Li Auto Inc. (NASDAQ:LI) Shares Purchased by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC boosted its position in shares of Li Auto Inc. (NASDAQ:LI) by 91.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,558 shares of the company’s stock after buying an additional 13,187 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Li Auto were worth $661,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in LI. RWC Asset Advisors US LLC lifted its stake in shares of Li Auto by 20.0% in the fourth quarter. RWC Asset Advisors US LLC now owns 3,181,050 shares of the company’s stock worth $76,313,000 after buying an additional 530,390 shares in the last quarter. NINE MASTS CAPITAL Ltd purchased a new position in Li Auto in the 4th quarter worth approximately $6,637,000. Barclays PLC boosted its holdings in shares of Li Auto by 41.8% during the 3rd quarter. Barclays PLC now owns 602,028 shares of the company’s stock worth $15,442,000 after purchasing an additional 177,414 shares during the last quarter. Quantbot Technologies LP purchased a new stake in shares of Li Auto in the fourth quarter valued at approximately $3,821,000. Finally, Arrowstreet Capital Limited Partnership increased its holdings in shares of Li Auto by 110.7% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 260,552 shares of the company’s stock valued at $6,251,000 after purchasing an additional 136,904 shares during the last quarter. Institutional investors and hedge funds own 9.88% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Cfra Research raised Li Auto to a “strong sell” rating in a research note on Friday, March 21st. Macquarie cut shares of Li Auto from an “outperform” rating to a “neutral” rating and set a $27.00 price target on the stock. in a research report on Monday, March 17th. HSBC set a $38.50 price objective on shares of Li Auto and gave the stock a “buy” rating in a research report on Thursday, March 6th. Nomura Securities upgraded shares of Li Auto to a “hold” rating in a report on Monday, March 17th. Finally, JPMorgan Chase & Co. upgraded shares of Li Auto from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $22.00 to $40.00 in a report on Friday, February 28th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, Li Auto has an average rating of “Hold” and a consensus target price of $35.73.

Li Auto Trading Down 8.0 %

LI opened at $19.79 on Wednesday. The business has a fifty day simple moving average of $26.32 and a 200-day simple moving average of $25.05. Li Auto Inc. has a 52 week low of $17.44 and a 52 week high of $33.12. The firm has a market cap of $20.72 billion, a P/E ratio of 14.66, a P/E/G ratio of 3.27 and a beta of 0.94. 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 Company 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.