Yintech Investment Holdings Ltd – (NASDAQ:YIN) has earned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy rating.

Analysts have set a 12 month consensus target price of $11.15 for the company, according to Zacks. Zacks has also assigned Yintech Investment an industry rank of 98 out of 265 based on the ratings given to related companies.

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A number of research firms have commented on YIN. BidaskClub downgraded shares of Yintech Investment from a “hold” rating to a “sell” rating in a report on Thursday, March 1st. Zacks Investment Research upgraded shares of Yintech Investment from a “strong sell” rating to a “hold” rating in a report on Saturday, February 3rd. Finally, ValuEngine downgraded shares of Yintech Investment from a “strong-buy” rating to a “buy” rating in a report on Friday, February 2nd.

Hedge funds have recently added to or reduced their stakes in the business. Visionary Asset Management Inc. purchased a new stake in shares of Yintech Investment in the 3rd quarter valued at approximately $114,000. Virtu Financial LLC purchased a new stake in shares of Yintech Investment in the 4th quarter valued at approximately $105,000. Finally, FDx Advisors Inc. grew its stake in shares of Yintech Investment by 56.7% in the 3rd quarter. FDx Advisors Inc. now owns 23,808 shares of the financial services provider’s stock valued at $263,000 after buying an additional 8,610 shares during the period. Institutional investors own 0.83% of the company’s stock.

Yintech Investment (NASDAQ YIN) traded down $0.42 on Friday, hitting $9.35. 96,414 shares of the company traded hands, compared to its average volume of 75,810. Yintech Investment has a 52-week low of $8.51 and a 52-week high of $22.97. The firm has a market cap of $668.28, a P/E ratio of 9.84, a PEG ratio of -1.48 and a beta of -0.07.

Yintech Investment (NASDAQ:YIN) last released its quarterly earnings data on Tuesday, March 13th. The financial services provider reported ($0.09) EPS for the quarter. The business had revenue of $58.37 million during the quarter. Yintech Investment had a net margin of 19.38% and a return on equity of 14.84%. analysts predict that Yintech Investment will post 1.24 earnings per share for the current year.

The firm also recently disclosed an annual dividend, which will be paid on Monday, April 9th. Shareholders of record on Tuesday, March 27th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Monday, March 26th. This represents a yield of 4.28%. Yintech Investment’s payout ratio is 84.21%.

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Yintech Investment Company Profile

Yintech Investment Holdings Limited is an online provider of spot commodity trading services in China. The Company facilitates the trading by individual customers of silver, gold, and other precious metals and commodities on the Shanghai Gold Exchange, the Tianjin Precious Metals Exchange and the Guangdong Precious Metals Exchange.

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