Are Hedge Funds Betting Against Xinyuan Real Estate Co., Ltd. (XIN)?

Xinyuan Real Estate Co., Ltd. (NYSE:XIN) produced a 24.65% rally since recording the worst price of $4.26. Thanks to the latest -7.49% decrease, it now trades at $5.31. Throughout the trading on 12/06/2017, the share price floated between $5.3004 and $5.73. This company shares are -100% up from its target price of $0 and the current market capitalization stands at $455.44M. The recent change has given its price a -8.44% deficit over SMA 50 and -21.1% deficit over its 52-week high. The stock witnessed -6.51% declines, 2.91% gains and 9.26% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found XIN’s volatility during a week at 4.73% and during a month it has been found around 4.31%.

Xinyuan Real Estate Co., Ltd. (XIN) Top Holders

Institutional investors currently hold around $74 million or 15.9% in XIN stock. Look at its top three institutional owners. Tpg Group Holdings (Sbs) Advisors, Inc. owns $34.44 million in Xinyuan Real Estate Co., Ltd., which represents roughly 7.56% of the company’s market cap and approximately 46.54% of the institutional ownership. Similar statistics are true for the second largest owner, Renaissance Technologies Llc, which owns 1,830,900 shares of the stock are valued at $10.51 million. The third largest holder is Ajo, Lp, which currently holds $4.73 million worth of this stock and that ownership represents nearly 1.04% of its market capitalization.

Xinyuan Real Estate Co., Ltd. 13F Filings

At the end of 09/30/2017 reporting period, 38 institutional holders increased their position in Xinyuan Real Estate Co., Ltd. (NYSE:XIN) by some 1,972,001 shares, 18 decreased positions by 602,509 and 9 held positions by 10,268,106. That puts total institutional holdings at 12,842,616 shares, according to SEC filings. The stock grabbed 15 new institutional investments totaling 697,086 shares while 6 institutional investors sold out their entire positions totaling 160,672 shares.

Previous articleKnott David M is the second biggest holder of Rand Logistics, Inc. (RLOG)
Next articleHedge Funds Now Own 71% Of Gastar Exploration Inc. (GST)