Dimensional Fund Advisors LP grew its stake in shares of eHi Car Services Limited (NYSE:EHIC) by 28.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 172,147 shares of the company’s stock after purchasing an additional 37,759 shares during the period. Dimensional Fund Advisors LP owned about 0.25% of eHi Car Services worth $1,718,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of EHIC. Parametric Portfolio Associates LLC acquired a new position in eHi Car Services in the 2nd quarter worth about $186,000. Renaissance Group LLC acquired a new position in eHi Car Services in the 2nd quarter worth about $431,000. Finally, Renaissance Technologies LLC increased its position in eHi Car Services by 47.8% in the 1st quarter. Renaissance Technologies LLC now owns 160,900 shares of the company’s stock worth $1,627,000 after purchasing an additional 52,000 shares during the last quarter. 28.09% of the stock is currently owned by hedge funds and other institutional investors.

Several analysts have recently issued reports on EHIC shares. ValuEngine upgraded eHi Car Services from a “sell” rating to a “hold” rating in a research note on Friday, September 1st. Zacks Investment Research downgraded eHi Car Services from a “hold” rating to a “sell” rating in a research note on Wednesday, September 20th.

Shares of eHi Car Services Limited (NYSE:EHIC) opened at $11.48 on Thursday. The stock has a market capitalization of $831.08, a PE ratio of 59.85 and a beta of 0.53. eHi Car Services Limited has a 52 week low of $8.11 and a 52 week high of $12.50. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.93 and a current ratio of 1.27.

eHi Car Services (NYSE:EHIC) last announced its earnings results on Monday, August 28th. The company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.01. eHi Car Services had a return on equity of 2.41% and a net margin of 4.05%. The firm had revenue of $94.37 million during the quarter. research analysts expect that eHi Car Services Limited will post 0.34 earnings per share for the current year.

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eHi Car Services Profile

eHi Car Services Limited, formerly Prudent Choice International Limited, is a holding company. The Company is engaged in car rentals and car services. The Company provides self-drive car rental services to both individual customers, as well as corporate and institutional clients to meet travel, leisure, business and ground transportation needs.

Institutional Ownership by Quarter for eHi Car Services (NYSE:EHIC)

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