Yiheng Capital LLC boosted its holdings in shares of Ehi Car Services Ltd (NYSE:EHIC) by 16.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,957,154 shares of the company’s stock after purchasing an additional 419,057 shares during the period. Ehi Car Services accounts for approximately 8.8% of Yiheng Capital LLC’s holdings, making the stock its 5th largest holding. Yiheng Capital LLC’s holdings in Ehi Car Services were worth $34,214,000 at the end of the most recent quarter.
A number of other hedge funds have also added to or reduced their stakes in the stock. Renaissance Group LLC increased its stake in shares of Ehi Car Services by 11.1% in the 3rd quarter. Renaissance Group LLC now owns 47,925 shares of the company’s stock valued at $470,000 after buying an additional 4,786 shares during the period. Guggenheim Capital LLC boosted its position in shares of Ehi Car Services by 43.0% in the 4th quarter. Guggenheim Capital LLC now owns 31,252 shares of the company’s stock worth $362,000 after purchasing an additional 9,393 shares during the last quarter. Aperio Group LLC bought a new position in shares of Ehi Car Services in the 4th quarter worth $189,000. Parametric Portfolio Associates LLC bought a new position in shares of Ehi Car Services in the 2nd quarter worth $186,000. Finally, Pictet Asset Management Ltd. bought a new position in shares of Ehi Car Services in the 3rd quarter worth $241,000. 28.72% of the stock is owned by hedge funds and other institutional investors.
Separately, Zacks Investment Research upgraded Ehi Car Services from a “sell” rating to a “hold” rating in a research report on Tuesday, November 21st.
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Ehi Car Services Company Profile
eHi Car Services Limited, formerly Prudent Choice International Limited, is a holding company. The Company is engaged in car rentals and car services. The Company provides self-drive car rental services to both individual customers, as well as corporate and institutional clients to meet travel, leisure, business and ground transportation needs.
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