XTX Topco Ltd Buys New Holdings in Yirendai Ltd. (NYSE:YRD)

XTX Topco Ltd purchased a new stake in Yirendai Ltd. (NYSE:YRD) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor purchased 31,949 shares of the technology company’s stock, valued at approximately $220,000.

Other large investors have also recently added to or reduced their stakes in the company. Two Sigma Investments LP acquired a new stake in Yirendai in the 4th quarter valued at $61,000. American Century Companies Inc. acquired a new stake in Yirendai in the 4th quarter valued at $107,000. Invesco Ltd. acquired a new stake in Yirendai in the 4th quarter valued at $71,000. Public Employees Retirement System of Ohio increased its holdings in Yirendai by 43.0% in the 4th quarter. Public Employees Retirement System of Ohio now owns 38,528 shares of the technology company’s stock valued at $185,000 after purchasing an additional 11,583 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in Yirendai by 2.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,088,920 shares of the technology company’s stock valued at $5,225,000 after purchasing an additional 30,641 shares in the last quarter. 1.99% of the stock is currently owned by institutional investors and hedge funds.

Yirendai Trading Up 2.5%

Shares of NYSE YRD opened at $5.82 on Wednesday. The stock has a fifty day moving average price of $6.16 and a 200 day moving average price of $6.35. The company has a market cap of $502.88 million, a P/E ratio of 2.72 and a beta of 0.78. Yirendai Ltd. has a 12-month low of $4.22 and a 12-month high of $9.20.

Yirendai (NYSE:YRD) last announced its earnings results on Thursday, June 12th. The technology company reported $0.39 earnings per share for the quarter. The company had revenue of $214.22 million during the quarter. Yirendai had a return on equity of 14.33% and a net margin of 22.48%.

Yirendai Profile

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.