Amiral Gestion Invests $307,000 in HUYA Inc. (NYSE:HUYA)

Amiral Gestion purchased a new position in HUYA Inc. (NYSE:HUYA - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 100,000 shares of the company's stock, valued at approximately $307,000. HUYA comprises 0.2% of Amiral Gestion's investment portfolio, making the stock its 29th largest position.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. E Fund Management Hong Kong Co. Ltd. bought a new position in HUYA during the 4th quarter valued at about $371,000. WCM Investment Management LLC lifted its holdings in HUYA by 4,396.5% during the 4th quarter. WCM Investment Management LLC now owns 2,854,171 shares of the company's stock valued at $8,505,000 after purchasing an additional 2,790,696 shares during the last quarter. Vontobel Holding Ltd. bought a new position in HUYA during the 4th quarter valued at about $140,000. E Fund Management Co. Ltd. bought a new position in HUYA during the 4th quarter valued at about $371,000. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its holdings in HUYA by 66.5% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 758,281 shares of the company's stock valued at $2,328,000 after purchasing an additional 302,988 shares during the last quarter. 23.20% of the stock is currently owned by institutional investors and hedge funds.

HUYA Stock Performance

Shares of HUYA stock traded down $0.07 during midday trading on Thursday, hitting $3.80. 492,345 shares of the company traded hands, compared to its average volume of 1,619,285. The firm's fifty day moving average price is $3.46 and its 200-day moving average price is $3.44. HUYA Inc. has a 12 month low of $2.82 and a 12 month high of $6.43. The stock has a market cap of $854.76 million, a price-to-earnings ratio of -42.17 and a beta of 0.81.

HUYA (NYSE:HUYA - Get Free Report) last issued its quarterly earnings results on Tuesday, May 13th. The company reported $0.01 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.01) by $0.02. The firm had revenue of $207.20 million for the quarter, compared to the consensus estimate of $1.37 billion. HUYA had a negative net margin of 2.51% and a positive return on equity of 0.30%. The company's revenue for the quarter was up .3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.39 EPS. Equities research analysts forecast that HUYA Inc. will post 0.16 earnings per share for the current year.

HUYA Dividend Announcement

The firm also recently declared an annual dividend, which will be paid on Monday, June 30th. Shareholders of record on Tuesday, June 17th will be paid a dividend of $1.47 per share. The ex-dividend date is Tuesday, June 17th. This represents a yield of 42.55%. HUYA's dividend payout ratio (DPR) is presently -2,042.86%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on HUYA shares. Daiwa Capital Markets downgraded shares of HUYA from an "outperform" rating to a "neutral" rating in a research note on Tuesday, March 18th. Daiwa America downgraded shares of HUYA from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, March 18th. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $4.57.

About HUYA

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.