Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of HUYA Inc. (NYSE:HUYA - Free Report) by 66.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 758,281 shares of the company's stock after buying an additional 302,988 shares during the quarter. Connor Clark & Lunn Investment Management Ltd. owned about 0.33% of HUYA worth $2,328,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of HUYA. Quantbot Technologies LP increased its position in shares of HUYA by 18.9% during the third quarter. Quantbot Technologies LP now owns 23,224 shares of the company's stock valued at $118,000 after purchasing an additional 3,685 shares during the period. Smith Anglin Financial LLC increased its position in shares of HUYA by 27.9% during the fourth quarter. Smith Anglin Financial LLC now owns 18,367 shares of the company's stock valued at $56,000 after purchasing an additional 4,002 shares during the period. Seldon Capital LP bought a new stake in shares of HUYA during the third quarter valued at approximately $51,000. Athos Capital Ltd increased its position in shares of HUYA by 9.5% during the third quarter. Athos Capital Ltd now owns 127,346 shares of the company's stock valued at $649,000 after purchasing an additional 11,000 shares during the period. Finally, Wellington Management Group LLP increased its position in shares of HUYA by 11.9% during the third quarter. Wellington Management Group LLP now owns 103,852 shares of the company's stock valued at $530,000 after purchasing an additional 11,054 shares during the period. 23.20% of the stock is currently owned by institutional investors and hedge funds.
HUYA Stock Up 0.0 %
NYSE:HUYA traded up $0.00 during trading hours on Friday, reaching $3.21. The company had a trading volume of 5,263,730 shares, compared to its average volume of 1,529,479. The stock has a 50-day moving average of $3.72 and a two-hundred day moving average of $3.67. HUYA Inc. has a one year low of $2.82 and a one year high of $6.84. The firm has a market capitalization of $726.88 million, a PE ratio of -35.68 and a beta of 0.72.
HUYA (NYSE:HUYA - Get Free Report) last announced its earnings results on Tuesday, March 18th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.03). The business had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.53 billion. HUYA had a positive return on equity of 0.30% and a negative net margin of 2.51%. HUYA's revenue for the quarter was down 2.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.48 EPS. As a group, sell-side analysts expect that HUYA Inc. will post 0.16 earnings per share for the current year.
HUYA Dividend Announcement
The firm also recently announced an annual dividend, which will be paid on Monday, June 30th. Stockholders of record on Tuesday, June 17th will be issued a dividend of $1.47 per share. This represents a dividend yield of 42.55%. The ex-dividend date is Tuesday, June 17th. HUYA's payout ratio is presently -4,900.00%.
Wall Street Analysts Forecast Growth
A number of research firms have recently issued reports on HUYA. Daiwa Capital Markets cut HUYA from an "outperform" rating to a "neutral" rating in a research report on Tuesday. Daiwa America cut HUYA from a "strong-buy" rating to a "hold" rating in a research report on Tuesday. Six research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $5.68.
Read Our Latest Analysis on HUYA
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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