SG Americas Securities LLC Has $655,000 Stake in RLX Technology Inc. (NYSE:RLX)

SG Americas Securities LLC grew its holdings in RLX Technology Inc. (NYSE:RLX) by 7.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 303,215 shares of the company’s stock after purchasing an additional 21,476 shares during the quarter. SG Americas Securities LLC’s holdings in RLX Technology were worth $655,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in RLX. First Beijing Investment Ltd raised its stake in RLX Technology by 33.6% during the 3rd quarter. First Beijing Investment Ltd now owns 28,440,248 shares of the company’s stock valued at $51,477,000 after purchasing an additional 7,159,064 shares during the last quarter. Point72 Hong Kong Ltd bought a new position in shares of RLX Technology during the 3rd quarter worth about $2,386,000. Point72 Asset Management L.P. raised its position in shares of RLX Technology by 8,292.2% during the third quarter. Point72 Asset Management L.P. now owns 1,313,300 shares of the company’s stock valued at $2,377,000 after buying an additional 1,297,651 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of RLX Technology by 58.2% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 612,067 shares of the company’s stock valued at $1,108,000 after buying an additional 225,200 shares during the period. Finally, Public Employees Retirement System of Ohio acquired a new stake in RLX Technology during the third quarter worth about $221,000. 22.68% of the stock is owned by institutional investors and hedge funds.

RLX Technology Stock Up 4.0 %

Shares of RLX opened at $2.22 on Friday. The stock’s 50-day moving average price is $2.07 and its 200 day moving average price is $1.82. RLX Technology Inc. has a 12-month low of $1.50 and a 12-month high of $2.37. The firm has a market capitalization of $3.52 billion, a price-to-earnings ratio of 55.39 and a beta of 0.97.

RLX Technology Dividend Announcement

The company also recently disclosed an annual dividend, which was paid on Friday, December 20th. Stockholders of record on Friday, December 6th were given a dividend of $0.01 per share. This represents a dividend yield of 0.59%. The ex-dividend date of this dividend was Friday, December 6th. RLX Technology’s dividend payout ratio is presently 25.01%.

RLX Technology Profile

RLX Technology Inc, together with its subsidiaries, engages in the manufacture and sale of e-vapor products in the People's Republic of China and internationally. It serves partner distributors and retail outlets. The company was founded in 2018 and is headquartered in Beijing, China.