Fanhua Inc. (FANH) Given Average Rating of “” by Analysts
Fanhua Inc. (NASDAQ:FANH) has received an average broker rating score of 0.00 () from the zero analysts that cover the stock, Zacks Investment Research reports.
Zacks has also given Fanhua an industry rank of 228 out of 265 based on the ratings given to its competitors.
Separately, ValuEngine raised Fanhua from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd.
Large investors have recently made changes to their positions in the stock. Goldman Sachs Group Inc. acquired a new stake in shares of Fanhua during the second quarter worth approximately $107,000. Guggenheim Capital LLC acquired a new stake in shares of Fanhua during the fourth quarter worth approximately $134,000. KCM Investment Advisors LLC increased its stake in shares of Fanhua by 39.1% in the second quarter. KCM Investment Advisors LLC now owns 23,374 shares of the financial services provider’s stock worth $200,000 after buying an additional 6,575 shares in the last quarter. Citigroup Inc. acquired a new stake in shares of Fanhua during the second quarter worth approximately $207,000. Finally, Northern Trust Corp increased its stake in shares of Fanhua by 2.8% in the second quarter. Northern Trust Corp now owns 26,235 shares of the financial services provider’s stock worth $225,000 after buying an additional 725 shares in the last quarter. 8.46% of the stock is owned by institutional investors and hedge funds.
Shares of Fanhua (FANH) traded down 0.83% during trading on Tuesday, hitting $8.38. The stock had a trading volume of 28,115 shares. Fanhua has a 12-month low of $6.79 and a 12-month high of $10.35. The stock’s 50 day moving average is $8.77 and its 200-day moving average is $8.76. The company has a market cap of $488.31 million, a PE ratio of 16.56 and a beta of 0.98.
Fanhua (NASDAQ:FANH) last announced its quarterly earnings data on Monday, May 22nd. The financial services provider reported $0.17 EPS for the quarter. The business had revenue of $213.18 million during the quarter. Fanhua had a return on equity of 6.11% and a net margin of 3.92%. Analysts forecast that Fanhua will post $0.79 earnings per share for the current year.
Fanhua Inc, formerly CNinsure Inc, is an independent online-to-offline financial services provider in China. The Company distributes a range of property, casualty and life insurance products underwritten by domestic and foreign insurance companies operating in China to individual and institutional customers, and provides insurance claims adjusting services.
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