Dorsey Wright & Associates Purchases Shares of 147,908 Yatsen Holding Limited Sponsored ADR $YSG

Dorsey Wright & Associates purchased a new stake in Yatsen Holding Limited Sponsored ADR (NYSE:YSG) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 147,908 shares of the company’s stock, valued at approximately $1,340,000. Dorsey Wright & Associates owned approximately 0.16% of Yatsen at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Pinpoint Asset Management Singapore Pte. Ltd. bought a new stake in Yatsen in the 2nd quarter valued at approximately $2,241,000. Envestnet Asset Management Inc. bought a new position in shares of Yatsen during the 3rd quarter worth approximately $1,805,000. Savant Capital LLC bought a new position in shares of Yatsen during the 2nd quarter worth approximately $148,000. Diversify Wealth Management LLC raised its holdings in shares of Yatsen by 6.1% in the third quarter. Diversify Wealth Management LLC now owns 129,705 shares of the company’s stock valued at $1,175,000 after purchasing an additional 7,421 shares during the last quarter. Finally, Keystone Investors PTE Ltd. lifted its position in shares of Yatsen by 31.1% in the third quarter. Keystone Investors PTE Ltd. now owns 138,166 shares of the company’s stock worth $1,252,000 after purchasing an additional 32,766 shares in the last quarter.

Yatsen Stock Performance

Shares of NYSE YSG opened at $3.88 on Wednesday. The stock has a 50 day moving average price of $4.17 and a 200 day moving average price of $6.00. The stock has a market capitalization of $363.80 million, a PE ratio of -29.81 and a beta of -2.06. Yatsen Holding Limited Sponsored ADR has a 52 week low of $3.30 and a 52 week high of $11.57.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Yatsen in a report on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

About Yatsen

Yatsen Holding Limited (NYSE: YSG) is a Shanghai-based beauty and personal care company founded in 2016. The firm operates as a digital-first cosmetics provider, designing, developing and marketing its own brands to a primarily Chinese consumer base. Since its inception, Yatsen has focused on leveraging data analytics and social media engagement to drive product innovation and brand awareness.

The company’s core portfolio includes Perfect Diary, a color-cosmetics brand offering lipsticks, eyeshadows, foundations and related accessories; Little Ondine, which specializes in nail lacquers and nail care products; Winona, a sensitive-skin skincare line; and Abby’s Choice, which features targeted skincare treatments.