XTX Topco Ltd Acquires New Shares in loanDepot, Inc. (NYSE:LDI)

XTX Topco Ltd bought a new position in shares of loanDepot, Inc. (NYSE:LDI) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 39,486 shares of the company’s stock, valued at approximately $81,000.

A number of other large investors have also recently made changes to their positions in the stock. Barclays PLC grew its stake in loanDepot by 25.1% during the fourth quarter. Barclays PLC now owns 998,259 shares of the company’s stock valued at $2,036,000 after acquiring an additional 200,000 shares in the last quarter. Optimize Financial Inc bought a new position in loanDepot in the 4th quarter valued at $272,000. RPO LLC purchased a new position in shares of loanDepot during the 4th quarter valued at $55,000. Geode Capital Management LLC increased its holdings in shares of loanDepot by 7.5% in the fourth quarter. Geode Capital Management LLC now owns 775,097 shares of the company’s stock worth $1,582,000 after purchasing an additional 54,350 shares during the period. Finally, Cannell & Spears LLC raised its position in shares of loanDepot by 301.3% in the fourth quarter. Cannell & Spears LLC now owns 1,294,200 shares of the company’s stock worth $2,640,000 after buying an additional 971,700 shares in the last quarter. 39.39% of the stock is owned by institutional investors.

loanDepot Price Performance

Shares of NYSE:LDI opened at $1.12 on Thursday. The company’s fifty day moving average price is $1.33 and its 200-day moving average price is $1.78. The company has a debt-to-equity ratio of 4.76, a current ratio of 1.16 and a quick ratio of 1.16. The firm has a market capitalization of $366.03 million, a price-to-earnings ratio of -2.14, a PEG ratio of 0.25 and a beta of 3.38. loanDepot, Inc. has a one year low of $1.01 and a one year high of $3.23.

Wall Street Analyst Weigh In

Separately, UBS Group decreased their target price on loanDepot from $1.35 to $1.25 and set a “neutral” rating on the stock in a research note on Wednesday, April 16th.

About loanDepot

loanDepot, Inc engages in originating, financing, selling, and servicing residential mortgage loans in the United States. The company offers conventional agency-conforming and prime jumbo, federal assistance residential mortgage, and home equity loans. It also provides settlement services, which include captive title and escrow business; real estate services that cover captive real estate referral business; and insurance services, including services to homeowners, as well as other consumer insurance policies.