Fanhua (FANH) Scheduled to Post Quarterly Earnings on Monday

Fanhua (NASDAQ:FANH) is set to issue its quarterly earnings data before the market opens on Monday, November 20th. Individual interested in registering for the company’s earnings conference call can do so using this link.

Fanhua (NASDAQ:FANH) last released its quarterly earnings results on Wednesday, August 30th. The financial services provider reported $0.20 earnings per share for the quarter. The business had revenue of $156.20 million for the quarter. Fanhua had a net margin of 7.26% and a return on equity of 12.43%.

Fanhua Stock Down 5.0 %

NASDAQ:FANH opened at $6.87 on Friday. The stock has a market cap of $397.57 million, a P/E ratio of 10.73 and a beta of 0.07. The firm’s fifty day simple moving average is $7.17 and its 200 day simple moving average is $7.27. Fanhua has a twelve month low of $4.35 and a twelve month high of $9.54.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on shares of Fanhua in a report on Thursday, October 5th. They issued a “hold” rating on the stock.

Institutional Trading of Fanhua

A number of hedge funds have recently modified their holdings of the business. Invesco Ltd. bought a new stake in shares of Fanhua during the 3rd quarter valued at $224,000. State Street Corp raised its position in shares of Fanhua by 6.4% in the 2nd quarter. State Street Corp now owns 147,405 shares of the financial services provider’s stock worth $1,225,000 after purchasing an additional 8,822 shares during the last quarter. BlackRock Inc. raised its position in shares of Fanhua by 5.0% in the 2nd quarter. BlackRock Inc. now owns 51,567 shares of the financial services provider’s stock worth $429,000 after purchasing an additional 2,438 shares during the last quarter. Russell Investments Group Ltd. purchased a new position in shares of Fanhua in the 2nd quarter worth about $27,000. Finally, Dimensional Fund Advisors LP raised its position in shares of Fanhua by 4.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 515,624 shares of the financial services provider’s stock worth $2,659,000 after purchasing an additional 22,356 shares during the last quarter. Institutional investors own 12.16% of the company’s stock.

About Fanhua

Fanhua Inc, together with its subsidiary, distributes insurance products in China. It operates through two segments, Insurance Agency and Claims Adjusting. The Insurance Agency segment provides property and casualty insurance products that primarily include individual accident, travel, homeowner, and indemnity medical insurance products; and life insurance products, such as individual health, individual whole life, individual term life, individual endowment life, and individual annuity, as well as participating insurance products.