GAMMA Investing LLC boosted its place in shares of Futu Holdings Restricted (NASDAQ:FUTU – Free Report) by 181.5% within the third quarter, in accordance with the corporate in its most up-to-date submitting with the SEC. The agency owned 594 shares of the corporate’s inventory after buying a further 383 shares through the quarter. GAMMA Investing LLC’s holdings in Futu had been value $57,000 on the finish of the latest reporting interval.
Quite a few different institutional traders and hedge funds additionally just lately added to or diminished their stakes within the firm. SG Americas Securities LLC lifted its place in Futu by 5,847.2% through the third quarter. SG Americas Securities LLC now owns 111,153 shares of the corporate’s inventory value $10,632,000 after buying a further 109,284 shares through the interval. Artistic Planning lifted its holdings in shares of Futu by 27.8% within the 2nd quarter. Artistic Planning now owns 13,253 shares of the corporate’s inventory valued at $869,000 after shopping for a further 2,884 shares through the interval. Scientech Analysis LLC acquired a brand new place in shares of Futu within the 2nd quarter valued at about $220,000. MBB Public Markets I LLC acquired a brand new place in shares of Futu within the 2nd quarter valued at about $276,000. Lastly, APG Asset Administration N.V. acquired a brand new place in shares of Futu within the 2nd quarter valued at about $496,000.
Analyst Upgrades and Downgrades
Individually, Financial institution of America boosted their value goal on Futu from $80.20 to $90.00 and gave the corporate a “purchase” ranking in a report on Friday, September twenty seventh. One funding analyst has rated the inventory with a maintain ranking and 6 have issued a purchase ranking to the corporate’s inventory. In accordance with knowledge from MarketBeat.com, the inventory at present has a median ranking of “Average Purchase” and a median value goal of $72.97.
Examine Out Our Newest Evaluation on Futu
Futu Buying and selling Down 1.0 %
NASDAQ FUTU opened at $95.25 on Thursday. The inventory has a market capitalization of $13.12 billion, a price-to-earnings ratio of 25.20, a PEG ratio of 1.65 and a beta of 0.74. Futu Holdings Restricted has a twelve month low of $43.61 and a twelve month excessive of $130.50. The inventory has a 50-day transferring common of $75.25 and a 200 day transferring common of $69.56.
Futu (NASDAQ:FUTU – Get Free Report) final launched its quarterly earnings outcomes on Tuesday, August twentieth. The corporate reported $1.11 earnings per share for the quarter. The corporate had income of $400.73 million through the quarter. Futu had a return on fairness of 16.77% and a web margin of 39.27%. Equities analysts predict that Futu Holdings Restricted will publish 4.28 EPS for the present fiscal 12 months.
Futu Firm Profile
Futu Holdings Restricted offers digitalized securities brokerage and wealth administration product distribution service in Hong Kong and internationally. It presents on-line monetary companies, together with securities and spinoff trades brokerage, margin financing and fund distribution companies via its Futubull and Moomoo digital platforms.
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