Barclays PLC raised its stake in JinkoSolar Holding Co., Ltd. (NYSE:JKS – Get Score) by 434.1% within the third quarter, in keeping with the corporate in its most up-to-date disclosure with the Securities & Alternate Fee. The institutional investor owned 44,458 shares of the semiconductor firm’s inventory after buying a further 36,134 shares throughout the quarter. Barclays PLC owned roughly 0.09% of JinkoSolar price $2,463,000 on the finish of the newest reporting interval.
Quite a few different hedge funds have additionally not too long ago purchased and bought shares of the inventory. Daiwa Securities Group Inc. boosted its stake in shares of JinkoSolar by 13.3% throughout the third quarter. Daiwa Securities Group Inc. now owns 3,400 shares of the semiconductor firm’s inventory price $188,000 after buying a further 400 shares throughout the interval. abrdn plc boosted its stake in shares of JinkoSolar by 1.5% throughout the 2nd quarter. abrdn plc now owns 29,998 shares of the semiconductor firm’s inventory price $1,927,000 after buying a further 442 shares throughout the interval. Vanguard Personalised Indexing Administration LLC boosted its stake in shares of JinkoSolar by 11.5% throughout the 2nd quarter. Vanguard Personalised Indexing Administration LLC now owns 4,846 shares of the semiconductor firm’s inventory price $335,000 after buying a further 498 shares throughout the interval. US Bancorp DE boosted its stake in shares of JinkoSolar by 25.0% throughout the third quarter. US Bancorp DE now owns 2,680 shares of the semiconductor firm’s inventory price $148,000 after buying a further 536 shares throughout the interval. Lastly, Selective Wealth Administration Inc. purchased a brand new place in shares of JinkoSolar throughout the 2nd quarter price roughly $55,000.
JinkoSolar Value Efficiency
Shares of NYSE JKS opened at $57.17 on Thursday. The corporate has a debt-to-equity ratio of 0.63, a present ratio of 1.09 and a fast ratio of 0.77. JinkoSolar Holding Co., Ltd. has a fifty-two week low of $35.41 and a fifty-two week excessive of $76.92. The inventory has a market capitalization of $2.87 billion, a PE ratio of -248.55 and a beta of 0.73. The enterprise has a fifty day transferring common value of $50.19 and a two-hundred day transferring common value of $53.52.
Wall Road Analyst Weigh In
A number of brokerages have not too long ago commented on JKS. TheStreet upgraded JinkoSolar from a “d+” ranking to a “c” ranking in a analysis notice on Friday, October twenty eighth. StockNews.com upgraded JinkoSolar from a “promote” ranking to a “maintain” ranking in a analysis notice on Friday, October twenty first. The Goldman Sachs Group boosted their value goal on JinkoSolar from $38.00 to $41.00 in a analysis notice on Monday. Lastly, Roth Capital upgraded JinkoSolar from a “impartial” ranking to a “purchase” ranking and boosted their value goal for the corporate from $50.00 to $70.00 in a analysis notice on Wednesday, January eleventh. One equities analysis analyst has rated the inventory with a promote ranking, two have given a maintain ranking and two have given a purchase ranking to the inventory. Primarily based on information from MarketBeat, the inventory at the moment has a consensus ranking of “Maintain” and a median goal value of $59.75.
JinkoSolar Firm Profile
JinkoSolar Holding Co, Ltd. engages within the manufacture of photo voltaic modules. It distributes photo voltaic merchandise and sells its options and companies to a diversified worldwide utility, business and residential prospects. The corporate was based by Xiande Li, Kangping Chen, and Xianhua Li on August 3, 2007 and is headquartered in Shangrao, China.
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