E Fund Management Co. Ltd. acquired a new stake in HUYA Inc. (NYSE:HUYA - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 120,757 shares of the company's stock, valued at approximately $371,000. E Fund Management Co. Ltd. owned about 0.05% of HUYA as of its most recent filing with the SEC.
Other large investors also recently made changes to their positions in the company. Vontobel Holding Ltd. acquired a new stake in shares of HUYA in the 4th quarter valued at $140,000. E Fund Management Hong Kong Co. Ltd. bought a new stake in shares of HUYA during the fourth quarter worth approximately $371,000. FMR LLC boosted its position in shares of HUYA by 236.8% in the 3rd quarter. FMR LLC now owns 2,391,957 shares of the company's stock worth $12,199,000 after purchasing an additional 1,681,800 shares during the last quarter. WCM Investment Management LLC grew its stake in shares of HUYA by 4,396.5% during the fourth quarter. WCM Investment Management LLC now owns 2,854,171 shares of the company's stock worth $8,505,000 after purchasing an additional 2,790,696 shares during the period. Finally, XTX Topco Ltd bought a new stake in HUYA in the third quarter valued at about $90,000. Institutional investors own 23.20% of the company's stock.
Analysts Set New Price Targets
Separately, Citigroup lowered their price target on HUYA from $5.90 to $5.00 and set a "buy" rating for the company in a report on Thursday, November 14th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $5.68.
Read Our Latest Research Report on HUYA
HUYA Stock Performance
Shares of HUYA stock traded up $0.06 during midday trading on Wednesday, hitting $4.30. 1,711,539 shares of the company were exchanged, compared to its average volume of 1,341,213. HUYA Inc. has a 52 week low of $2.82 and a 52 week high of $6.84. The firm has a market capitalization of $972.27 million, a P/E ratio of -47.72 and a beta of 0.72. The firm's 50 day moving average price is $3.57 and its two-hundred day moving average price is $3.68.
About HUYA
(
Free Report)
HUYA Inc, together with its subsidiaries, operates game live streaming platforms in the People's Republic of China. Its platforms enable broadcasters and viewers to interact during live streaming. The company's live streaming content also covers other entertainment content, such as talent shows, anime, outdoor activities, live chats, and other genres.
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