Walleye Capital LLC increased its holdings in LexinFintech Holdings Ltd. (NASDAQ:LX - Free Report) by 235.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 726,588 shares of the company's stock after purchasing an additional 510,014 shares during the period. Walleye Capital LLC owned approximately 0.44% of LexinFintech worth $1,976,000 at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. GSA Capital Partners LLP boosted its holdings in LexinFintech by 3.9% in the 3rd 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. Kathmere Capital Management LLC bought a new stake in LexinFintech in the 2nd quarter valued at $36,000. SG Americas Securities LLC bought a new stake in LexinFintech in the 3rd quarter valued at $122,000. Renaissance Technologies LLC boosted its holdings in LexinFintech by 5.8% in the 2nd quarter. Renaissance Technologies LLC now owns 1,021,700 shares of the company's stock valued at $1,686,000 after purchasing an additional 55,700 shares during the period. Finally, American Century Companies Inc. boosted its holdings in LexinFintech by 33.2% in the 2nd 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 during the period.
LexinFintech Price Performance
LX stock traded down $0.06 during trading on Wednesday, hitting $5.45. 3,181,055 shares of the stock traded hands, compared to its average volume of 1,790,662. LexinFintech Holdings Ltd. has a one year low of $1.56 and a one year high of $5.58. The stock has a market cap of $894.51 million, a price-to-earnings ratio of 8.63 and a beta of 0.68. The company has a 50 day simple moving average of $3.42 and a 200 day simple moving average of $2.32. 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 report on Tuesday, November 26th.
Check Out Our Latest Stock Report 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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