Fanhua (NASDAQ:FANH) will issue its quarterly earnings data after the market closes on Wednesday, May 22nd.
Fanhua (NASDAQ:FANH) last posted its quarterly earnings results on Monday, March 11th. The financial services provider reported $0.29 earnings per share (EPS) for the quarter. Fanhua had a return on equity of 17.52% and a net margin of 17.52%. The business had revenue of $126.82 million for the quarter.
NASDAQ:FANH opened at $26.08 on Wednesday. Fanhua has a 12-month low of $19.39 and a 12-month high of $38.24. The firm has a market capitalization of $1.64 billion, a PE ratio of 17.03 and a beta of 1.44.
Separately, BidaskClub lowered Fanhua from a “hold” rating to a “sell” rating in a research report on Thursday, May 9th.
A hedge fund recently raised its stake in Fanhua stock. Geode Capital Management LLC increased its stake in shares of Fanhua Inc (NASDAQ:FANH) by 49.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,936 shares of the financial services provider’s stock after purchasing an additional 10,837 shares during the quarter. Geode Capital Management LLC owned approximately 0.05% of Fanhua worth $722,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 30.66% of the company’s stock.
Fanhua Inc distributes insurance products in China. It operates through two segments, Insurance Agency and Claims Adjusting. The Insurance Agency segment provides property and casualty insurance products, including automobile, individual accident, travel, disability income, commercial property, construction, and other property and casualty products; and life insurance products, such as individual health, individual whole life, individual term life, individual endowment life, and individual annuity, as well as group life and participating insurance products.
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