Yiren Digital Ltd. (NYSE:YRD - Get Free Report)'s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $6.72 and traded as low as $5.23. Yiren Digital shares last traded at $5.34, with a volume of 143,532 shares traded.
Yiren Digital Stock Down 0.7 %
The business has a 50-day moving average price of $6.70 and a 200-day moving average price of $5.89. The firm has a market capitalization of $510.58 million, a P/E ratio of 1.99 and a beta of 0.66.
Yiren Digital (NYSE:YRD - Get Free Report) last announced its quarterly earnings data on Thursday, March 20th. The technology company reported $0.52 earnings per share (EPS) for the quarter. The company had revenue of $198.95 million during 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. Investors of record on Wednesday, April 30th will be given a dividend of $0.22 per share. This represents a dividend yield of 2.6%. The ex-dividend date is Wednesday, April 30th. This is an increase from Yiren Digital's previous semi-annual dividend of $0.20. Yiren Digital's dividend payout ratio (DPR) is 15.94%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in YRD. Dimensional Fund Advisors LP lifted its holdings in Yiren Digital by 2.9% during 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 during the last quarter. Connor Clark & Lunn Investment Management Ltd. raised 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 acquiring an additional 85,414 shares during the last quarter. Public Employees Retirement System of Ohio boosted its holdings in shares of Yiren Digital by 43.0% in the 4th 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 in the last quarter. Trexquant Investment LP bought a new stake in Yiren Digital during the 4th quarter worth approximately $138,000. Finally, American Century Companies Inc. acquired a new stake in Yiren Digital during the 4th quarter valued at $107,000. 1.99% of the stock is owned by institutional investors.
About Yiren Digital
(
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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