QRG Capital Management Inc. Increases Stake in Jiayin Group Inc. (NASDAQ:JFIN)

QRG Capital Management Inc. grew its position in Jiayin Group Inc. (NASDAQ:JFINFree Report) by 45.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 16,082 shares of the company’s stock after buying an additional 5,031 shares during the period. QRG Capital Management Inc.’s holdings in Jiayin Group were worth $83,000 as of its most recent SEC filing.

Separately, EWA LLC bought a new stake in shares of Jiayin Group during the fourth quarter valued at approximately $64,000. Institutional investors and hedge funds own 44.08% of the company’s stock.

Jiayin Group Trading Down 1.3 %

JFIN stock opened at $6.67 on Wednesday. The stock’s 50 day simple moving average is $6.72 and its 200 day simple moving average is $5.91. Jiayin Group Inc. has a 12-month low of $4.45 and a 12-month high of $8.19. The stock has a market capitalization of $358.11 million, a PE ratio of 1.97 and a beta of 0.97.

Jiayin Group (NASDAQ:JFINGet Free Report) last released its quarterly earnings data on Thursday, March 28th. The company reported $0.96 EPS for the quarter. The company had revenue of $225.43 million during the quarter. Jiayin Group had a return on equity of 66.42% and a net margin of 23.75%.

About Jiayin Group

(Free Report)

Jiayin Group Inc provides online consumer finance services in the People's Republic of China. The company operates a fintech platform that facilitates transparent, secure, and fast connections between individual borrowers and financial institutions funding partners. It also offers referral services for investment products offered by the financial service providers; and software development, risk control, marketing support, and IT assistance services.

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Institutional Ownership by Quarter for Jiayin Group (NASDAQ:JFIN)

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