Caxton Associates LP Purchases 225,341 Shares of HUYA Inc. (NYSE:HUYA)

Caxton Associates LP raised its holdings in HUYA Inc. (NYSE:HUYA - Free Report) by 79.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 508,296 shares of the company's stock after acquiring an additional 225,341 shares during the period. Caxton Associates LP owned about 0.22% of HUYA worth $1,560,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Vontobel Holding Ltd. acquired a new stake in shares of HUYA during the fourth quarter valued at about $140,000. E Fund Management Hong Kong Co. Ltd. acquired a new position in HUYA in the 4th quarter valued at approximately $371,000. WCM Investment Management LLC increased its position in HUYA by 4,396.5% in the 4th quarter. WCM Investment Management LLC now owns 2,854,171 shares of the company's stock valued at $8,505,000 after acquiring an additional 2,790,696 shares during the period. Norges Bank bought a new position in shares of HUYA during the fourth quarter valued at $282,000. Finally, E Fund Management Co. Ltd. acquired a new position in shares of HUYA during the fourth quarter worth $371,000. Institutional investors and hedge funds own 23.20% of the company's stock.

HUYA Stock Down 1.4 %

Shares of NYSE:HUYA traded down $0.05 during midday trading on Friday, reaching $3.62. 451,534 shares of the company traded hands, compared to its average volume of 1,690,484. The firm's fifty day moving average price is $3.53 and its two-hundred day moving average price is $3.41. The firm has a market capitalization of $815.34 million, a price-to-earnings ratio of -40.22 and a beta of 0.81. HUYA Inc. has a 12 month low of $2.82 and a 12 month high of $6.84.

HUYA (NYSE:HUYA - Get Free Report) last released its quarterly earnings data on Tuesday, March 18th. The company reported $0.01 earnings per share for the quarter, missing analysts' consensus estimates of $0.04 by ($0.03). HUYA had a negative net margin of 2.51% and a positive return on equity of 0.30%. The company had revenue of $1.50 billion for the quarter, compared to analysts' expectations of $1.53 billion. During the same period last year, the company posted $0.48 EPS. The business's revenue for the quarter was down 2.2% compared to the same quarter last year. Analysts forecast that HUYA Inc. will post 0.16 earnings per share for the current year.

HUYA Dividend Announcement

The business also recently declared 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 of this dividend is Tuesday, June 17th. HUYA's payout ratio is presently -4,766.67%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on HUYA. Daiwa Capital Markets downgraded shares of HUYA from an "outperform" rating to a "neutral" rating in a research report on Tuesday, March 18th. Daiwa America cut shares of HUYA from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, March 18th. Six research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $5.68.

HUYA Profile

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.