The Manufacturers Life Insurance Company acquired a new stake in shares of Jupai Holdings Ltd (NYSE:JP) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 7,200 shares of the asset manager’s stock, valued at approximately $133,000.
Separately, APG Asset Management N.V. acquired a new stake in shares of Jupai during the 4th quarter valued at $4,155,000. Institutional investors and hedge funds own 2.37% of the company’s stock.
Separately, ValuEngine raised Jupai from a “hold” rating to a “buy” rating in a report on Sunday, December 31st.
The business also recently announced a Not Available dividend, which will be paid on Thursday, May 31st. Shareholders of record on Monday, April 30th will be issued a dividend of $0.60 per share. The ex-dividend date of this dividend is Friday, April 27th.
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Jupai Company Profile
Jupai Holdings Limited (Jupai), formerly Jupai Investment Group, is a Cayman Islands-based third-party wealth management service provider. The Company focuses on distributing wealth management products and providing advisory services to individuals in People’s Republic of China (PRC) who have investable assets in excess of three million Renminbi (RMB).
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