Xinyuan Real Estate (NYSE:XIN) issued its quarterly earnings results on Thursday. The financial services provider reported $0.33 earnings per share (EPS) for the quarter, Morningstar.com reports. Xinyuan Real Estate had a return on equity of 13.03% and a net margin of 3.34%.
NYSE XIN opened at $4.21 on Friday. The company has a debt-to-equity ratio of 4.59, a quick ratio of 1.71 and a current ratio of 1.71. Xinyuan Real Estate has a 12-month low of $3.60 and a 12-month high of $5.68. The company has a market cap of $353.51 million, a price-to-earnings ratio of 2.94 and a beta of 1.84.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. PEAK6 Investments LLC increased its position in Xinyuan Real Estate by 105.5% during the 4th quarter. PEAK6 Investments LLC now owns 32,186 shares of the financial services provider’s stock worth $122,000 after purchasing an additional 16,523 shares during the period. Millennium Management LLC increased its position in Xinyuan Real Estate by 81.3% during the 4th quarter. Millennium Management LLC now owns 115,065 shares of the financial services provider’s stock worth $437,000 after purchasing an additional 51,586 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of Xinyuan Real Estate by 33.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 418,441 shares of the financial services provider’s stock worth $1,887,000 after acquiring an additional 104,639 shares in the last quarter. Two Sigma Investments LP purchased a new stake in shares of Xinyuan Real Estate during the 4th quarter worth approximately $59,000. Finally, Mackenzie Financial Corp boosted its stake in shares of Xinyuan Real Estate by 45.8% during the 4th quarter. Mackenzie Financial Corp now owns 70,700 shares of the financial services provider’s stock worth $269,000 after acquiring an additional 22,200 shares in the last quarter. Institutional investors own 9.43% of the company’s stock.
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Xinyuan Real Estate Co, Ltd., through its subsidiaries, develops residential real estate properties for middle income consumers in the People's Republic of China and the United States. It develops residential projects, such as multi-layer apartment buildings, sub-high-rise apartment buildings, or high-rise apartment buildings; auxiliary services and amenities, such as retail outlets, leisure and health facilities, kindergartens, and schools; and small scale residential properties, as well as office, mixed-use, and commercial properties.
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