Shares of Leju Holdings Ltd. (NYSE:LEJU) have received a consensus rating of “Hold” from the six ratings firms that are covering the company. Two equities research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $5.63.

LEJU has been the subject of a number of research reports. Credit Agricole SA cut Leju Holdings from an “underperform” rating to a “sell” rating and dropped their price target for the company from $5.50 to $4.60 in a research note on Friday, August 26th. JPMorgan Chase & Co. assumed coverage on Leju Holdings in a report on Wednesday, August 31st. They issued a “neutral” rating and a $4.60 price objective for the company. Finally, Zacks Investment Research downgraded Leju Holdings from a “hold” rating to a “sell” rating in a report on Monday, August 29th.

Hedge funds have recently modified their holdings of the company. HBK Investments L P increased its stake in shares of Leju Holdings by 272.0% in the first quarter. HBK Investments L P now owns 79,600 shares of the company’s stock worth $415,000 after buying an additional 58,200 shares during the last quarter. Renaissance Technologies LLC increased its stake in shares of Leju Holdings by 301.5% in the first quarter. Renaissance Technologies LLC now owns 189,100 shares of the company’s stock worth $985,000 after buying an additional 142,000 shares during the last quarter. Freestone Capital Holdings LLC increased its stake in shares of Leju Holdings by 28.6% in the second quarter. Freestone Capital Holdings LLC now owns 448,882 shares of the company’s stock worth $2,087,000 after buying an additional 99,811 shares during the last quarter. Franklin Resources Inc. increased its stake in shares of Leju Holdings by 36.5% in the first quarter. Franklin Resources Inc. now owns 820,909 shares of the company’s stock worth $4,277,000 after buying an additional 219,348 shares during the last quarter. Finally, Contrarius Investment Management Ltd increased its stake in shares of Leju Holdings by 5.7% in the second quarter. Contrarius Investment Management Ltd now owns 4,223,043 shares of the company’s stock worth $19,637,000 after buying an additional 228,187 shares during the last quarter. Hedge funds and other institutional investors own 5.57% of the company’s stock.

Shares of Leju Holdings (NYSE:LEJU) traded down 1.65% during mid-day trading on Thursday, hitting $4.76. The stock had a trading volume of 46,621 shares. The company has a market cap of $885.36 million, a P/E ratio of 23.68 and a beta of 3.09. Leju Holdings has a 1-year low of $3.28 and a 1-year high of $7.57. The firm’s 50 day moving average price is $4.45 and its 200 day moving average price is $4.78.

Leju Holdings (NYSE:LEJU) last announced its quarterly earnings results on Thursday, August 25th. The company reported $0.11 EPS for the quarter, beating the Zacks’ consensus estimate of $0.10 by $0.01. Leju Holdings had a return on equity of 8.76% and a net margin of 4.59%. The company earned $158.30 million during the quarter, compared to analysts’ expectations of $172.75 million. During the same period in the prior year, the company earned $0.12 EPS. Leju Holdings’s revenue was up .3% compared to the same quarter last year. Analysts predict that Leju Holdings will post $0.37 earnings per share for the current fiscal year.

Leju Holdings Company Profile

Leju Holdings Limited is an online to offline (O2O), real estate services provider in China. The Company offers real estate e-commerce, online advertising and online listing services through its online platform, which consists of local Websites covering over 260 cities and various mobile applications.

5 Day Chart for NYSE:LEJU

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