Shares of Yiren Digital Ltd. (NYSE:YRD - Get Free Report) were up 7.3% on Monday . The company traded as high as $5.87 and last traded at $5.72. Approximately 29,988 shares changed hands during trading, a decline of 79% from the average daily volume of 145,201 shares. The stock had previously closed at $5.33.
Yiren Digital Stock Performance
The company has a 50 day simple moving average of $6.69 and a two-hundred day simple moving average of $5.89. The firm has a market cap of $501.37 million, a PE ratio of 1.97 and a beta of 0.66.
Yiren Digital (NYSE:YRD - Get Free Report) last posted its quarterly earnings data on Thursday, March 20th. The technology company reported $0.52 earnings per share (EPS) for the quarter. Yiren Digital had a net margin of 32.37% and a return on equity of 20.85%. The business had revenue of $198.95 million for the quarter.
Yiren Digital Increases Dividend
The firm also recently disclosed 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%. This is an increase from Yiren Digital's previous semi-annual dividend of $0.20. The ex-dividend date is Wednesday, April 30th. Yiren Digital's dividend payout ratio (DPR) is presently 15.94%.
Institutional Trading of Yiren Digital
A number of institutional investors and hedge funds have recently added to or reduced their stakes in YRD. XTX Topco Ltd grew its stake in shares of Yiren Digital by 34.5% in the third quarter. XTX Topco Ltd now owns 20,657 shares of the technology company's stock worth $118,000 after acquiring an additional 5,294 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new position in shares of Yiren Digital during the 3rd quarter worth $153,000. Connor Clark & Lunn Investment Management Ltd. lifted its holdings 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 purchasing an additional 85,414 shares in the last quarter. American Century Companies Inc. acquired a new stake in Yiren Digital during the fourth quarter worth approximately $107,000. Finally, Trexquant Investment LP acquired a new stake in Yiren Digital in the 4th quarter worth about $138,000. Hedge funds and other institutional investors own 1.99% of the company's stock.
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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