Noah Holdings Ltd. (NOAH) Downgraded by BidaskClub

BidaskClub cut shares of Noah Holdings Ltd. (NYSE:NOAH) from a strong-buy rating to a buy rating in a research report released on Monday, October 23rd.

Separately, Zacks Investment Research raised shares of Noah Holdings from a sell rating to a hold rating in a report on Thursday, August 31st.

Shares of Noah Holdings (NYSE:NOAH) opened at $39.47 on Monday. The firm has a market cap of $2,231.91, a price-to-earnings ratio of 22.82 and a beta of 2.60. Noah Holdings has a fifty-two week low of $21.33 and a fifty-two week high of $40.98.

TRADEMARK VIOLATION WARNING: “Noah Holdings Ltd. (NOAH) Downgraded by BidaskClub” was published by BBNS and is the property of of BBNS. If you are accessing this report on another publication, it was illegally copied and reposted in violation of U.S. & international copyright & trademark laws. The original version of this report can be read at https://baseballnewssource.com/markets/noah-holdings-ltd-noah-rating-lowered-to-buy-at-bidaskclub/1731871.html.

A number of large investors have recently modified their holdings of the stock. Wells Fargo & Company MN lifted its position in Noah Holdings by 1.2% in the 3rd quarter. Wells Fargo & Company MN now owns 179,841 shares of the asset manager’s stock valued at $5,774,000 after purchasing an additional 2,046 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Noah Holdings by 18.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 876,417 shares of the asset manager’s stock valued at $27,598,000 after buying an additional 138,248 shares during the period. Pictet Asset Management Ltd. acquired a new position in Noah Holdings during the 3rd quarter valued at about $324,000. Aperio Group LLC increased its stake in Noah Holdings by 109.7% during the 3rd quarter. Aperio Group LLC now owns 17,475 shares of the asset manager’s stock valued at $561,000 after buying an additional 9,143 shares during the period. Finally, First Trust Advisors LP increased its stake in Noah Holdings by 17.0% during the 3rd quarter. First Trust Advisors LP now owns 76,585 shares of the asset manager’s stock valued at $2,459,000 after buying an additional 11,100 shares during the period. Hedge funds and other institutional investors own 41.34% of the company’s stock.

Noah Holdings Company Profile

Noah Holdings Limited is a wealth management service provider with a focus on global wealth investment and asset allocation services for high net worth individuals and enterprises in China. The Company operates through three segments: wealth management, asset management and Internet finance. It also provides Internet finance services to clients in China.

Receive News & Ratings for Noah Holdings Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Noah Holdings Ltd. and related companies with our FREE daily email newsletter.

 


Latest News

Toronto Blue Jays Launch Internal Investigation on PED Use
Toronto Blue Jays Launch Internal Investigation on PED Use
Seattle Mariners Start Offseason With a Bang: Three Trades Over Four Days
Seattle Mariners Start Offseason With a Bang: Three Trades Over Four Days
MLB Commissioner: New Rule for Pace-of-Play in 2018
MLB Commissioner: New Rule for Pace-of-Play in 2018
Alex Cobb Could Be Good Fit for Cubs
Alex Cobb Could Be Good Fit for Cubs
Joey Votto Is One of Baseball’s Best Hitters
Joey Votto Is One of Baseball’s Best Hitters
Hunter Pence May Become Part-Time Player
Hunter Pence May Become Part-Time Player


Leave a Reply

 
© 2006-2017 BBNS.