D Orazio & Associates Inc. Acquires 4,276 Shares of FinVolution Group (NYSE:FINV)

D Orazio & Associates Inc. lifted its stake in FinVolution Group (NYSE:FINV) by 23.7% during the 1st quarter, Holdings Channel reports. The firm owned 22,318 shares of the company’s stock after acquiring an additional 4,276 shares during the period. D Orazio & Associates Inc.’s holdings in FinVolution Group were worth $112,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Russell Investments Group Ltd. grew its holdings in FinVolution Group by 155.9% during the first quarter. Russell Investments Group Ltd. now owns 503,756 shares of the company’s stock valued at $2,539,000 after purchasing an additional 306,903 shares during the period. HCEP Management Ltd grew its holdings in shares of FinVolution Group by 580.1% in the 4th quarter. HCEP Management Ltd now owns 250,000 shares of the company’s stock valued at $1,225,000 after buying an additional 213,242 shares during the period. DGS Capital Management LLC increased its position in shares of FinVolution Group by 14.3% in the 1st quarter. DGS Capital Management LLC now owns 245,588 shares of the company’s stock valued at $1,238,000 after buying an additional 30,753 shares in the last quarter. Campbell & CO Investment Adviser LLC lifted its holdings in FinVolution Group by 240.7% during the fourth quarter. Campbell & CO Investment Adviser LLC now owns 176,566 shares of the company’s stock worth $865,000 after acquiring an additional 124,746 shares in the last quarter. Finally, AJOVista LLC acquired a new position in FinVolution Group in the fourth quarter valued at about $647,000. 31.15% of the stock is owned by institutional investors and hedge funds.

FinVolution Group Trading Down 0.2 %

Shares of NYSE FINV traded down $0.01 during mid-day trading on Thursday, reaching $4.96. 539,073 shares of the company’s stock were exchanged, compared to its average volume of 712,422. The business has a fifty day simple moving average of $4.84 and a 200 day simple moving average of $4.91. FinVolution Group has a twelve month low of $4.22 and a twelve month high of $6.05. The firm has a market capitalization of $1.32 billion, a price-to-earnings ratio of 4.56 and a beta of 0.44.

FinVolution Group (NYSE:FINV) last announced its earnings results on Wednesday, May 15th. The company reported $0.29 EPS for the quarter. The firm had revenue of $438.36 million for the quarter. FinVolution Group had a net margin of 17.15% and a return on equity of 16.91%.

About FinVolution Group

FinVolution Group operates in the online consumer finance industry. The company operates a fintech platform that is empowered by borrowers with financial institutions. It operates in China and internationally. The company was formerly known as PPDAI Group Inc and changed its name to FinVolution Group in November 2019.