Greenwoods Asset Management Ltd Has $362,000 Stake in Fanhua Inc (FANH)

Greenwoods Asset Management Ltd Has $362,000 Stake in Fanhua Inc (FANH)

Other hedge funds also recently modified their holdings of the company. State Street Corp raised its stake in shares of Fanhua by 7.3% in the fourth quarter. State Street Corp now owns 79,583 shares of the financial services provider’s stock worth $659,000 after buying an additional 5,432 shares in the last quarter. Oxford Asset Management bought a new stake in shares of Fanhua during the fourth quarter worth $223,000. FIL Ltd bought a new stake in shares of Fanhua during the fourth quarter worth $12,777,000. Renaissance Technologies LLC bought a new stake in shares of Fanhua during the fourth quarter worth $726,000. Finally, Levin Capital Strategies L.P. bought a new stake in shares of Fanhua during the fourth quarter worth $324,000. 9.42% of the stock is owned by institutional investors and hedge funds.

Greenwoods Asset Management Ltd held its stake in shares of Fanhua Inc (NASDAQ:FANH) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,900 shares of the financial services provider’s stock at the end of the first quarter. Fanhua accounts for 0.0% of Greenwoods Asset Management Ltd’s investment portfolio, making the stock its 22nd largest position. Greenwoods Asset Management Ltd’s holdings in Fanhua were worth $362,000 at the end of the most recent quarter.

Shares of Fanhua Inc (FANH) opened at 9.18 on Thursday. The company has a 50 day moving average of $8.52 and a 200-day moving average of $8.71. The firm has a market cap of $534.93 million, a price-to-earnings ratio of 18.62 and a beta of 0.59. Fanhua Inc has a one year low of $6.19 and a one year high of $10.35.

Fanhua (NASDAQ:FANH) last released its quarterly earnings data on Monday, May 22nd. The financial services provider reported $0.17 EPS for the quarter. Fanhua had a net margin of 3.42% and a return on equity of 4.04%. The company had revenue of $213.18 million during the quarter. On average, analysts expect that Fanhua Inc will post $0.78 EPS for the current year.

The company also recently disclosed an annual dividend, which was paid on Thursday, May 18th. Stockholders of record on Monday, May 8th were given a $0.105 dividend. The ex-dividend date of this dividend was Thursday, May 4th.

Fanhua Company Profile

Fanhua Inc, formerly CNinsure Inc, is an independent online-to-offline financial services provider in China. The Company distributes a range of property, casualty and life insurance products underwritten by domestic and foreign insurance companies operating in China to individual and institutional customers, and provides insurance claims adjusting services.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:FANH”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

Want to see what other hedge funds are holding FANH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fanhua Inc (NASDAQ:FANH).

Related posts

Leave a Comment