X Financial (NYSE:XYF) Plans $0.17 Semi-Annual Dividend

X Financial (NYSE:XYF) declared a Semi-Annual dividend on Tuesday, March 26th, Zacks reports. Shareholders of record on Friday, May 10th will be given a dividend of 0.17 per share on Friday, May 31st. The ex-dividend date is Thursday, May 9th.

X Financial Stock Performance

XYF stock opened at $3.55 on Thursday. The company’s 50-day simple moving average is $4.12 and its 200 day simple moving average is $4.04. X Financial has a 52 week low of $2.67 and a 52 week high of $5.00. The company has a market capitalization of $170.36 million, a PE ratio of 1.05 and a beta of 0.23.

X Financial (NYSE:XYF) last announced its quarterly earnings data on Tuesday, March 26th. The company reported $0.64 earnings per share (EPS) for the quarter. The firm had revenue of $167.98 million for the quarter. X Financial had a net margin of 24.64% and a return on equity of 22.94%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in XYF. Renaissance Technologies LLC raised its holdings in X Financial by 4.7% in the 2nd quarter. Renaissance Technologies LLC now owns 110,691 shares of the company’s stock valued at $486,000 after buying an additional 5,016 shares during the last quarter. State Street Corp raised its holdings in X Financial by 6.3% during the 1st quarter. State Street Corp now owns 87,308 shares of the company’s stock worth $241,000 after purchasing an additional 5,183 shares during the last quarter. Susquehanna International Group LLP bought a new position in X Financial during the 1st quarter worth approximately $99,000. Invesco Ltd. bought a new position in X Financial during the 3rd quarter worth approximately $84,000. Finally, Russell Investments Group Ltd. bought a new position in X Financial during the 2nd quarter worth approximately $26,000. Institutional investors own 1.15% of the company’s stock.

About X Financial

X Financial provides personal finance services in the People's Republic of China. The company offers services as an online marketplace connecting borrowers and investors. Its loan products include Xiaoying credit loan, which consists of Xiaoying card loan; and Xiaoying preferred loan to small business owners, as well as Xiaoying revolving loan.