O Shaughnessy Asset Management LLC Boosts Position in FinVolution Group (NYSE:FINV)

O Shaughnessy Asset Management LLC lifted its position in FinVolution Group (NYSE:FINV) by 54.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 713,690 shares of the company’s stock after buying an additional 250,967 shares during the quarter. O Shaughnessy Asset Management LLC owned approximately 0.27% of FinVolution Group worth $3,597,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. QRG Capital Management Inc. lifted its stake in FinVolution Group by 5.3% in the 4th quarter. QRG Capital Management Inc. now owns 62,287 shares of the company’s stock worth $305,000 after purchasing an additional 3,118 shares in the last quarter. D Orazio & Associates Inc. boosted its stake in FinVolution Group by 23.7% during the first quarter. D Orazio & Associates Inc. now owns 22,318 shares of the company’s stock valued at $112,000 after buying an additional 4,276 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in FinVolution Group by 27.9% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 26,155 shares of the company’s stock worth $128,000 after buying an additional 5,705 shares in the last quarter. Ballentine Partners LLC increased its stake in FinVolution Group by 62.7% in the 1st quarter. Ballentine Partners LLC now owns 18,481 shares of the company’s stock worth $93,000 after acquiring an additional 7,123 shares during the last quarter. Finally, Kathmere Capital Management LLC increased its stake in FinVolution Group by 28.9% in the 1st quarter. Kathmere Capital Management LLC now owns 35,465 shares of the company’s stock worth $179,000 after acquiring an additional 7,946 shares during the last quarter. 31.15% of the stock is currently owned by institutional investors.

FinVolution Group Price Performance

NYSE FINV traded up $0.02 during trading on Wednesday, reaching $5.07. The company’s stock had a trading volume of 544,093 shares, compared to its average volume of 704,738. The stock has a market capitalization of $1.34 billion, a PE ratio of 4.63 and a beta of 0.44. The firm has a fifty day moving average of $4.83 and a 200 day moving average of $4.91. FinVolution Group has a one year low of $4.22 and a one year high of $6.05.

FinVolution Group (NYSE:FINV) last announced its quarterly earnings data on Wednesday, May 15th. The company reported $0.29 earnings per share for the quarter. The company had revenue of $438.36 million for the quarter. FinVolution Group had a return on equity of 16.91% and a net margin of 17.15%.

About FinVolution Group

FinVolution Group operates in the online consumer finance industry. The company operates a fintech platform that is empowered by borrowers with financial institutions. It operates in China and internationally. The company was formerly known as PPDAI Group Inc and changed its name to FinVolution Group in November 2019.