2 weeks Ago By ABMN Staff
Rhumbline Advisers lessened its position in Li Auto Inc. ( NASDAQ:LI – Free Report ) by 32.6% in the 2nd quarter, according to its most recent Form 13F filing with the SEC.
The institutional investor owned 8,780 shares of the company’s stock after selling 4,246 shares during the period. Rhumbline Advisers’ holdings in Li Auto were worth $157,000 as of its most recent filing with the SEC. Several other large investors have also recently bought and sold shares of LI.
Corient Private Wealth LLC boosted its position in shares of Li Auto by 5.3% during the fourth quarter. Corient Private Wealth LLC now owns 12,664 shares of the company’s stock worth $474,000 after buying an additional 641 shares during the period.
Campbell & CO Investment Adviser LLC lifted its stake in Li Auto by 204.3% in the fourth quarter. Campbell & CO Investment Adviser LLC now owns 18,386 shares of the company’s stock valued at $688,000 after acquiring an additional 12,343 shares during the last quarter.
Dymon Asia Capital Singapore PTE. LTD. bought a new position in shares of Li Auto in the 4th quarter valued at about $2,163,000.
Capital International Investors increased its stake in shares of Li Auto by 63.2% during the 4th quarter. Capital International Investors now owns 384,978 shares of the company’s stock worth $14,410,000 after purchasing an additional 149,099 shares during the last quarter.
Finally, Crossmark Global Holdings Inc. raised its holdings in shares of Li Auto by 4.7% in the 4th quarter.
Crossmark Global Holdings Inc. now owns 37,479 shares of the company’s stock valued at $1,403,000 after purchasing an additional 1,679 shares during the period. Institutional investors own 9.
88% of the company’s stock. Li Auto Trading Up 1.6 % Shares of LI stock opened at $25.
78 on Monday. Li Auto Inc. has a twelve month low of $17.
44 and a twelve month high of $46.44. The stock’s fifty day simple moving average is $20.
17 and its 200 day simple moving average is $22.97. The company has a quick ratio of 1.
63, a current ratio of 1.76 and a debt-to-equity ratio of 0.14.
The firm has a market capitalization of $27.35 billion, a P/E ratio of 17.19 and a beta of 0.
96. Analysts Set New Price Targets Several equities analysts have recently weighed in on the stock. JPMorgan Chase & Co.
dropped their price objective on shares of Li Auto from $21.00 to $19.00 and set a “neutral” rating on the stock in a research report on Thursday, August 29th.
Bank of America increased their price target on shares of Li Auto from $30.00 to $31.00 and gave the company a “buy” rating in a report on Thursday, August 29th.
Finally, Citigroup boosted their price objective on Li Auto from $21.60 to $25.50 and gave the stock a “neutral” rating in a report on Tuesday, September 24th.
Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, Li Auto presently has an average rating of “Moderate Buy” and a consensus target price of $33.07.
View Our Latest Research Report on Li Auto 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. Recommended Stories Receive News & Ratings for Li Auto Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Li Auto and related companies with MarketBeat.com's FREE daily email newsletter .
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