1 week Ago By Defense World Staff
Norges Bank bought a new position in HUYA Inc. (NYSE:HUYA – Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 91,854 shares of the company’s stock, valued at approximately $282,000.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Smith Anglin Financial LLC grew its position in HUYA by 27.9% in the fourth quarter.
Smith Anglin Financial LLC now owns 18,367 shares of the company’s stock worth $56,000 after buying an additional 4,002 shares during the last quarter. Wellington Management Group LLP boosted its stake in shares of HUYA by 11.9% during the 3rd quarter.
Wellington Management Group LLP now owns 103,852 shares of the company’s stock worth $530,000 after acquiring an additional 11,054 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in shares of HUYA by 27.1% in the 4th quarter.
Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 63,550 shares of the company’s stock worth $195,000 after acquiring an additional 13,544 shares during the last quarter. XTX Topco Ltd acquired a new stake in shares of HUYA during the third quarter worth $90,000. Finally, Sei Investments Co.
purchased a new stake in shares of HUYA during the fourth quarter valued at $94,000. 23.20% of the stock is owned by institutional investors and hedge funds.
HUYA Trading Up 2.3 %Shares of HUYA stock opened at $3.14 on Friday.
The stock’s fifty day simple moving average is $3.63 and its 200-day simple moving average is $3.56.
The company has a market capitalization of $711.03 million, a price-to-earnings ratio of -34.90 and a beta of 0.
73. HUYA Inc. has a 1-year low of $2.
82 and a 1-year high of $6.84. HUYA (NYSE:HUYA – Get Free Report) last released its earnings results on Tuesday, March 18th.
The company reported $0.01 earnings per share 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 analysts’ expectations of $1.
53 billion. HUYA had a negative net margin of 2.51% and a positive return on equity of 0.
30%. The company’s revenue was down 2.2% compared to the same quarter last year.
During the same period last year, the firm earned $0.48 EPS. On average, sell-side analysts predict that HUYA Inc.
will post 0.16 EPS for the current year. HUYA Announces DividendThe business also recently announced an annual dividend, which will be paid on Monday, June 30th.
Shareholders of record on Tuesday, June 17th will be given a $1.47 dividend. The ex-dividend date is Tuesday, June 17th.
This represents a yield of 42.55%. HUYA’s payout ratio is -4,766.
67%. Wall Street Analyst Weigh InA number of equities analysts recently weighed in on HUYA shares. Daiwa America cut HUYA from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 18th.
Daiwa Capital Markets downgraded shares of HUYA from an “outperform” rating to a “neutral” rating in a research report on Tuesday, March 18th. Six analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.
com, the company currently has a consensus rating of “Hold” and an average target price of $5.68.Get Our Latest Report on HUYAHUYA Company Profile (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.Featured StoriesFive stocks we like better than HUYAComparing and Trading High PE Ratio StocksRobinhood Strategies Could Be a Game-Changer for Young InvestorsShould You Add These Warren Buffett Stocks to Your Portfolio?Are These 3 Retail Stocks Oversold or Really in Trouble?What to Know About Investing in Penny StocksIONQ & RGTI Join DARPA Quantum Initiative: High Stakes Are AheadWant to see what other hedge funds are holding HUYA? Visit HoldingsChannel.
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