Morgan Stanley Has $38.81 Million Holdings in Fanhua Inc (FANH)

Morgan Stanley grew its position in Fanhua Inc (NASDAQ:FANH) by 13.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,436,316 shares of the financial services provider’s stock after purchasing an additional 168,172 shares during the period. Morgan Stanley owned about 2.47% of Fanhua worth $38,810,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FANH. BlackRock Inc. acquired a new stake in Fanhua in the second quarter worth $9,022,000. Bank of America Corp DE raised its holdings in shares of Fanhua by 62.0% during the second quarter. Bank of America Corp DE now owns 1,271,974 shares of the financial services provider’s stock worth $36,252,000 after acquiring an additional 486,728 shares during the period. Tower Research Capital LLC TRC raised its holdings in shares of Fanhua by 1,368.5% during the second quarter. Tower Research Capital LLC TRC now owns 11,983 shares of the financial services provider’s stock worth $342,000 after acquiring an additional 11,167 shares during the period. Jane Street Group LLC raised its holdings in shares of Fanhua by 216.8% during the second quarter. Jane Street Group LLC now owns 28,955 shares of the financial services provider’s stock worth $825,000 after acquiring an additional 19,814 shares during the period. Finally, Northern Trust Corp raised its holdings in shares of Fanhua by 153.4% during the second quarter. Northern Trust Corp now owns 73,529 shares of the financial services provider’s stock worth $2,095,000 after acquiring an additional 44,508 shares during the period.

Shares of NASDAQ:FANH opened at $23.00 on Friday. Fanhua Inc has a 12 month low of $21.10 and a 12 month high of $38.24. The firm has a market cap of $1.35 billion, a P/E ratio of 15.80 and a beta of 1.45.



Fanhua (NASDAQ:FANH) last issued its quarterly earnings data on Tuesday, November 20th. The financial services provider reported $0.44 EPS for the quarter. Fanhua had a net margin of 18.87% and a return on equity of 16.47%. The business had revenue of $114.15 million for the quarter.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 20th. Investors of record on Wednesday, December 5th were issued a dividend of $0.25 per share. The ex-dividend date was Tuesday, December 4th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.35%.

Separately, BidaskClub lowered shares of Fanhua from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 17th.

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Fanhua Profile

Fanhua Inc distributes insurance products in China. It operates through two segments, Insurance Agency and Claims Adjusting. The Insurance Agency segment provides property and casualty insurance products, including automobile, individual accident, travel, disability income, commercial property, construction, and other property and casualty products; and life insurance products, such as individual health, individual whole life, individual term life, individual endowment life, and individual annuity, as well as group life and participating insurance products.

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Institutional Ownership by Quarter for Fanhua (NASDAQ:FANH)

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