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

X Financial (NYSE:XYF) announced a Semi-Annual dividend on Tuesday, March 26th, Zacks reports. Investors 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 Price Performance

XYF opened at $3.55 on Thursday. The company has a market capitalization of $170.36 million, a PE ratio of 1.05 and a beta of 0.23. The business has a fifty day simple moving average of $4.12 and a 200 day simple moving average of $4.04. X Financial has a 1 year low of $2.67 and a 1 year high of $5.00.

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

Institutional Trading of X Financial

Several institutional investors and hedge funds have recently modified their holdings of XYF. State Street Corp lifted its position in shares of 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 buying an additional 5,183 shares during the last quarter. Susquehanna International Group LLP bought a new stake in shares of X Financial during the 1st quarter worth $99,000. Russell Investments Group Ltd. bought a new stake in shares of X Financial during the 2nd quarter worth $26,000. Renaissance Technologies LLC lifted its position in shares of X Financial by 4.7% during the 2nd quarter. Renaissance Technologies LLC now owns 110,691 shares of the company’s stock worth $486,000 after buying an additional 5,016 shares during the last quarter. Finally, Invesco Ltd. bought a new stake in shares of X Financial during the 3rd quarter worth $84,000. 1.15% of the stock is currently owned by institutional investors.

X Financial Company Profile

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.