Group One Trading L.P. bought a new position in shares of Fanhua Inc. (NASDAQ:FANH) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 8,615 shares of the financial services provider’s stock, valued at approximately $108,000.

Several other hedge funds also recently made changes to their positions in the stock. Northern Trust Corp boosted its holdings in shares of Fanhua by 2.8% during the 2nd 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 during the period. Greenwoods Asset Management Ltd boosted its holdings in shares of Fanhua by 3.2% during the 3rd quarter. Greenwoods Asset Management Ltd now owns 136,160 shares of the financial services provider’s stock worth $1,712,000 after buying an additional 4,260 shares during the period. KCM Investment Advisors LLC boosted its holdings in shares of Fanhua by 39.1% during the 2nd 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 during the period. State Street Corp boosted its holdings in shares of Fanhua by 10.0% during the 2nd quarter. State Street Corp now owns 84,154 shares of the financial services provider’s stock worth $720,000 after buying an additional 7,682 shares during the period. Finally, California Public Employees Retirement System boosted its holdings in shares of Fanhua by 2.2% during the 2nd quarter. California Public Employees Retirement System now owns 369,300 shares of the financial services provider’s stock worth $3,161,000 after buying an additional 8,000 shares during the period. 15.49% of the stock is owned by institutional investors and hedge funds.

Shares of Fanhua Inc. (NASDAQ FANH) opened at $24.57 on Monday. Fanhua Inc. has a 12 month low of $6.79 and a 12 month high of $24.61. The firm has a market cap of $1,431.30, a PE ratio of 26.14 and a beta of 1.35.

The firm also recently disclosed a None dividend, which will be paid on Friday, December 22nd. Shareholders of record on Friday, December 8th will be paid a $0.195 dividend. This represents a yield of 3.49%. The ex-dividend date of this dividend is Thursday, December 7th. Fanhua’s dividend payout ratio (DPR) is 31.91%.

Separately, ValuEngine downgraded shares of Fanhua from a “buy” rating to a “hold” rating in a report on Monday, October 2nd.

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Fanhua Company Profile

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.

Institutional Ownership by Quarter for Fanhua (NASDAQ:FANH)

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