Parametrica Management Ltd Acquires 1,302 Shares of Li Auto Inc. (NASDAQ:LI)

Parametrica Management Ltd lifted its holdings in Li Auto Inc. (NASDAQ:LI) by 3.7% in the fourth quarter, Holdings Channel reports. The fund owned 36,402 shares of the company’s stock after purchasing an additional 1,302 shares during the quarter. Li Auto makes up 2.2% of Parametrica Management Ltd’s holdings, making the stock its 16th biggest holding. Parametrica Management Ltd’s holdings in Li Auto were worth $1,363,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. NEW THINKING HONG KONG INVESTMENT MANAGEMENT CO. Ltd lifted its holdings in shares of Li Auto by 63.4% in the 4th quarter. NEW THINKING HONG KONG INVESTMENT MANAGEMENT CO. Ltd now owns 187,606 shares of the company’s stock valued at $7,022,000 after acquiring an additional 72,798 shares during the last quarter. Tudor Investment Corp Et Al lifted its stake in Li Auto by 603.8% in the third quarter. Tudor Investment Corp Et Al now owns 160,099 shares of the company’s stock worth $5,708,000 after purchasing an additional 137,350 shares during the last quarter. Rafferty Asset Management LLC lifted its stake in Li Auto by 123.4% in the third quarter. Rafferty Asset Management LLC now owns 21,992 shares of the company’s stock worth $784,000 after purchasing an additional 12,149 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in Li Auto in the third quarter worth about $6,787,000. Finally, Handelsbanken Fonder AB bought a new stake in Li Auto in the fourth quarter worth about $9,358,000. Institutional investors own 9.88% of the company’s stock.

Li Auto Stock Up 6.7 %

LI stock traded up $1.57 during trading on Friday, hitting $25.04. 12,984,974 shares of the company’s stock traded hands, compared to its average volume of 6,822,057. The firm has a market capitalization of $26.57 billion, a P/E ratio of 16.15 and a beta of 1.04. The business has a fifty day simple moving average of $32.95 and a two-hundred day simple moving average of $33.74. The company has a quick ratio of 1.48, a current ratio of 1.57 and a debt-to-equity ratio of 0.03. Li Auto Inc. has a 1 year low of $22.26 and a 1 year high of $47.33.

Li Auto (NASDAQ:LI) last released its quarterly earnings results on Monday, February 26th. The company reported $0.49 earnings per share (EPS) for the quarter. Li Auto had a net margin of 9.44% and a return on equity of 18.37%. The business had revenue of $5.88 billion for the quarter. Sell-side analysts anticipate that Li Auto Inc. will post 1.97 EPS for the current year.

Analyst Ratings Changes

Several brokerages have issued reports on LI. Barclays downgraded shares of Li Auto from an “overweight” rating to an “equal weight” rating and decreased their price objective for the stock from $39.00 to $25.00 in a research note on Thursday. Deutsche Bank Aktiengesellschaft raised shares of Li Auto from a “hold” rating to a “buy” rating and decreased their price objective for the stock from $45.00 to $41.00 in a research note on Tuesday, February 6th. Morgan Stanley decreased their price objective on shares of Li Auto from $74.00 to $65.00 and set an “overweight” rating for the company in a research note on Monday, March 25th. The Goldman Sachs Group began coverage on shares of Li Auto in a research note on Wednesday, January 3rd. They set a “buy” rating for the company. Finally, Citigroup decreased their price target on shares of Li Auto from $57.30 to $48.50 and set a “buy” rating for the company in a research note on Friday, March 22nd. One analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $45.36.

Li Auto Profile

Li Auto Inc operates in the energy vehicle market in the People's Republic of China. It designs, develops, manufactures, and sells premium smart electric vehicles. The company's product line comprises MPVs and sport utility vehicles. It offers sales and after sales management, and technology development and corporate management services, as well as purchases manufacturing equipment.