15,996 Shares in Yiren Digital Ltd. (NYSE:YRD) Bought by EntryPoint Capital LLC

EntryPoint Capital LLC acquired a new position in shares of Yiren Digital Ltd. (NYSE:YRD) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 15,996 shares of the technology company’s stock, valued at approximately $72,000.

Several other large investors have also modified their holdings of the company. OVERSEA CHINESE BANKING Corp Ltd bought a new stake in shares of Yiren Digital during the 4th quarter worth $38,000. Advisors Preferred LLC bought a new stake in Yiren Digital in the 1st quarter valued at $76,000. Banco BTG Pactual S.A. bought a new stake in Yiren Digital in the 1st quarter valued at $223,000. RFG Advisory LLC bought a new stake in Yiren Digital in the 1st quarter valued at $715,000. Finally, Acadian Asset Management LLC raised its stake in shares of Yiren Digital by 63.9% in the 1st quarter. Acadian Asset Management LLC now owns 407,139 shares of the technology company’s stock valued at $1,817,000 after buying an additional 158,772 shares in the last quarter. 1.99% of the stock is owned by institutional investors.

Yiren Digital Trading Down 0.2 %

Shares of Yiren Digital stock traded down $0.01 during mid-day trading on Friday, reaching $4.64. 38,871 shares of the stock were exchanged, compared to its average volume of 65,807. The firm has a 50-day simple moving average of $4.76 and a 200 day simple moving average of $4.84. The company has a market cap of $403.36 million, a price-to-earnings ratio of 1.39 and a beta of 0.72. Yiren Digital Ltd. has a fifty-two week low of $2.16 and a fifty-two week high of $5.80.

Yiren Digital (NYSE:YRD) last issued its quarterly earnings results on Friday, June 21st. The technology company reported $0.76 earnings per share (EPS) for the quarter. The business had revenue of $190.86 million during the quarter. Yiren Digital had a net margin of 40.47% and a return on equity of 27.42%.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Yiren Digital from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, May 28th.

Yiren Digital Profile

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.