<div id="readability-page-1"><p>Futu Holdings Limited Sponsored ADR (NASDAQ:FUTU - Get Free Report) shot up 12.5% on Wednesday . The stock traded as high as $158.38 and last traded at $158.5590. 2,220,579 shares changed hands during trading, an increase of 37% from the average session volume of 1,615,755 shares. The stock had previously closed at $140.97.</p><h2>Analyst Upgrades and Downgrades</h2><ul><li>Hong Kong Financial Firm Futu Surges 33.12% Amid Stimulus Hints</li></ul><p>Several research analysts have recently weighed in on the stock. Barclays dropped their price target on shares of Futu from $236.00 to $200.00 and set an &#34;overweight&#34; rating on the stock in a research note on Monday, March 16th. Weiss Ratings  reiterated a &#34;hold (c+)&#34; rating on shares of Futu in a research note on Thursday, January 22nd. Finally, The Goldman Sachs Group upgraded Futu from a &#34;neutral&#34; rating to a &#34;buy&#34; rating and set a $213.39 price objective on the stock in a research report on Monday, February 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, five have issued  a Buy rating and two have assigned  a Hold rating to the stock. Based on data from MarketBeat.com, Futu  has an average rating of &#34;Buy&#34; and an average price target of $210.57.</p><p><b>View Our Latest Report on FUTU</b></p><h2>Futu Price Performance</h2><ul><li>Futu Holdings <span>NASDAQ: FUTU<span></span></span> Stock: Is the Chinese Fintech Company a Buy?</li></ul><p>The firm's 50-day moving average price is $147.53 and its 200-day moving average price is $163.38. The stock has a market cap of $22.02 billion, a P/E ratio of 15.39, a PEG ratio of 0.80 and a beta of 0.42. </p><p>Futu (NASDAQ:FUTU - Get Free Report) last issued its earnings results on Sunday, February 15th. The company reported $3.07 earnings per share for the quarter. The firm had revenue of $771.00 million during the quarter. Futu had a net margin of 49.63% and a return on equity of 32.24%.  Sell-side analysts expect that  Futu Holdings Limited Sponsored ADR will post 4.94 earnings per share for the current year. </p><h2>Futu Announces Dividend</h2><p>The business also recently disclosed a special dividend, which will be paid on Wednesday, April 29th. Shareholders of record on Thursday, April 16th will be issued a dividend of $2.60 per share. The ex-dividend date of this dividend is Thursday, April 16th. Futu's dividend payout ratio  is 24.81%. </p><h2>Institutional Investors Weigh In On Futu</h2><p>Hedge funds have recently made changes to their positions in the company. CoreCap Advisors LLC boosted its stake in  Futu by 2.8% during the fourth quarter. CoreCap Advisors LLC now owns 2,455 shares of the company's stock valued at $403,000 after buying an additional 68 shares during the last quarter.  Lifestyle Asset Management Inc. raised its holdings in shares of  Futu by 2.2% during the 4th quarter. Lifestyle Asset Management Inc. now owns 3,420 shares of the company's stock worth $562,000 after acquiring an additional 72 shares in the last quarter.  Orion Porfolio Solutions LLC raised its holdings in shares of  Futu by 3.3% during the 4th quarter. Orion Porfolio Solutions LLC now owns 2,391 shares of the company's stock worth $393,000 after acquiring an additional 77 shares in the last quarter.  Diversify Wealth Management LLC boosted its position in shares of  Futu by 0.9% during the 3rd quarter. Diversify Wealth Management LLC now owns 8,962 shares of the company's stock valued at $1,559,000 after acquiring an additional 83 shares during the last quarter.  Finally, Personal CFO Solutions LLC grew its holdings in shares of  Futu by 5.1% in the fourth quarter. Personal CFO Solutions LLC now owns 1,713 shares of the company's stock valued at $281,000 after purchasing an additional 83 shares in the last quarter. </p><h2>Futu Company Profile</h2> (Get Free Report)<p>Futu Holdings Ltd. is a technology-driven brokerage and wealth management company that provides online brokerage services, market data, and investment tools to retail and institutional clients. Headquartered in Hong Kong and listed on the NASDAQ under the ticker FUTU, the company operates digital trading platforms that combine order execution, real-time quotes, news, and research tools to serve active investors and wealth management customers.  </p><p>The firm's product suite includes brokerage access to equities, exchange-traded funds and derivatives across major markets, margin financing, initial public offering (IPO) subscription services, wealth management products and discretionary investment solutions.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Futu</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Futu Right Now?</h2><p>Before you consider Futu, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Futu wasn't on the list.</p><p>While Futu currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>Futu Holdings Limited (NASDAQ:FUTU) saw its stock price rise by 12.5% to $158.56, with trading volume increasing by 37%. Analysts have mixed ratings, with Barclays lowering its price target to $200, while Goldman Sachs upgraded it to a 'buy' with a target of $213.39. The company reported earnings of $3.07 per share and a revenue of $771 million, with a net margin of 49.63%. Futu also announced a special dividend of $2.60 per share, payable on April 29th. The average price target for the stock is $210.57.</p>

- Futu Holdings Limited's stock surged 12.5%, closing at $158.56 with trading volume increasing by 37%.  
- Analysts have mixed views: Barclays decreased its target from $236 to $200, while Goldman Sachs upgraded its rating to "buy" with a price target of $213.39.  
- The company reported earnings of $3.07 per share last quarter and announced a special dividend of $2.60 per share payable on April 29.

Futu (NASDAQ:FUTU) Trading 12.5% Higher - Time to Buy?