Franklin Resources Inc. Has $1,398,000 Holdings in Leju Holdings Limited (LEJU)
Franklin Resources Inc. held its position in shares of Leju Holdings Limited (NYSE:LEJU) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 759,499 shares of the financial services provider’s stock at the end of the 2nd quarter. Franklin Resources Inc. owned about 0.56% of Leju Holdings Limited worth $1,398,000 as of its most recent SEC filing.
Separately, Renaissance Technologies LLC increased its stake in shares of Leju Holdings Limited by 6.9% in the first quarter. Renaissance Technologies LLC now owns 331,300 shares of the financial services provider’s stock worth $1,136,000 after acquiring an additional 21,300 shares during the period. Institutional investors and hedge funds own 4.62% of the company’s stock.
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Several brokerages recently issued reports on LEJU. Zacks Investment Research raised shares of Leju Holdings Limited from a “strong sell” rating to a “hold” rating in a report on Thursday, June 15th. J P Morgan Chase & Co lowered shares of Leju Holdings Limited from a “neutral” rating to an “underweight” rating and lowered their price target for the company from $3.80 to $2.10 in a report on Thursday, June 22nd. ValuEngine raised shares of Leju Holdings Limited from a “strong sell” rating to a “sell” rating in a report on Friday, September 1st. Finally, BidaskClub raised Leju Holdings Limited from a “sell” rating to a “hold” rating in a research report on Sunday, September 24th. Four research analysts have rated the stock with a sell rating and one has issued a hold rating to the company. The company currently has an average rating of “Sell” and a consensus price target of $2.10.
Shares of Leju Holdings Limited (NYSE:LEJU) opened at 1.69 on Monday. Leju Holdings Limited has a 12-month low of $1.28 and a 12-month high of $5.47. The company’s 50-day moving average price is $1.63 and its 200 day moving average price is $2.51. The firm’s market capitalization is $314.34 million.
Leju Holdings Limited (NYSE:LEJU) last released its quarterly earnings results on Thursday, August 31st. The financial services provider reported ($0.64) EPS for the quarter, missing the consensus estimate of ($0.16) by ($0.48). The business had revenue of $92.70 million during the quarter, compared to analysts’ expectations of $78.58 million. Leju Holdings Limited had a negative net margin of 27.57% and a negative return on equity of 31.88%. The firm’s revenue for the quarter was down 41.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.11 EPS. On average, equities research analysts forecast that Leju Holdings Limited will post ($0.74) EPS for the current fiscal year.
Leju Holdings Limited 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.
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