Xinyuan Real Estate (NYSE:XIN) Earns Hold Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Xinyuan Real Estate (NYSE:XIN) in a research note issued to investors on Wednesday morning. The brokerage issued a hold rating on the financial services provider’s stock.

Xinyuan Real Estate Stock Performance

Shares of XIN stock opened at $2.66 on Wednesday. Xinyuan Real Estate has a 12 month low of $2.24 and a 12 month high of $7.05. The firm’s 50 day moving average is $2.78 and its 200 day moving average is $3.15.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Xinyuan Real Estate stock. Two Sigma Securities LLC purchased a new position in shares of Xinyuan Real Estate Co., Ltd. (NYSE:XIN) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 10,390 shares of the financial services provider’s stock, valued at approximately $27,000. Two Sigma Securities LLC owned about 0.19% of Xinyuan Real Estate as of its most recent SEC filing. Institutional investors and hedge funds own 0.04% of the company’s stock.

Xinyuan Real Estate Company Profile

Xinyuan Real Estate Co, Ltd., together with its subsidiaries, engages in residential real estate development and construction in the People's Republic of China, the United States, Malaysia, and the United Kingdom. The company develops residential projects, such as multi-layer apartment buildings, sub-high-rise apartment buildings, high-rise apartment buildings; auxiliary services and amenities, such as retail outlets, leisure and health facilities, kindergartens, and schools, as well as office, mixed-use, and commercial properties.