Fanhua (FANH) Trading Down 0%
Shares of Fanhua Inc (NASDAQ:FANH) fell 0% on Friday . The stock traded as low as $30.23 and last traded at $31.36. 542,300 shares were traded during trading, an increase of 68% from the average session volume of 322,922 shares. The stock had previously closed at $31.36.
The firm has a market cap of $1,832.09, a price-to-earnings ratio of 33.46 and a beta of 1.49.
Several hedge funds and other institutional investors have recently bought and sold shares of FANH. Northern Trust Corp increased its holdings in shares of Fanhua by 2.8% during the second quarter. Northern Trust Corp now owns 26,235 shares of the financial services provider’s stock worth $225,000 after buying an additional 725 shares in the last quarter. Goldman Sachs Group Inc. acquired a new stake in shares of Fanhua during the second quarter worth approximately $107,000. State Street Corp grew its stake in shares of Fanhua by 10.0% during the second quarter. State Street Corp now owns 84,154 shares of the financial services provider’s stock valued at $720,000 after purchasing an additional 7,682 shares during the last quarter. Boston Partners grew its stake in shares of Fanhua by 42.2% during the third quarter. Boston Partners now owns 297,221 shares of the financial services provider’s stock valued at $3,736,000 after purchasing an additional 88,251 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of Fanhua by 1,477.0% during the third quarter. JPMorgan Chase & Co. now owns 14,193 shares of the financial services provider’s stock valued at $172,000 after purchasing an additional 13,293 shares during the last quarter. 10.27% of the stock is owned by institutional investors.
WARNING: This article was originally published by Daily Political and is owned by of Daily Political. If you are reading this article on another publication, it was copied illegally and reposted in violation of United States & international copyright and trademark legislation. The legal version of this article can be viewed at https://www.dailypolitical.com/2018/03/04/fanhua-fanh-trading-down-0.html.
Fanhua Company Profile
Fanhua Inc, formerly CNinsure Inc, is an independent online-to-offline financial services provider in China. The Company distributes a range of property, casualty and life insurance products underwritten by domestic and foreign insurance companies operating in China to individual and institutional customers, and provides insurance claims adjusting services.
Receive News & Ratings for Fanhua Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fanhua and related companies with MarketBeat.com's FREE daily email newsletter.