Public Employees Retirement System of Ohio Decreases Holdings in Futu Holdings Limited Sponsored ADR $FUTU

Public Employees Retirement System of Ohio reduced its stake in shares of Futu Holdings Limited Sponsored ADR (NASDAQ:FUTU) by 50.9% during the 1st quarter, HoldingsChannel reports. The fund owned 9,394 shares of the company’s stock after selling 9,754 shares during the period. Public Employees Retirement System of Ohio’s holdings in Futu were worth $1,285,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Futu by 805.2% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,126,633 shares of the company’s stock valued at $195,933,000 after purchasing an additional 1,002,171 shares during the last quarter. Aspex Management HK Ltd lifted its position in Futu by 37.5% in the fourth quarter. Aspex Management HK Ltd now owns 3,371,597 shares of the company’s stock worth $553,650,000 after buying an additional 919,724 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Futu by 25,558,100.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 511,164 shares of the company’s stock worth $83,938,000 after buying an additional 511,162 shares during the period. BNP Paribas Financial Markets boosted its stake in Futu by 166.4% during the second quarter. BNP Paribas Financial Markets now owns 455,266 shares of the company’s stock worth $56,266,000 after buying an additional 284,387 shares during the period. Finally, Man Group plc increased its position in Futu by 197.4% during the third quarter. Man Group plc now owns 393,609 shares of the company’s stock valued at $68,453,000 after acquiring an additional 261,276 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on FUTU. Wall Street Zen downgraded shares of Futu from a “hold” rating to a “sell” rating in a research note on Saturday, May 30th. Jefferies Financial Group reaffirmed a “buy” rating and set a $170.50 target price on shares of Futu in a research note on Thursday, May 28th. The Goldman Sachs Group downgraded Futu from a “buy” rating to a “neutral” rating and set a $102.13 price target on the stock. in a report on Monday, May 25th. Zacks Research raised Futu from a “strong sell” rating to a “hold” rating in a research note on Monday, July 27th. Finally, JPMorgan Chase & Co. restated a “neutral” rating and set a $87.00 price objective (down from $300.00) on shares of Futu in a report on Friday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $162.80.

Futu Price Performance

Shares of FUTU stock opened at $105.12 on Monday. The stock’s fifty day moving average price is $98.45 and its 200 day moving average price is $132.22. Futu Holdings Limited Sponsored ADR has a 1-year low of $80.50 and a 1-year high of $202.53. The company has a market cap of $14.73 billion, a price-to-earnings ratio of 11.56, a price-to-earnings-growth ratio of 1.23 and a beta of 0.39.

Futu (NASDAQ:FUTU) last issued its quarterly earnings results on Thursday, May 28th. The company reported $0.77 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.89 by ($2.12). The company had revenue of $694.17 million for the quarter, compared to analyst estimates of $761.35 million. Futu had a net margin of 41.87% and a return on equity of 26.48%. As a group, equities research analysts anticipate that Futu Holdings Limited Sponsored ADR will post 8.95 earnings per share for the current year.

Trending Headlines about Futu

Here are the key news stories impacting Futu this week:

• Negative Sentiment: Hong Kong’s Securities and Futures Commission is reportedly investigating demand related to an initial public offering and has told Futu to restrict approximately HK$125 million (about US$15.9 million) connected to the matter. The report raises concerns about regulatory compliance and could increase legal, financial and reputational risks. Futu Told to Restrict HK$125 Million as SFC Investigates IPO Demand
• Negative Sentiment: Multiple law firms announced or promoted a securities-fraud class action against Futu and certain officers. The lawsuits allege that the company failed to disclose regulatory-compliance problems, with claims that the alleged disclosures contributed to an approximately 32% stock decline. Investors who purchased shares between May 24, 2023, and May 27, 2026, have until August 25, 2026, to seek lead-plaintiff status. Futu Securities Fraud Class Action
• Negative Sentiment: A wave of investor-alert notices from Rosen, Kaplan Fox, SBS, DJS, Faruqi & Faruqi, Pomerantz and other firms is increasing visibility around the litigation. Although these notices do not establish liability, they may weigh on sentiment by highlighting potential damages, compliance concerns and litigation costs. FUTU Investor Litigation Deadline
• Neutral Sentiment: Futu’s latest reported quarter also fell short of consensus expectations, with earnings per share and revenue below forecasts, adding to the reasons investors may remain cautious while assessing the regulatory and legal developments.

About Futu

Futu Holdings Ltd. is a technology-driven brokerage and wealth management company that provides online brokerage services, market data, and investment tools to retail and institutional clients. Headquartered in Hong Kong and listed on the NASDAQ under the ticker FUTU, the company operates digital trading platforms that combine order execution, real-time quotes, news, and research tools to serve active investors and wealth management customers.

The firm’s product suite includes brokerage access to equities, exchange-traded funds and derivatives across major markets, margin financing, initial public offering (IPO) subscription services, wealth management products and discretionary investment solutions.