BNP Paribas Financial Markets Buys 20,400 Shares of Qudian Inc. (NYSE:QD)

BNP Paribas Financial Markets raised its stake in Qudian Inc. (NYSE:QD) by 248.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 28,601 shares of the company’s stock after acquiring an additional 20,400 shares during the period. BNP Paribas Financial Markets’ holdings in Qudian were worth $61,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of QD. Caprock Group LLC acquired a new stake in shares of Qudian during the second quarter worth approximately $65,000. Ballentine Partners LLC increased its holdings in Qudian by 91.4% during the 2nd quarter. Ballentine Partners LLC now owns 21,934 shares of the company’s stock valued at $43,000 after purchasing an additional 10,476 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Qudian by 31.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,435,477 shares of the company’s stock valued at $2,838,000 after purchasing an additional 343,294 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in Qudian in the second quarter worth $1,918,000. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Qudian during the third quarter worth $32,000. 8.10% of the stock is currently owned by institutional investors.

Qudian Stock Performance

Shares of NYSE:QD opened at $2.53 on Friday. The business has a fifty day moving average of $2.53 and a 200-day moving average of $2.09. The firm has a market cap of $507.52 million, a PE ratio of 63.25 and a beta of 0.73. Qudian Inc. has a twelve month low of $1.52 and a twelve month high of $3.20.

Qudian Company Profile

Qudian Inc operates as a consumer-oriented technology company in the People's Republic of China. The company engages in the operation of online platforms to provide small consumer credit products. It also provides technology development and services; research and development services; and delivery services.