D Orazio & Associates Inc. Makes New Investment in LexinFintech Holdings Ltd. (NASDAQ:LX)

D Orazio & Associates Inc. purchased a new position in shares of LexinFintech Holdings Ltd. (NASDAQ:LX) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 32,801 shares of the company’s stock, valued at approximately $190,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. bought a new stake in LexinFintech in the 4th quarter valued at $29,000. Wolverine Trading LLC bought a new stake in shares of LexinFintech in the 3rd quarter worth about $29,000. Kathmere Capital Management LLC bought a new stake in shares of LexinFintech in the 4th quarter worth about $79,000. Centiva Capital LP bought a new stake in shares of LexinFintech in the 3rd quarter worth about $41,000. Finally, GSA Capital Partners LLP increased its holdings in shares of LexinFintech by 3.9% in the 3rd quarter. GSA Capital Partners LLP now owns 435,219 shares of the company’s stock worth $1,184,000 after buying an additional 16,312 shares during the last quarter.

Wall Street Analysts Forecast Growth

Separately, Citigroup upgraded shares of LexinFintech from a “neutral” rating to a “buy” rating in a report on Tuesday, November 26th.

LexinFintech Stock Performance

LexinFintech stock opened at $8.23 on Friday. The company has a market cap of $1.35 billion, a PE ratio of 13.06 and a beta of 0.66. LexinFintech Holdings Ltd. has a twelve month low of $1.56 and a twelve month high of $8.50. The company’s 50-day moving average price is $6.40 and its 200-day moving average price is $3.88. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 0.10.

LexinFintech (NASDAQ:LX) last issued its quarterly earnings results on Monday, November 25th. The company reported $0.26 EPS for the quarter. LexinFintech had a net margin of 5.34% and a return on equity of 7.47%.

LexinFintech Company Profile

LexinFintech Holdings Ltd., through its subsidiaries, provides online consumer finance services in the People's Republic of China. The company operates Fenqile.com, an online consumption and consumer finance platform that offers installment purchase and personal installment loans, as well as online direct sales with installment payment terms; and Le Hua Card, a scenario-based lending.