1 day Ago By Defense World Staff
Renaissance Technologies LLC lowered its stake in shares of loanDepot, Inc. ( NYSE:LDI – Free Report ) by 18.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission.
The institutional investor owned 557,800 shares of the company’s stock after selling 123,500 shares during the period. Renaissance Technologies LLC owned about 0.17% of loanDepot worth $1,138,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in LDI. Jane Street Group LLC acquired a new stake in shares of loanDepot during the 3rd quarter valued at approximately $54,000. Barclays PLC purchased a new position in loanDepot in the 3rd quarter valued at approximately $2,180,000.
Geode Capital Management LLC raised its holdings in loanDepot by 21.0% during the third quarter. Geode Capital Management LLC now owns 720,747 shares of the company’s stock worth $1,968,000 after purchasing an additional 125,059 shares during the last quarter.
Empowered Funds LLC boosted its position in loanDepot by 5.0% during the fourth quarter. Empowered Funds LLC now owns 245,189 shares of the company’s stock worth $500,000 after purchasing an additional 11,647 shares in the last quarter.
Finally, Atria Investments Inc grew its holdings in loanDepot by 29.2% in the fourth quarter. Atria Investments Inc now owns 28,313 shares of the company’s stock valued at $58,000 after purchasing an additional 6,397 shares during the last quarter.
39.39% of the stock is currently owned by institutional investors and hedge funds. loanDepot Trading Down 1.
4 % Shares of loanDepot stock opened at $1.07 on Wednesday. loanDepot, Inc.
has a 1 year low of $1.01 and a 1 year high of $3.23.
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 business has a 50 day moving average price of $1.34 and a 200 day moving average price of $1.
78. The company has a market capitalization of $349.62 million, a P/E ratio of -2.
05, a P/E/G ratio of 0.25 and a beta of 3.38.
Analyst Upgrades and Downgrades Get Our Latest Stock Report on LDI loanDepot Company Profile ( Free Report ) 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.
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