Yalla Group Limited Sponsored ADR (NYSE:YALA) Stock Holdings Increased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. raised its holdings in shares of Yalla Group Limited Sponsored ADR (NYSE:YALA) by 13.4% during the 1st quarter, Holdings Channel reports. The fund owned 190,606 shares of the company’s stock after purchasing an additional 22,541 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Yalla Group were worth $995,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. E Fund Management Hong Kong Co. Ltd. bought a new stake in shares of Yalla Group in the 1st quarter worth $644,000. Blue Trust Inc. raised its stake in shares of Yalla Group by 23.5% in the 1st quarter. Blue Trust Inc. now owns 50,550 shares of the company’s stock worth $264,000 after buying an additional 9,621 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of Yalla Group by 265.8% in the 1st quarter. GAMMA Investing LLC now owns 85,044 shares of the company’s stock worth $444,000 after buying an additional 61,796 shares in the last quarter. Public Employees Retirement System of Ohio raised its stake in shares of Yalla Group by 123.9% in the 4th quarter. Public Employees Retirement System of Ohio now owns 26,173 shares of the company’s stock worth $106,000 after buying an additional 14,483 shares in the last quarter. Finally, Vident Advisory LLC raised its stake in shares of Yalla Group by 180.3% in the 4th quarter. Vident Advisory LLC now owns 156,823 shares of the company’s stock worth $637,000 after buying an additional 100,872 shares in the last quarter. Institutional investors own 4.73% of the company’s stock.

Yalla Group Stock Performance

YALA opened at $6.76 on Thursday. Yalla Group Limited Sponsored ADR has a one year low of $3.71 and a one year high of $8.29. The stock’s fifty day moving average is $7.10 and its 200-day moving average is $5.44. The company has a market capitalization of $1.07 billion, a PE ratio of 8.78 and a beta of 0.79.

Yalla Group (NYSE:YALA) last issued its earnings results on Monday, May 19th. The company reported $0.22 earnings per share (EPS) for the quarter. The business had revenue of $83.88 million for the quarter. Yalla Group had a return on equity of 20.67% and a net margin of 40.94%.

Yalla Group Company Profile

Yalla Group Limited operates a social networking and gaming platform primarily in the Middle East and North Africa region. It provides mobile applications, including Yalla, a voice-centric group chat platform; and Yalla Ludo, a casual gaming application. The company’s platform offers group chatting and games services; and sells virtual items, as well as provides upgrade services.