Yiren Digital Ltd. (NYSE:YRD - Get Free Report) shares saw an uptick in trading volume on Friday . 221,537 shares traded hands during mid-day trading, an increase of 54% from the previous session's volume of 144,057 shares.The stock last traded at $6.18 and had previously closed at $7.01.
Yiren Digital Price Performance
The company has a fifty day moving average of $6.73 and a two-hundred day moving average of $5.86. The stock has a market capitalization of $486.90 million, a P/E ratio of 1.91 and a beta of 0.66.
Yiren Digital (NYSE:YRD - Get Free Report) last issued its earnings results on Thursday, March 20th. The technology company reported $0.52 earnings per share (EPS) for the quarter. The firm had revenue of $198.95 million for the quarter. Yiren Digital had a net margin of 32.37% and a return on equity of 20.85%.
Yiren Digital Increases Dividend
The business also recently announced a semi-annual dividend, which will be paid on Thursday, May 15th. Shareholders of record on Wednesday, April 30th will be given a $0.22 dividend. The ex-dividend date is Wednesday, April 30th. This is a positive change from Yiren Digital's previous semi-annual dividend of $0.20. This represents a yield of 2.6%. Yiren Digital's dividend payout ratio (DPR) is currently 15.94%.
Institutional Trading of Yiren Digital
Hedge funds have recently bought and sold shares of the company. Public Employees Retirement System of Ohio raised its holdings in shares of Yiren Digital by 43.0% during the fourth quarter. Public Employees Retirement System of Ohio now owns 38,528 shares of the technology company's stock valued at $185,000 after buying an additional 11,583 shares during the last quarter. Two Sigma Investments LP acquired a new position in Yiren Digital during the 4th quarter worth $61,000. AXA S.A. grew its stake in shares of Yiren Digital by 80.7% in the fourth quarter. AXA S.A. now owns 11,562 shares of the technology company's stock worth $55,000 after purchasing an additional 5,165 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Yiren Digital by 2.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,088,920 shares of the technology company's stock valued at $5,225,000 after purchasing an additional 30,641 shares during the period. Finally, Invesco Ltd. bought a new stake in shares of Yiren Digital during the fourth quarter valued at about $71,000. 1.99% of the stock is currently owned by institutional investors.
Yiren Digital Company Profile
(
Get Free Report)
Yiren Digital Ltd. provides financial services through an AI-powered platform in China. Its platform provides a suite of financial and lifestyle services. The company offers financial services, which provides a portfolio of loan products to borrowers; insurance brokerage services; and consumption and lifestyle services, including non-financial products and services to meet various consumer needs.
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