LexinFintech Holdings Ltd. (NASDAQ:LX) Shares Purchased by Jane Street Group LLC

Jane Street Group LLC boosted its position in LexinFintech Holdings Ltd. (NASDAQ:LX) by 32.9% in the 3rd quarter, Holdings Channel reports. The fund owned 266,547 shares of the company’s stock after purchasing an additional 65,964 shares during the period. Jane Street Group LLC’s holdings in LexinFintech were worth $725,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in LX. Wolverine Trading LLC acquired a new stake in LexinFintech during the third quarter worth about $29,000. Quadrature Capital Ltd acquired a new stake in LexinFintech during the 3rd quarter valued at approximately $397,000. Centiva Capital LP bought a new stake in shares of LexinFintech in the third quarter worth $41,000. Walleye Capital LLC raised its stake in shares of LexinFintech by 235.5% in the 3rd quarter. Walleye Capital LLC now owns 726,588 shares of the company’s stock valued at $1,976,000 after purchasing an additional 510,014 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its holdings in LexinFintech by 25.7% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,107,663 shares of the company’s stock worth $3,013,000 after buying an additional 226,479 shares during the last quarter.

Analyst Upgrades and Downgrades

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

LexinFintech Stock Performance

Shares of NASDAQ LX opened at $5.77 on Friday. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 0.10. LexinFintech Holdings Ltd. has a 12-month low of $1.56 and a 12-month high of $6.36. The stock has a 50 day simple moving average of $4.66 and a 200-day simple moving average of $2.94. The company has a market cap of $947.03 million, a PE ratio of 9.16 and a beta of 0.68.

About LexinFintech

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.