Fullshare Holdings Ltd Maintains Stake in Tuniu Corporation (TOUR)
Fullshare Holdings Ltd
revealed that they own a 7.4% stake in Tuniu Corporation (NASDAQ:TOUR) in a Schedule 13G disclosure that was filed with the SEC on Friday, November 17th. The investor owns 27,910,049 shares of the stock valued at about $205,976,162. The reporting parties listed on the disclosure included Fullshare Holdings Limited, Five Seasons XII Limited, Fullshare Value Fund II LP, Fullshare Investment Management III Limited and Five Seasons XV Limited. The disclosure is available through EDGAR at this hyperlink.
A number of other institutional investors have also recently modified their holdings of the stock. Trexquant Investment LP raised its holdings in Tuniu Corporation by 5.0% during the second quarter. Trexquant Investment LP now owns 14,054 shares of the technology company’s stock worth $113,000 after purchasing an additional 673 shares in the last quarter. Stevens Capital Management LP increased its holdings in shares of Tuniu Corporation by 1.3% in the 2nd quarter. Stevens Capital Management LP now owns 14,559 shares of the technology company’s stock valued at $117,000 after acquiring an additional 183 shares during the period. Nine Chapters Capital Management LLC acquired a new position in shares of Tuniu Corporation in the 3rd quarter valued at $129,000. Profund Advisors LLC increased its holdings in shares of Tuniu Corporation by 40.7% in the 2nd quarter. Profund Advisors LLC now owns 16,748 shares of the technology company’s stock valued at $134,000 after acquiring an additional 4,848 shares during the period. Finally, PEAK6 Investments L.P. acquired a new position in shares of Tuniu Corporation in the 3rd quarter valued at $156,000.
TOUR has been the topic of several recent research reports. Credit Suisse Group initiated coverage on shares of Tuniu Corporation in a research note on Tuesday, October 10th. They issued an “outperform” rating and a $11.00 price objective on the stock. BidaskClub cut shares of Tuniu Corporation from a “sell” rating to a “strong sell” rating in a research note on Tuesday, July 25th.
Shares of Tuniu Corporation (TOUR) traded up $0.09 during midday trading on Friday, hitting $7.38. 57,600 shares of the company’s stock traded hands, compared to its average volume of 187,203. Tuniu Corporation has a 52 week low of $6.69 and a 52 week high of $9.60.
Tuniu Corporation (NASDAQ:TOUR) last issued its earnings results on Wednesday, August 16th. The technology company reported ($0.25) EPS for the quarter, hitting the consensus estimate of ($0.25). Tuniu Corporation had a negative net margin of 23.64% and a negative return on equity of 34.20%. The company had revenue of $460.10 million for the quarter, compared to analyst estimates of $455.05 million. During the same period in the previous year, the firm earned ($6.06) EPS. The business’s revenue was up 51.9% on a year-over-year basis.
About Tuniu Corporation
Tuniu Corporation is an online leisure travel company. The Company offers a selection of packaged tours, including organized tours and self-guided tours, as well as travel-related services for leisure travelers. Its online platform, which consists of its tuniu.com Website and mobile platform, provides product and travel information to enable leisure travelers to plan their travels.
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