Fanhua (FANH) Shares Sold by Boston Partners

Boston Partners decreased its holdings in Fanhua (NASDAQ:FANH) by 23.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 143,985 shares of the financial services provider’s stock after selling 44,289 shares during the quarter. Boston Partners owned about 0.25% of Fanhua worth $3,890,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in the business. Sensato Investors LLC purchased a new position in Fanhua in the fourth quarter worth $361,000. Goldman Sachs Group Inc. increased its position in shares of Fanhua by 1,002.3% in the fourth quarter. Goldman Sachs Group Inc. now owns 527,672 shares of the financial services provider’s stock valued at $11,408,000 after buying an additional 479,802 shares in the last quarter. Guggenheim Capital LLC increased its position in shares of Fanhua by 34.5% in the fourth quarter. Guggenheim Capital LLC now owns 18,719 shares of the financial services provider’s stock valued at $404,000 after buying an additional 4,803 shares in the last quarter. Deutsche Bank AG increased its position in shares of Fanhua by 319.4% in the fourth quarter. Deutsche Bank AG now owns 543,470 shares of the financial services provider’s stock valued at $11,749,000 after buying an additional 413,883 shares in the last quarter. Finally, Matthews International Capital Management LLC increased its position in shares of Fanhua by 2.5% in the fourth quarter. Matthews International Capital Management LLC now owns 332,600 shares of the financial services provider’s stock valued at $7,191,000 after buying an additional 8,200 shares in the last quarter. Hedge funds and other institutional investors own 15.64% of the company’s stock.

A number of research analysts have recently weighed in on the company. BidaskClub cut Fanhua from a “buy” rating to a “hold” rating in a research report on Tuesday, May 8th. ValuEngine upgraded Fanhua from a “hold” rating to a “buy” rating in a research report on Wednesday, May 2nd.

Shares of Fanhua opened at $29.97 on Friday, Marketbeat reports. Fanhua has a fifty-two week low of $28.76 and a fifty-two week high of $30.50. The firm has a market capitalization of $1.63 billion, a PE ratio of 26.16 and a beta of 1.65.

Fanhua (NASDAQ:FANH) last announced its quarterly earnings results on Monday, March 12th. The financial services provider reported $0.31 earnings per share for the quarter. Fanhua had a return on equity of 11.91% and a net margin of 10.66%. The business had revenue of $106.12 million during the quarter.

About Fanhua

Fanhua Inc distributes insurance products in China. It operates through three segments: Insurance Agency, Insurance Brokerage; and Claims Adjusting. The Insurance Agency segment provides property and casualty insurance products, including automobile, individual accident, travel, disability income, commercial property, construction, and other property and casualty products; and life insurance products that consist of individual whole life, individual term life, individual endowment life, and individual education annuity, as well as group life and participating insurance products.

Institutional Ownership by Quarter for Fanhua (NASDAQ:FANH)

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