Virtu Financial LLC Purchases Shares of 27,244 LexinFintech Holdings Ltd. (NASDAQ:LX)

Virtu Financial LLC acquired a new stake in shares of LexinFintech Holdings Ltd. (NASDAQ:LX) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 27,244 shares of the company’s stock, valued at approximately $74,000.

Other large investors have also recently modified their holdings of the company. Public Employees Retirement System of Ohio purchased a new position in shares of LexinFintech in the third quarter worth $467,000. XTX Topco Ltd bought a new stake in LexinFintech in the 3rd quarter worth $196,000. Jane Street Group LLC grew its holdings in LexinFintech by 32.9% in the 3rd quarter. Jane Street Group LLC now owns 266,547 shares of the company’s stock worth $725,000 after acquiring an additional 65,964 shares during the last quarter. Wolverine Trading LLC purchased a new position in shares of LexinFintech in the third quarter valued at about $29,000. Finally, Quadrature Capital Ltd bought a new position in shares of LexinFintech during the third quarter valued at about $397,000.

LexinFintech Price Performance

LX opened at $5.83 on Friday. The stock’s 50 day moving average price is $4.09 and its 200-day moving average price is $2.65. LexinFintech Holdings Ltd. has a 52-week low of $1.56 and a 52-week high of $6.28. The stock has a market capitalization of $956.88 million, a PE ratio of 9.25 and a beta of 0.68. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.66 and a current ratio of 1.66.

Wall Street Analyst Weigh In

Separately, Citigroup upgraded LexinFintech from a “neutral” rating to a “buy” rating in a report on Tuesday, November 26th.

LexinFintech Profile

LexinFintech Holdings Ltd., through its subsidiaries, provides online consumer finance services in the People's Republic of China. The company operates Fenqile.com, an online consumption and consumer finance platform that offers installment purchase and personal installment loans, as well as online direct sales with installment payment terms; and Le Hua Card, a scenario-based lending.