NOAH

Noah Holdings
NOAH

$8.99

1.47%

Market Cap: $592M

About: Noah Holdings Ltd is a wealth management service provider. It focuses on wealth investment and asset allocation services for high-net-worth individuals and enterprises in China. The company operates through three segments: wealth management, asset management, and other business. Its product offerings consisting of over-the-counter wealth management and OTC asset management products and mutual fund products. The portfolio of the group mostly includes fixed income products, private equity funds and securities investment funds. Majority of the firm revenue is generated through one-time commissions and recurring service fees paid by third-party product providers.

Employees: 2,583

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

173% more call options, than puts

Call options by funds: $2.5M | Put options by funds: $913K

25% more funds holding in top 10

Funds holding in top 10: 4 [Q1] → 5 (+1) [Q2]

0.03% less ownership

Funds ownership: 8.28% [Q1] → 8.25% (-0.03%) [Q2]

8% less capital invested

Capital invested by funds: $313M [Q1] → $287M (-$26.1M) [Q2]

9% less funds holding

Funds holding: 77 [Q1] → 70 (-7) [Q2]

37% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 19

43% less repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 30

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Research analyst outlook

We haven’t received any recent analyst ratings for NOAH.

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Financial journalist opinion

Based on 6 articles about NOAH published over the past 30 days

Noah Holdings: Q2 Results Miss And New Buyback Plan Draw Attention

NOAH's latest Q2 2024 results were a disappointment, as the company's latest quarterly revenue and earnings missed expectations and dropped significantly on a YoY basis. On the flip side, Noah Holdings announced a new $50 million buyback program that might enhance the stock's future shareholder yield. I continue to have a Neutral view of NOAH following my evaluation of the company's negative financial performance and positive shareholder capital return outlook.

Noah Holdings: Q2 Results Miss And New Buyback Plan Draw Attention

Noah Holdings Limited (NOAH) Q2 2024 Earnings Call Transcript

Noah Holdings Limited (NYSE:NOAH ) Q2 2024 Results Earnings Conference Call August 29, 2024 8:00 PM ET Company Participants Melo Xi - Senior Director and Head of Global Capital Markets Zhe Yin - Co-founder, Chief Executive Officer and Chairman of Gopher Asset Management Qing Pan - Group Chief Financial Officer Jingbo Wang - Co-founder and Chairperson Conference Call Participants Peter Zhang - J.P. Morgan Operator Good day.

Noah Holdings Limited (NOAH) Q2 2024 Earnings Call Transcript

Noah Holdings Announces $50M Share Repurchase, Signaling Confidence in Overseas Growth

SHANGHAI , Aug. 29, 2024 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH and HKEX: 6686), a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for Mandarin-speaking high-net-worth investors, today announced its unaudited financial results for the second quarter of 2024. Noah recorded total net revenue of RMB 616 million in the second quarter of 2024.

Noah Holdings Announces $50M Share Repurchase, Signaling Confidence in Overseas Growth

Noah Reports Q2 Earnings, Driven by Robust Growth in Overseas Markets

SHANGHAI , Aug. 29, 2024 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH and HKEX: 6686), a leading and pioneer wealth management service provider offering comprehensive advisory services on global investment and asset allocation primarily for Mandarin-speaking high-net-worth investors, today announced its unaudited financial results for the second quarter of 2024. The Company recorded total net revenues of RMB 616 million (US$ 85 million) in the second quarter of 2024, with overseas businesses contributing RMB 279 million (US$ 38 million).

Noah Reports Q2 Earnings, Driven by Robust Growth in Overseas Markets

NOAH HOLDINGS LIMITED ANNOUNCES UNAUDITED FINANCIAL RESULTS FOR THE SECOND QUARTER OF 2024

SHANGHAI , Aug. 28, 2024 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH and HKEX: 6686), a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for Mandarin-speaking high-net-worth investors, today announced its unaudited financial results for the second quarter of 2024. SECOND QUARTER 2024 FINANCIAL HIGHLIGHTS N et revenue s for the second quarter of 2024 were RMB615.8 million (US$84.7 million), a 34.6% decrease from the corresponding period in 2023, and a 5.2% decrease from the first quarter of 2024，primarily due to a decrease in distribution of insurance products.

NOAH HOLDINGS LIMITED ANNOUNCES UNAUDITED FINANCIAL RESULTS FOR THE SECOND QUARTER OF 2024

Noah Holdings Announces US$50 Million Share Repurchase Program

SHANGHAI , Aug. 28, 2024 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH and HKEX: 6686), a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for Mandarin-speaking high-net-worth investors, today announced that as part of its commitment to enhancing shareholder returns, the board of directors of the Company (the "Board") authorized a share repurchase program under which the Company may repurchase up to US$50 million of its American depositary shares or ordinary shares, effective immediately. The authorized term for carrying out this share repurchase program is two years.

Noah Holdings Announces US$50 Million Share Repurchase Program

Readers Identify 25 Ideal July Dividend Buys Out Of 37 Picks

Before July 31, 2024, my REaders mentioned 38 equities in their comments on my articles. Some bad-news investments (ROgues) mixed with (mostly) FAvorites. Thus, readers commented about the ReFa/Ro. Ten analyst-target-estimated TOP-NET-GAIN ReFa/Ro: FSK, PFE, VZ, PFS, PBR, ET, ESEA, EL, VALE, and NOAH averaged 41.06% net gains from reader data collected 8/14/24. Ten analyst-target-augured July TOP-PRICE-UPSIDE reader faves & rogues (ReFa/Ro) were: XOM, PBR, PFE, VZ, PFS, ET, ESEA, EL, VALE & NOAH, boasting a 33.38% average target price upside estimate.

Readers Identify 25 Ideal July Dividend Buys Out Of 37 Picks

Noah to Report Second Quarter and Half Year 2024 Unaudited Financial Results on August 28, 2024

SHANGHAI , Aug. 16, 2024 /PRNewswire/ -- Noah Holdings Limited (the "Company" or "Noah") (NYSE: NOAH and HKEX: 6686), a leading and pioneer wealth management service provider offering comprehensive advisory services on global investment and asset allocation primarily for Mandarin speaking high-net-worth investors, today announced that it will report its unaudited financial results for the second quarter and half year ended June 30, 2024, after U.S. markets close on August 28, 2024. Noah's management team will hold an earnings conference call at 8:00 p.m.

Noah to Report Second Quarter and Half Year 2024 Unaudited Financial Results on August 28, 2024

Noah Holdings Rewards Shareholders with Record RMB 1,018 Million Dividend Payout Under New Shareholder Return Policy

SHANGHAI , Aug. 6, 2024 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH and HKEX: 6686), a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for Mandarin-speaking high-net-worth investors, rewarded shareholders with a record RMB1,018 million (approximately USD 140.1 million) dividend payout under its new capital management and shareholder return policy. The dividend payout was processed on July 25 for registered holders of the Company's shares in Hong Kong and August 1 for registered holders of the Company's shares in the U.S. "We are a company with a strong balance sheet that is often underestimated," said Ms.

Noah Holdings Rewards Shareholders with Record RMB 1,018 Million Dividend Payout Under New Shareholder Return Policy

Noah Holdings Limited Announces Results of Annual General Meeting and Payment of Final Dividend and Special Dividend

SHANGHAI , June 12, 2024 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH and HKEX: 6686), a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for Mandarin-speaking high-net-worth investors, today announced that its annual general meeting (the "AGM") was held in Hong Kong on June 12, 2024 and all the proposed resolutions submitted for shareholders' approval as set forth in the notice of the AGM dated April 24, 2024 were duly passed at the AGM. The Company also announced that it will distribute (i) final dividend of RMB509.0 million (approximately US$70.2 million based on the latest exchange rates available as of the date of this announcement) in aggregate (with a distribution ratio of RMB1.54 (equivalent to approximately US$0.21, or approximately HK$1.66) per share (tax inclusive)) in respect of the year ended December 31, 2023; and (ii) special dividend of RMB509.0 million (approximately US$70.2 million based on the latest exchange rates available as of the date of this announcement) in aggregate (with a distribution ratio of RMB1.54 (equivalent to approximately US$0.21, or approximately HK$1.66 based on the latest exchange rates available as of the date of this announcement ) per share (tax inclusive)), to Shareholders whose names appear on the register of members of the Company as of the close of business on July 3, 2024 (the "Dividend Record Date").

Noah Holdings Limited Announces Results of Annual General Meeting and Payment of Final Dividend and Special Dividend

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