Banque Cantonale Vaudoise Acquires 100,000 Shares of Qifu Expertise, Inc. (NASDAQ:QFIN)


Banque Cantonale Vaudoise elevated its holdings in Qifu Expertise, Inc. (NASDAQ:QFIN – Free Report) by 94.3% within the 1st quarter, in accordance with its most up-to-date submitting with the SEC. The institutional investor owned 206,000 shares of the corporate’s inventory after shopping for a further 100,000 shares through the quarter. Banque Cantonale Vaudoise owned about 0.13% of Qifu Expertise value $3,797,000 on the finish of the newest reporting interval.

A number of different giant traders additionally just lately purchased and offered shares of QFIN. Parallel Advisors LLC grew its stake in shares of Qifu Expertise by 83.9% through the 4th quarter. Parallel Advisors LLC now owns 2,426 shares of the corporate’s inventory valued at $38,000 after buying a further 1,107 shares through the interval. Staff Retirement System of Texas purchased a brand new stake in shares of Qifu Expertise through the third quarter valued at about $51,000. Clear Road Markets LLC purchased a brand new stake in shares of Qifu Expertise through the third quarter valued at about $58,000. BOCHK Asset Administration Ltd purchased a brand new stake in shares of Qifu Expertise through the 4th quarter valued at about $95,000. Lastly, Barometer Capital Administration Inc. purchased a brand new stake in shares of Qifu Expertise through the 4th quarter valued at about $127,000. 74.81% of the inventory is at present owned by institutional traders.

Qifu Expertise Inventory Up 0.6 %

QFIN inventory opened at $19.76 on Friday. Qifu Expertise, Inc. has a twelve month low of $13.68 and a twelve month excessive of $21.57. The inventory has a market cap of $3.19 billion, a P/E ratio of 5.12, a PEG ratio of 0.43 and a beta of 0.50. The enterprise’s 50-day shifting common value is $19.64 and its 200-day shifting common value is $17.22.

Qifu Expertise (NASDAQ:QFIN – Get Free Report) final posted its quarterly earnings information on Sunday, Could nineteenth. The corporate reported $1.02 earnings per share for the quarter, beating analysts’ consensus estimates of $1.00 by $0.02. Qifu Expertise had a return on fairness of 20.96% and a internet margin of 26.80%. The agency had income of $575.21 million for the quarter, in comparison with analysts’ expectations of $590.38 million. On common, equities analysis analysts count on that Qifu Expertise, Inc. will publish 4.19 earnings per share for the present fiscal 12 months.

Analyst Scores Modifications

Individually, Citigroup boosted their value goal on Qifu Expertise from $23.54 to $23.80 and gave the corporate a “purchase” score in a analysis notice on Thursday, March 14th.

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Qifu Expertise Profile

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Qifu Expertise, Inc, by its subsidiaries, operates credit-tech platform below the 360 Jietiao model within the Individuals’s Republic of China. It supplies credit-driven providers that matches debtors with monetary establishments to conduct buyer acquisition, preliminary and credit score screening, superior danger evaluation, credit score evaluation, fund matching, and different post-facilitation providers; and platform providers, together with mortgage facilitation and post-facilitation providers to monetary establishment companions below intelligence credit score engine, referral providers, and danger administration software-as-a-service.

Additional Studying

Institutional Ownership by Quarter for Qifu Technology (NASDAQ:QFIN)



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