on Tuesday, November 26th.
View Our Latest Stock Analysis on LexinFintech
About LexinFintech
(
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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