1 week Ago By ABMN Staff
Arrowstreet Capital Limited Partnership boosted its position in Li Auto Inc. ( NASDAQ:LI – Free Report ) by 110.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).
The institutional investor owned 260,552 shares of the company’s stock after buying an additional 136,904 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in Li Auto were worth $6,251,000 at the end of the most recent quarter. Other institutional investors have also added to or reduced their stakes in the company.
Brilliance Asset Management Ltd. increased its position in shares of Li Auto by 0.7% during the fourth quarter.
Brilliance Asset Management Ltd. now owns 3,508,642 shares of the company’s stock worth $84,172,000 after acquiring an additional 24,416 shares in the last quarter. RWC Asset Advisors US LLC increased its holdings in Li Auto by 20.
0% during the 4th quarter. RWC Asset Advisors US LLC now owns 3,181,050 shares of the company’s stock worth $76,313,000 after purchasing an additional 530,390 shares in the last quarter. American Century Companies Inc.
increased its holdings in Li Auto by 14.9% during the 4th quarter. American Century Companies Inc.
now owns 1,005,524 shares of the company’s stock worth $24,123,000 after purchasing an additional 130,598 shares in the last quarter. Barclays PLC lifted its holdings in shares of Li Auto by 41.8% in the third quarter.
Barclays PLC now owns 602,028 shares of the company’s stock valued at $15,442,000 after purchasing an additional 177,414 shares in the last quarter. Finally, NINE MASTS CAPITAL Ltd purchased a new position in shares of Li Auto during the fourth quarter valued at approximately $6,637,000. 9.
88% of the stock is owned by institutional investors and hedge funds. Analyst Ratings Changes A number of research firms recently commented on LI. JPMorgan Chase & Co.
raised Li Auto from a “neutral” rating to an “overweight” rating and increased their price target for the company from $22.00 to $40.00 in a research report on Friday, February 28th.
Nomura Securities upgraded shares of Li Auto to a “hold” rating in a report on Monday, March 17th. HSBC set a $38.50 price target on shares of Li Auto and gave the stock a “buy” rating in a report on Thursday, March 6th.
Cfra Research raised shares of Li Auto to a “strong sell” rating in a research report on Friday, March 21st. Finally, Macquarie downgraded Li Auto from an “outperform” rating to a “neutral” rating and set a $27.00 target price on the stock.
in a research note on Monday, March 17th. One research analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.
com, the company has a consensus rating of “Hold” and an average target price of $35.73. Li Auto Stock Down 6.
8 % LI opened at $21.51 on Tuesday. The company’s 50-day moving average price is $26.
45 and its two-hundred day moving average price is $25.10. The company has a quick ratio of 1.
64, a current ratio of 1.76 and a debt-to-equity ratio of 0.13.
Li Auto Inc. has a twelve month low of $17.44 and a twelve month high of $33.
12. The stock has a market cap of $22.82 billion, a price-to-earnings ratio of 15.
93, a PEG ratio of 3.27 and a beta of 0.94.
About Li Auto ( Free Report ) 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. Featured Articles Want to see what other hedge funds are holding LI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Li Auto Inc.
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