Shares of Yiren Digital Ltd. (NYSE:YRD - Get Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $6.73 and traded as high as $7.10. Yiren Digital shares last traded at $7.02, with a volume of 125,055 shares changing hands.
Yiren Digital Trading Down 5.2 %
The company has a 50 day simple moving average of $6.73 and a 200 day simple moving average of $5.86. The stock has a market capitalization of $474.70 million, a PE ratio of 1.87 and a beta of 0.66.
Yiren Digital (NYSE:YRD - Get Free Report) last released its quarterly earnings results on Thursday, March 20th. The technology company reported $0.52 EPS for the quarter. Yiren Digital had a return on equity of 20.85% and a net margin of 32.37%. The business had revenue of $198.95 million during the quarter.
Yiren Digital Increases Dividend
The company also recently announced a semi-annual dividend, which will be paid on Thursday, May 15th. Stockholders of record on Wednesday, April 30th will be issued a $0.22 dividend. This is an increase from Yiren Digital's previous semi-annual dividend of $0.20. The ex-dividend date is Wednesday, April 30th. This represents a dividend yield of 2.6%. Yiren Digital's payout ratio is presently 15.94%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. Dimensional Fund Advisors LP boosted its holdings in Yiren Digital by 2.9% in the 4th 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 in the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its stake in shares of Yiren Digital by 33.3% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 341,877 shares of the technology company's stock valued at $1,641,000 after buying an additional 85,414 shares in the last quarter. Public Employees Retirement System of Ohio grew its holdings in 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 worth $185,000 after acquiring an additional 11,583 shares during the period. Trexquant Investment LP acquired a new position in Yiren Digital during the fourth quarter worth $138,000. Finally, American Century Companies Inc. purchased a new position in Yiren Digital in the fourth quarter worth $107,000. 1.99% of the stock is currently owned by institutional investors and hedge funds.
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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