D Orazio & Associates Inc. Makes New $190,000 Investment in LexinFintech Holdings Ltd. (NASDAQ:LX)

D Orazio & Associates Inc. bought a new position in shares of LexinFintech Holdings Ltd. (NASDAQ:LX) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 32,801 shares of the company’s stock, valued at approximately $190,000.

Other institutional investors have also recently made changes to their positions in the company. Connor Clark & Lunn Investment Management Ltd. grew its position in shares of LexinFintech by 25.7% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,107,663 shares of the company’s stock valued at $3,013,000 after purchasing an additional 226,479 shares during the period. Walleye Capital LLC boosted its position in LexinFintech by 235.5% during the third quarter. Walleye Capital LLC now owns 726,588 shares of the company’s stock worth $1,976,000 after acquiring an additional 510,014 shares during the last quarter. GSA Capital Partners LLP boosted its position in LexinFintech by 3.9% during the third quarter. GSA Capital Partners LLP now owns 435,219 shares of the company’s stock worth $1,184,000 after acquiring an additional 16,312 shares during the last quarter. Jane Street Group LLC boosted its position in LexinFintech by 32.9% during the third quarter. Jane Street Group LLC now owns 266,547 shares of the company’s stock worth $725,000 after acquiring an additional 65,964 shares during the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new position in LexinFintech during the third quarter worth about $467,000.

Wall Street Analyst Weigh In

Separately, Citigroup raised shares of LexinFintech from a “neutral” rating to a “buy” rating in a research note on Tuesday, November 26th.

LexinFintech Price Performance

Shares of LX stock opened at $8.23 on Friday. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.66 and a quick ratio of 1.66. The firm’s 50-day moving average is $6.40 and its two-hundred day moving average is $3.88. LexinFintech Holdings Ltd. has a 12 month low of $1.56 and a 12 month high of $8.50. The company has a market capitalization of $1.35 billion, a PE ratio of 13.06 and a beta of 0.66.

LexinFintech (NASDAQ:LX) last issued its earnings results on Monday, November 25th. The company reported $0.26 EPS for the quarter. LexinFintech had a net margin of 5.34% and a return on equity of 7.47%.

About LexinFintech

LexinFintech Holdings Ltd., through its subsidiaries, provides online consumer finance services in the People's Republic of China. The company operates Fenqile.com, an online consumption and consumer finance platform that offers installment purchase and personal installment loans, as well as online direct sales with installment payment terms; and Le Hua Card, a scenario-based lending.