Yeomans Consulting Group Inc. Takes Position in Qifu Technology, Inc. (NASDAQ:QFIN)

Yeomans Consulting Group Inc. acquired a new stake in Qifu Technology, Inc. (NASDAQ:QFIN - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 7,291 shares of the company's stock, valued at approximately $280,000.

Other institutional investors have also modified their holdings of the company. Wilmington Savings Fund Society FSB acquired a new stake in Qifu Technology during the 3rd quarter worth $30,000. USA Financial Formulas purchased a new position in shares of Qifu Technology during the third quarter worth about $41,000. Point72 DIFC Ltd purchased a new position in shares of Qifu Technology during the third quarter worth about $43,000. Venturi Wealth Management LLC acquired a new position in Qifu Technology in the 3rd quarter valued at about $54,000. Finally, Point72 Asia Singapore Pte. Ltd. lifted its position in Qifu Technology by 474.7% during the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 5,293 shares of the company's stock worth $158,000 after acquiring an additional 4,372 shares during the period. 74.81% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Citigroup boosted their target price on Qifu Technology from $31.44 to $37.50 and gave the company a "buy" rating in a report on Thursday, November 21st.

Qifu Technology Stock Performance

Qifu Technology stock traded up $1.94 during trading hours on Friday, reaching $39.93. 1,234,507 shares of the stock were exchanged, compared to its average volume of 969,600. Qifu Technology, Inc. has a 52-week low of $13.71 and a 52-week high of $40.31. The stock has a market cap of $6.29 billion, a P/E ratio of 8.08, a P/E/G ratio of 0.30 and a beta of 0.64. The firm's 50 day moving average is $37.29 and its 200 day moving average is $30.25.

Qifu Technology Company Profile

Qifu Technology, Inc, through its subsidiaries, operates credit-tech platform under the 360 Jietiao brand in the People's Republic of China. It provides credit-driven services that matches borrowers with financial institutions to conduct customer acquisition, initial and credit screening, advanced risk assessment, credit assessment, fund matching, and other post-facilitation services; and platform services, including loan facilitation and post-facilitation services to financial institution partners under intelligence credit engine, referral services, and risk management software-as-a-service.