1 day Ago By ABMN Staff
Renaissance Technologies LLC lowered its position in Yiren Digital Ltd. ( NYSE:YRD – Free Report ) by 3.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission.
The fund owned 237,365 shares of the technology company’s stock after selling 7,300 shares during the quarter. Renaissance Technologies LLC’s holdings in Yiren Digital were worth $1,139,000 as of its most recent SEC filing. Other institutional investors and hedge funds also recently added to or reduced their stakes in the company.
Invesco Ltd. acquired a new stake in shares of Yiren Digital in the 4th quarter valued at $71,000. American Century Companies Inc.
acquired a new stake in Yiren Digital in the fourth quarter valued at $107,000. Trexquant Investment LP purchased a new stake in Yiren Digital during the 4th quarter worth about $138,000. Finally, Connor Clark & Lunn Investment Management Ltd.
boosted its position in shares of Yiren Digital by 33.3% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd.
now owns 341,877 shares of the technology company’s stock worth $1,641,000 after acquiring an additional 85,414 shares in the last quarter. Institutional investors and hedge funds own 1.99% of the company’s stock.
Yiren Digital Stock Performance Shares of NYSE YRD opened at $6.61 on Wednesday. The stock’s 50-day simple moving average is $6.
60 and its 200-day simple moving average is $5.84. The firm has a market capitalization of $579.
89 million, a PE ratio of 2.28 and a beta of 0.66.
Yiren Digital Ltd. has a fifty-two week low of $4.12 and a fifty-two week high of $9.
20. Yiren Digital Increases Dividend The company also recently disclosed a semi-annual dividend, which will be paid on Thursday, May 15th. Shareholders of record on Wednesday, April 30th will be issued a dividend of $0.
22 per share. This is a positive change from Yiren Digital’s previous semi-annual dividend of $0.20.
The ex-dividend date of this dividend is Wednesday, April 30th. This represents a dividend yield of 2.6%.
Yiren Digital’s dividend payout ratio (DPR) is presently 15.94%. Yiren Digital Profile ( Free Report ) 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.
Recommended Stories Want to see what other hedge funds are holding YRD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Yiren Digital Ltd. ( NYSE:YRD – Free Report ).
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