Barclays PLC Increases Stake in Tuya Inc. (NYSE:TUYA)

Barclays PLC lifted its position in shares of Tuya Inc. (NYSE:TUYA - Free Report) by 60.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 434,814 shares of the company's stock after acquiring an additional 163,971 shares during the period. Barclays PLC owned approximately 0.08% of Tuya worth $778,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. Catalina Capital Group LLC bought a new stake in shares of Tuya in the fourth quarter worth $29,000. Virtu Financial LLC bought a new stake in shares of Tuya in the 4th quarter valued at about $40,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in shares of Tuya by 157.9% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 29,200 shares of the company's stock valued at $52,000 after buying an additional 17,877 shares during the period. Sei Investments Co. raised its position in shares of Tuya by 37.5% during the fourth quarter. Sei Investments Co. now owns 58,726 shares of the company's stock worth $105,000 after acquiring an additional 16,010 shares during the last quarter. Finally, EntryPoint Capital LLC acquired a new position in shares of Tuya in the fourth quarter worth approximately $139,000. Institutional investors and hedge funds own 11.47% of the company's stock.

Tuya Trading Down 3.7 %

NYSE:TUYA traded down $0.09 on Friday, reaching $2.32. 889,147 shares of the stock traded hands, compared to its average volume of 1,707,582. The firm has a market capitalization of $1.25 billion, a price-to-earnings ratio of -77.33 and a beta of 0.46. Tuya Inc. has a 1-year low of $1.28 and a 1-year high of $4.63. The company's 50 day moving average is $2.77 and its 200-day moving average is $2.34.

Tuya (NYSE:TUYA - Get Free Report) last issued its earnings results on Wednesday, February 26th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.03 by ($0.01). The firm had revenue of $82.06 million during the quarter, compared to analyst estimates of $81.40 million. Tuya had a negative net margin of 5.55% and a negative return on equity of 0.58%.

Tuya Dividend Announcement

The firm also recently announced a -- dividend, which was paid on Tuesday, April 15th. Shareholders of record on Thursday, March 13th were issued a dividend of $0.0608 per share. The ex-dividend date of this dividend was Thursday, March 13th. This represents a yield of 6.1%. Tuya's payout ratio is 400.00%.

Tuya Profile

Tuya Inc offers purpose-built Internet of Things (IoT) cloud development platform in the People's Republic of China and internationally. The company provides platform-as-a-service that enables business, original equipment manufacturers, brands, and developers to develop, launch, manage, and monetize software-enabled smart devices and services; and industry software-as-a-service, which enables businesses to deploy, connect, and manage various types of smart devices.