26,307 Shares in UP Fintech Holding Limited (NASDAQ:TIGR) Acquired by Paloma Partners Management Co
Paloma Partners Management Co purchased a new position in UP Fintech Holding Limited (NASDAQ:TIGR) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 26,307 shares of the company’s stock, valued at approximately $209,000.
Several other hedge funds and other institutional investors also recently made changes to their positions in TIGR. Morgan Stanley lifted its holdings in shares of UP Fintech by 20,166.5% in the 3rd quarter. Morgan Stanley now owns 1,400,821 shares of the company’s stock worth $6,640,000 after purchasing an additional 1,393,909 shares during the last quarter. Citigroup Inc. acquired a new stake in UP Fintech in the 4th quarter valued at approximately $3,089,000. Neumann Advisory Hong Kong Ltd acquired a new stake in UP Fintech in the 4th quarter valued at approximately $2,204,000. Arrowstreet Capital Limited Partnership acquired a new stake in UP Fintech in the 3rd quarter valued at approximately $1,088,000. Finally, State Street Corp acquired a new stake in UP Fintech in the 3rd quarter valued at approximately $173,000. 3.90% of the stock is currently owned by institutional investors and hedge funds.
TIGR has been the topic of several analyst reports. TheStreet cut UP Fintech from a “c” rating to a “d+” rating in a research report on Monday, March 29th. CICC Research initiated coverage on UP Fintech in a research report on Wednesday, March 10th. They issued an “outperform” rating and a $30.60 target price on the stock. Finally, Citigroup raised their target price on UP Fintech from $8.30 to $38.60 in a research report on Friday, February 26th.
Shares of TIGR stock opened at $17.00 on Tuesday. UP Fintech Holding Limited has a 1 year low of $2.52 and a 1 year high of $38.50. The stock has a market cap of $2.40 billion, a PE ratio of 283.38 and a beta of 2.18. The business’s fifty day moving average is $22.57 and its 200-day moving average is $12.74.
UP Fintech (NASDAQ:TIGR) last issued its quarterly earnings results on Friday, March 26th. The company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.02. UP Fintech had a return on equity of 4.00% and a net margin of 6.71%. The company had revenue of $47.24 million for the quarter.
About UP Fintech
UP Fintech Holding Limited provides online brokerage services focusing on Chinese investors. The company has developed a brokerage platform, which allows investor to trade stocks, options, warrants, and other financial instruments that can be accessed through its APP and website. It offers brokerage and value-added services, including trade order placement and execution, margin financing, account management, investor education, community discussion, and customer support.
Further Reading: Bar Chart
Want to see what other hedge funds are holding TIGR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for UP Fintech Holding Limited (NASDAQ:TIGR).
Receive News & Ratings for UP Fintech Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for UP Fintech and related companies with MarketBeat.com’s FREE daily email newsletter.
|CryptoCurrency||USD||Change 1h||Change 24h||Change 7d|
|Bitcoin||0.18 %||4.29 %||9.03 %|
|Ethereum||2.17 %||7.93 %||10.42 %|
|Binance Coin||0.00 %||2.13 %||38.83 %|
|XRP||1.07 %||23.90 %||61.91 %|
|Cardano||0.89 %||12.06 %||16.27 %|
|Tether||0.04 %||0.18 %||0.05 %|
|Polkadot||3.49 %||8.24 %||0.51 %|
|Uniswap||0.91 %||0.09 %||14.77 %|
|Litecoin||3.42 %||11.69 %||18.06 %|
|Chainlink||4.68 %||15.16 %||8.94 %|
|Bitcoin Cash||2.52 %||20.88 %||22.94 %|
|Stellar||0.30 %||13.97 %||22.41 %|
|Dogecoin||2.31 %||10.34 %||30.62 %|
|Theta Network||0.81 %||3.48 %||7.48 %|
|USD Coin||0.27 %||0.34 %||0.18 %|
|Filecoin||0.31 %||1.38 %||1.23 %|
|TRON||1.91 %||15.72 %||23.17 %|
|VeChain||1.71 %||5.32 %||36.45 %|
|Wrapped Bitcoin||0.26 %||4.35 %||7.07 %|
|EOS||2.66 %||24.58 %||20.60 %|