Which Institutions Own Shares In FinVolution Group (FINV)?

FinVolution Group (NYSE: FINV) is -21.13% lower on its value in year-to-date trading and has touched a low of $1.22 and a high of $4.60 in the current 52-week trading range. The FINV stock was last observed hovering at around $2.09 in the recent trading session, with the current gains setting it 0.02% off its average median price target of $15.00 for the next 12 months. It is also 92.03% off the consensus price target high of $26.47 offered by 6 analysts, but current levels are 83.39% higher than the price target low of $12.70 for the same period.


The 2021 Backdoor Crypto Portfolio (free)

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.

Sponsored


At last check, trading at $2.11, the stock is 20.34% and 24.89% above its SMA20 and SMA50 respectively. However, with a current trading volume of 0.77 million and changing 0.88% at the moment leaves the stock -0.77% off its SMA200. FINV registered -51.95% loss for a year compared to 6-month loss of -18.36%. The firm has a 50-day simple moving average (SMA 50) of $1.7091 and a 200-day simple moving average (SMA200) of $1.8556.

The stock witnessed a 6.63% gain in the last 1 month and extending the period to 3 months gives it a 26.67%, and is 10.00% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.95% over the week and 9.12% over the month.

FinVolution Group (FINV) has around 3883 employees, a market worth around $659.83M and $935.00M in sales. Current P/E ratio is 2.20 and Fwd P/E is 2.80. Profit margin for the company is 31.60%. Distance from 52-week low is 72.82% and -54.17% from its 52-week high. The company has generated returns on investments over the last 12 months (26.50%).

FinVolution Group (FINV) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for FinVolution Group (FINV) is a “Overweight”. 6 analysts offering their recommendations for the stock have an average rating of 2.30, where 3 rate it as a Hold and 0 think it is a “Overweight”. 3 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

FinVolution Group is expected to release its quarterly report on 08/19/2020 and quarterly earnings per share for the current quarter are estimated at $1.19 with sales reaching $2.15B over the same period.The EPS is expected to shrink by -1.00% this year, but quarterly earnings will post -7.90% year-over-year. Quarterly sales are estimated to grow 37.40% in year-over-year returns.

FinVolution Group (FINV) Top Institutional Holders

92 institutions hold shares in FinVolution Group (FINV), with 49.49M shares held by insiders accounting for 16.24% while institutional investors hold 38.13% of the company’s shares. The shares outstanding are 304.66M, and float is at 76.78M with Short Float at 1.08%. Institutions hold 31.94% of the Float.

The top institutional shareholder in the company is Wells Fargo & Company with over 11.59 million shares valued at $20.64 million. The investor’s holdings represent 68.20% of the FINV Shares outstanding. As of Mar 30, 2020, the second largest holder is Vanguard Group, Inc. (The) with 3.42 million shares valued at $6.08 million to account for 20.10% of the shares outstanding. The other top investors are Krane Funds Advisors LLC which holds 2.67 million shares representing 15.70% and valued at over $4.75 million, while APG Asset Management N.V. holds 12.24% of the shares totaling 2.08 million with a market value of $3.7 million.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free