SG Americas Securities LLC lifted its stake in shares of Qudian Inc. (NYSE:QD - Free Report) by 35.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 368,384 shares of the company's stock after buying an additional 95,778 shares during the period. SG Americas Securities LLC owned about 0.18% of Qudian worth $1,039,000 at the end of the most recent quarter.
Other hedge funds also recently modified their holdings of the company. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in Qudian during the second quarter worth $1,918,000. Public Employees Retirement System of Ohio bought a new stake in Qudian during the third quarter worth $846,000. Dimensional Fund Advisors LP lifted its holdings in Qudian by 31.4% during the second quarter. Dimensional Fund Advisors LP now owns 1,435,477 shares of the company's stock worth $2,838,000 after acquiring an additional 343,294 shares during the period. XTX Topco Ltd bought a new stake in Qudian during the third quarter worth $50,000. Finally, BNP Paribas Financial Markets lifted its holdings in Qudian by 248.8% during the third quarter. BNP Paribas Financial Markets now owns 28,601 shares of the company's stock worth $61,000 after acquiring an additional 20,400 shares during the period. Hedge funds and other institutional investors own 8.10% of the company's stock.
Qudian Stock Down 4.9 %
Qudian stock traded down $0.15 during mid-day trading on Friday, reaching $2.83. 241,247 shares of the company's stock were exchanged, compared to its average volume of 256,872. The firm has a market capitalization of $566.70 million, a PE ratio of 70.63 and a beta of 0.76. The business's fifty day simple moving average is $2.85 and its 200 day simple moving average is $2.32. Qudian Inc. has a one year low of $1.52 and a one year high of $3.20.
Qudian (NYSE:QD - Get Free Report) last issued its earnings results on Friday, November 22nd. The company reported $0.10 earnings per share (EPS) for the quarter. Qudian had a return on equity of 0.36% and a net margin of 18.32%.
Qudian Company Profile
(
Free Report)
Qudian Inc operates as a consumer-oriented technology company in the People's Republic of China. The company engages in the operation of online platforms to provide small consumer credit products. It also provides technology development and services; research and development services; and delivery services.
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