Inventory analysts at StockNews.com started protection on shares of Fanhua (NASDAQ:FANH – Get Rating) in a analysis word issued to buyers on Sunday. The agency set a “maintain” score on the monetary providers supplier’s inventory.
Individually, TheStreet upgraded Fanhua from a “d+” score to a “c-” score in a report on Monday, September twelfth.
Fanhua Inventory Up 0.7 %
NASDAQ:FANH opened at $7.56 on Friday. Fanhua has a 12-month low of $4.31 and a 12-month excessive of $9.09. The agency has a market capitalization of $406.09 million, a P/E ratio of 75.60 and a beta of 0.35. The inventory’s fifty day easy shifting common is $5.45 and its 200-day easy shifting common is $5.17.
Fanhua (NASDAQ:FANH – Get Rating) final posted its quarterly earnings outcomes on Monday, November twenty first. The monetary providers supplier reported $0.09 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.09. Fanhua had a return on fairness of 8.32% and a web margin of 1.29%. The enterprise had income of $87.83 million for the quarter. As a bunch, equities analysis analysts count on that Fanhua will publish 0.14 earnings per share for the present 12 months.
Institutional Buying and selling of Fanhua
A number of hedge funds and different institutional buyers have just lately modified their holdings of the corporate. BlackRock Inc. elevated its place in shares of Fanhua by 7.7% within the first quarter. BlackRock Inc. now owns 1,090,051 shares of the monetary providers supplier’s inventory valued at $7,936,000 after buying an extra 77,719 shares over the last quarter. Penserra Capital Administration LLC acquired a brand new stake in shares of Fanhua within the first quarter valued at about $133,000. Gabelli Funds LLC elevated its place in shares of Fanhua by 63.3% within the first quarter. Gabelli Funds LLC now owns 24,500 shares of the monetary providers supplier’s inventory valued at $178,000 after buying an extra 9,500 shares over the last quarter. Hsbc Holdings PLC elevated its place in shares of Fanhua by 2.8% within the first quarter. Hsbc Holdings PLC now owns 73,817 shares of the monetary providers supplier’s inventory valued at $543,000 after buying an extra 2,026 shares over the last quarter. Lastly, Invesco Ltd. elevated its place in shares of Fanhua by 59.1% within the first quarter. Invesco Ltd. now owns 40,687 shares of the monetary providers supplier’s inventory valued at $296,000 after buying an extra 15,109 shares over the last quarter. Institutional buyers and hedge funds personal 19.77% of the corporate’s inventory.
Fanhua Inc, along with its subsidiary, distributes insurance coverage merchandise in China. It operates by two segments, Insurance coverage Company and Claims Adjusting. The Insurance coverage Company phase offers property and casualty insurance coverage merchandise that primarily embrace particular person accident, journey, home-owner, and indemnity medical insurance coverage merchandise; and life insurance coverage merchandise, reminiscent of particular person well being, particular person complete life, particular person time period life, particular person endowment life, and particular person annuity, in addition to collaborating insurance coverage merchandise.
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