Qifu Technology, Inc. (NASDAQ:QFIN) Shares Purchased by LMR Partners LLP

LMR Partners LLP boosted its stake in shares of Qifu Technology, Inc. (NASDAQ:QFIN) by 3.0% during the third quarter, HoldingsChannel.com reports. The firm owned 30,816 shares of the company’s stock after acquiring an additional 892 shares during the period. LMR Partners LLP’s holdings in Qifu Technology were worth $919,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in QFIN. AQR Capital Management LLC purchased a new stake in shares of Qifu Technology during the 2nd quarter worth about $25,560,000. Acadian Asset Management LLC lifted its position in Qifu Technology by 1,789.1% during the second quarter. Acadian Asset Management LLC now owns 1,240,489 shares of the company’s stock valued at $24,450,000 after buying an additional 1,174,824 shares in the last quarter. Prudential PLC grew its stake in Qifu Technology by 634.1% during the second quarter. Prudential PLC now owns 956,998 shares of the company’s stock worth $18,882,000 after buying an additional 826,631 shares during the period. Marshall Wace LLP increased its position in shares of Qifu Technology by 557.5% in the second quarter. Marshall Wace LLP now owns 776,457 shares of the company’s stock worth $15,319,000 after acquiring an additional 658,366 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its stake in shares of Qifu Technology by 66.9% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,369,278 shares of the company’s stock valued at $40,818,000 after acquiring an additional 548,678 shares during the period. Institutional investors and hedge funds own 74.81% of the company’s stock.

Qifu Technology Trading Up 0.3 %

Shares of Qifu Technology stock opened at $32.37 on Wednesday. Qifu Technology, Inc. has a twelve month low of $13.71 and a twelve month high of $35.23. The stock has a market cap of $5.22 billion, a price-to-earnings ratio of 7.78, a price-to-earnings-growth ratio of 0.42 and a beta of 0.61. The company has a fifty day moving average price of $30.68 and a 200 day moving average price of $24.41.

About Qifu Technology

Qifu Technology, Inc, through its subsidiaries, operates credit-tech platform under the 360 Jietiao brand in the People's Republic of China. It provides credit-driven services that matches borrowers with financial institutions to conduct customer acquisition, initial and credit screening, advanced risk assessment, credit assessment, fund matching, and other post-facilitation services; and platform services, including loan facilitation and post-facilitation services to financial institution partners under intelligence credit engine, referral services, and risk management software-as-a-service.