Diversify Wealth Management LLC Acquires 5,552 Shares of Qifu Technology, Inc. (NASDAQ:QFIN)

Diversify Wealth Management LLC lifted its holdings in Qifu Technology, Inc. (NASDAQ:QFIN) by 19.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 33,941 shares of the company’s stock after acquiring an additional 5,552 shares during the period. Diversify Wealth Management LLC’s holdings in Qifu Technology were worth $1,225,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. State Street Corp boosted its stake in Qifu Technology by 5.8% in the 3rd quarter. State Street Corp now owns 2,324,831 shares of the company’s stock worth $70,637,000 after purchasing an additional 128,381 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Qifu Technology by 5.3% during the second quarter. Dimensional Fund Advisors LP now owns 2,193,893 shares of the company’s stock worth $43,262,000 after acquiring an additional 109,809 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its stake in Qifu Technology by 66.9% during the third quarter. Robeco Institutional Asset Management B.V. now owns 1,369,278 shares of the company’s stock valued at $40,818,000 after acquiring an additional 548,678 shares in the last quarter. AQR Capital Management LLC bought a new stake in Qifu Technology in the 2nd quarter valued at $25,560,000. Finally, Geode Capital Management LLC lifted its stake in Qifu Technology by 3.2% in the 3rd quarter. Geode Capital Management LLC now owns 1,309,635 shares of the company’s stock worth $38,866,000 after purchasing an additional 41,139 shares in the last quarter. Hedge funds and other institutional investors own 74.81% of the company’s stock.

Analyst Ratings Changes

Separately, Citigroup increased their price objective on shares of Qifu Technology from $31.44 to $37.50 and gave the company a “buy” rating in a report on Thursday, November 21st.

Qifu Technology Stock Up 3.6 %

Qifu Technology stock opened at $38.37 on Tuesday. The firm’s fifty day moving average is $36.58 and its 200 day moving average is $29.85. Qifu Technology, Inc. has a 52-week low of $13.71 and a 52-week high of $40.31.

About Qifu Technology

Qifu Technology, Inc, through its subsidiaries, operates credit-tech platform under the 360 Jietiao brand in the People's Republic of China. It provides credit-driven services that matches borrowers with financial institutions to conduct customer acquisition, initial and credit screening, advanced risk assessment, credit assessment, fund matching, and other post-facilitation services; and platform services, including loan facilitation and post-facilitation services to financial institution partners under intelligence credit engine, referral services, and risk management software-as-a-service.