Yiren Digital Ltd. (NYSE:YRD) Shares Purchased by Axa S.A.

Axa S.A. boosted its holdings in shares of Yiren Digital Ltd. (NYSE:YRD) by 80.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,562 shares of the technology company’s stock after purchasing an additional 5,165 shares during the period. Axa S.A.’s holdings in Yiren Digital were worth $55,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Invesco Ltd. purchased a new stake in shares of Yiren Digital in the fourth quarter valued at approximately $71,000. American Century Companies Inc. purchased a new stake in Yiren Digital in the 4th quarter worth $107,000. Trexquant Investment LP acquired a new position in Yiren Digital during the fourth quarter worth $138,000. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in Yiren Digital by 33.3% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 341,877 shares of the technology company’s stock valued at $1,641,000 after purchasing an additional 85,414 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in Yiren Digital by 2.9% during the fourth 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 owned by institutional investors and hedge funds.

Yiren Digital Stock Up 1.0 %

YRD stock opened at $6.26 on Friday. Yiren Digital Ltd. has a 52 week low of $4.12 and a 52 week high of $9.20. The firm has a 50-day simple moving average of $6.52 and a 200-day simple moving average of $5.87. The stock has a market capitalization of $540.90 million, a P/E ratio of 2.16 and a beta of 0.77.

Yiren Digital (NYSE:YRD) last announced its quarterly earnings data on Thursday, March 20th. The technology company reported $0.52 earnings per share for the quarter. Yiren Digital had a return on equity of 20.85% and a net margin of 32.37%. The company had revenue of $198.95 million for the quarter.

Yiren Digital Increases Dividend

The firm also recently announced a semi-annual dividend, which will be paid on Thursday, May 15th. Shareholders of record on Wednesday, April 30th will be paid a dividend of $0.22 per share. This is a boost from Yiren Digital’s previous semi-annual dividend of $0.20. The ex-dividend date is Wednesday, April 30th. This represents a yield of 2.6%. Yiren Digital’s dividend payout ratio (DPR) is 15.94%.

About Yiren Digital

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.