LexinFintech Holdings Ltd. (NASDAQ:LX) Shares Bought by DGS Capital Management LLC

DGS Capital Management LLC boosted its position in LexinFintech Holdings Ltd. (NASDAQ:LX) by 204.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 113,820 shares of the company’s stock after buying an additional 76,424 shares during the quarter. DGS Capital Management LLC’s holdings in LexinFintech were worth $310,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in LX. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in LexinFintech by 25.7% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,107,663 shares of the company’s stock worth $3,013,000 after acquiring an additional 226,479 shares during the last quarter. Renaissance Technologies LLC lifted its stake in LexinFintech by 5.8% in the second quarter. Renaissance Technologies LLC now owns 1,021,700 shares of the company’s stock valued at $1,686,000 after buying an additional 55,700 shares during the last quarter. Walleye Capital LLC boosted its holdings in shares of LexinFintech by 235.5% during the third quarter. Walleye Capital LLC now owns 726,588 shares of the company’s stock valued at $1,976,000 after acquiring an additional 510,014 shares during the period. GSA Capital Partners LLP increased its holdings in shares of LexinFintech by 3.9% in the 3rd quarter. GSA Capital Partners LLP now owns 435,219 shares of the company’s stock worth $1,184,000 after acquiring an additional 16,312 shares during the period. Finally, American Century Companies Inc. boosted its stake in LexinFintech by 33.2% during the 2nd quarter. American Century Companies Inc. now owns 303,931 shares of the company’s stock valued at $501,000 after purchasing an additional 75,759 shares during the period.

LexinFintech Price Performance

NASDAQ LX opened at $5.91 on Friday. LexinFintech Holdings Ltd. has a 12 month low of $1.56 and a 12 month high of $6.21. The firm has a market capitalization of $970.01 million, a PE ratio of 9.38 and a beta of 0.68. The company’s 50 day simple moving average is $3.84 and its 200 day simple moving average is $2.51. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.66 and a quick ratio of 1.66.

Wall Street Analyst Weigh In

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

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.