LexinFintech Holdings Ltd. Sponsored ADR $LX Shares Acquired by GSA Capital Partners LLP

GSA Capital Partners LLP increased its stake in shares of LexinFintech Holdings Ltd. Sponsored ADR (NASDAQ:LX) by 1,611.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 188,459 shares of the company’s stock after acquiring an additional 177,447 shares during the period. GSA Capital Partners LLP owned about 0.11% of LexinFintech worth $1,004,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of LexinFintech by 65.2% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,818 shares of the company’s stock worth $31,000 after purchasing an additional 2,296 shares during the period. Tower Research Capital LLC TRC grew its position in LexinFintech by 350.5% during the second quarter. Tower Research Capital LLC TRC now owns 9,969 shares of the company’s stock valued at $72,000 after buying an additional 7,756 shares during the period. Quantbot Technologies LP purchased a new position in LexinFintech in the second quarter valued at $107,000. Tidal Investments LLC acquired a new position in shares of LexinFintech in the second quarter worth about $115,000. Finally, Fox Run Management L.L.C. purchased a new stake in shares of LexinFintech during the 2nd quarter worth about $124,000.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on LX shares. Weiss Ratings restated a “hold (c)” rating on shares of LexinFintech in a research note on Monday, December 29th. UBS Group cut LexinFintech from a “buy” rating to a “neutral” rating and cut their price objective for the company from $13.60 to $3.50 in a research report on Thursday, December 4th. Finally, Wall Street Zen downgraded LexinFintech from a “buy” rating to a “hold” rating in a research note on Saturday, November 15th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $3.50.

LexinFintech Stock Up 1.3%

NASDAQ LX opened at $3.03 on Friday. The business has a fifty day moving average price of $3.06 and a 200 day moving average price of $4.40. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.80 and a current ratio of 1.80. The company has a market cap of $509.83 million, a P/E ratio of 2.13 and a beta of 0.74. LexinFintech Holdings Ltd. Sponsored ADR has a one year low of $2.62 and a one year high of $11.64.

LexinFintech Company Profile

LexinFintech Holdings Ltd. (NASDAQ: LX) is a China-based consumer finance and digital banking platform primarily serving young, underbanked consumers. The company’s core offering is point-of-sale installment financing, enabling eligible customers to split purchases into fixed monthly payments with transparent fees. Leveraging proprietary data analytics and credit scoring models, LexinFintech underwrites consumer loans for online purchases and provides credit lines that support a variety of retail and e-commerce transactions.

In addition to its flagship installment loan service, LexinFintech has developed wealth management and fintech-as-a-service products.