Leonteq Securities AG bought a new position in shares of Li Auto Inc. Sponsored ADR (NASDAQ:LI – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 35,921 shares of the company’s stock, valued at approximately $608,000.
Several other large investors have also added to or reduced their stakes in the business. Tidal Investments LLC grew its stake in Li Auto by 1.0% during the second quarter. Tidal Investments LLC now owns 88,772 shares of the company’s stock worth $2,407,000 after purchasing an additional 856 shares during the period. Aberdeen Group plc grew its stake in Li Auto by 3.1% during the third quarter. Aberdeen Group plc now owns 28,842 shares of the company’s stock worth $731,000 after purchasing an additional 872 shares during the period. Corient Private Wealth LLC grew its stake in Li Auto by 8.6% during the second quarter. Corient Private Wealth LLC now owns 11,955 shares of the company’s stock worth $324,000 after purchasing an additional 951 shares during the period. Ballentine Partners LLC grew its stake in Li Auto by 9.6% in the fourth quarter. Ballentine Partners LLC now owns 13,786 shares of the company’s stock valued at $233,000 after acquiring an additional 1,208 shares during the period. Finally, Geode Capital Management LLC grew its stake in Li Auto by 0.7% in the second quarter. Geode Capital Management LLC now owns 176,684 shares of the company’s stock valued at $4,790,000 after acquiring an additional 1,230 shares during the period. Institutional investors and hedge funds own 9.88% of the company’s stock.
Li Auto Trading Down 1.9%
Shares of Li Auto stock opened at $15.89 on Friday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.68 and a current ratio of 1.81. Li Auto Inc. Sponsored ADR has a 52 week low of $15.39 and a 52 week high of $32.03. The stock has a 50 day moving average price of $17.96 and a two-hundred day moving average price of $17.81. The stock has a market capitalization of $16.97 billion, a PE ratio of 122.24 and a beta of 0.63.
Analyst Upgrades and Downgrades
A number of brokerages have commented on LI. Wall Street Zen raised Li Auto from a “strong sell” rating to a “sell” rating in a research note on Sunday, April 12th. The Goldman Sachs Group cut Li Auto from a “buy” rating to a “neutral” rating and set a $19.00 price objective for the company. in a research note on Tuesday, March 17th. JPMorgan Chase & Co. raised their price objective on Li Auto from $14.00 to $15.50 and gave the company an “underweight” rating in a research note on Friday, March 13th. BNP Paribas Exane raised Li Auto from an “underperform” rating to a “neutral” rating in a research note on Wednesday, April 22nd. Finally, Piper Sandler raised Li Auto from a “neutral” rating to an “outperform” rating in a research note on Friday, March 13th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $18.55.
View Our Latest Stock Analysis on Li Auto
Li Auto Company Profile
Li Auto Inc is a Chinese automotive company that develops, manufactures and sells smart electric vehicles, with an early focus on range-extended electric SUVs designed for family use. The company is headquartered in China and serves the domestic market through a combination of online channels and a network of retail/showroom locations. Li Auto was founded to address range-anxiety in electric vehicle buyers by integrating a small internal-combustion engine as a range extender alongside a large battery, enabling longer driving range while retaining electric driving characteristics.
The company’s product lineup centers on multi‑occupant SUVs that combine electric propulsion, advanced in‑vehicle connectivity and driver‑assistance features.
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