Leonteq Securities AG Buys Shares of 35,921 Li Auto Inc. Sponsored ADR $LI

Leonteq Securities AG bought a new stake in Li Auto Inc. Sponsored ADR (NASDAQ:LI) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 35,921 shares of the company’s stock, valued at approximately $608,000.

Several other large investors have also recently bought and sold shares of the company. Goldman Sachs Group Inc. raised its position in Li Auto by 133.3% in the first quarter. Goldman Sachs Group Inc. now owns 2,636,156 shares of the company’s stock valued at $66,431,000 after purchasing an additional 1,505,991 shares during the last quarter. American Century Companies Inc. increased its stake in shares of Li Auto by 4.6% in the third quarter. American Century Companies Inc. now owns 1,355,616 shares of the company’s stock valued at $34,351,000 after buying an additional 60,172 shares during the period. Maxi Investments CY Ltd acquired a new stake in shares of Li Auto in the third quarter valued at about $16,040,000. SG Americas Securities LLC increased its stake in shares of Li Auto by 324.2% in the fourth quarter. SG Americas Securities LLC now owns 342,025 shares of the company’s stock valued at $5,790,000 after buying an additional 261,389 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in shares of Li Auto by 1.2% in the third quarter. Dimensional Fund Advisors LP now owns 271,168 shares of the company’s stock valued at $6,871,000 after buying an additional 3,227 shares during the period. 9.88% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages have recently weighed in on LI. Jefferies Financial Group reissued a “hold” rating and issued a $17.50 price target (down from $28.80) on shares of Li Auto in a research note on Friday, January 23rd. Wall Street Zen raised Li Auto from a “strong sell” rating to a “sell” rating in a research note on Sunday, April 12th. JPMorgan Chase & Co. increased their price target on Li Auto from $14.00 to $15.50 and gave the company an “underweight” rating in a research note on Friday, March 13th. BNP Paribas Exane raised Li Auto from an “underperform” rating to a “neutral” rating in a research note on Wednesday, April 22nd. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Li Auto in a research note on Friday, March 27th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, Li Auto currently has a consensus rating of “Hold” and a consensus price target of $18.55.

Li Auto Trading Down 1.9%

NASDAQ LI opened at $15.89 on Friday. The business has a 50 day simple moving average of $17.96 and a 200 day simple moving average of $17.81. Li Auto Inc. Sponsored ADR has a one year low of $15.39 and a one year high of $32.03. The stock has a market capitalization of $16.97 billion, a P/E ratio of 122.24 and a beta of 0.63. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.81 and a quick ratio of 1.68.

Li Auto (NASDAQ:LI) last released its earnings results on Sunday, March 22nd. The company reported ($0.06) EPS for the quarter. Li Auto had a return on equity of 1.52% and a net margin of 0.99%.The business had revenue of $545.61 million for the quarter. Research analysts expect that Li Auto Inc. Sponsored ADR will post 0.12 earnings per share for the current year.

Li Auto Company Profile

Li Auto Inc is a Chinese automotive company that develops, manufactures and sells smart electric vehicles, with an early focus on range-extended electric SUVs designed for family use. The company is headquartered in China and serves the domestic market through a combination of online channels and a network of retail/showroom locations. Li Auto was founded to address range-anxiety in electric vehicle buyers by integrating a small internal-combustion engine as a range extender alongside a large battery, enabling longer driving range while retaining electric driving characteristics.

The company’s product lineup centers on multi?occupant SUVs that combine electric propulsion, advanced in?vehicle connectivity and driver?assistance features.