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

Amiral Gestion purchased a new stake in shares of HUYA Inc. (NYSE:HUYA - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 100,000 shares of the company's stock, valued at approximately $307,000. HUYA makes up 0.2% of Amiral Gestion's portfolio, making the stock its 29th biggest position.

Other institutional investors have also recently made changes to their positions in the company. Vontobel Holding Ltd. purchased a new position in HUYA during the fourth quarter worth approximately $140,000. E Fund Management Hong Kong Co. Ltd. acquired a new position in shares of HUYA during the 4th quarter worth approximately $371,000. WCM Investment Management LLC lifted its position in shares of 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 buying an additional 2,790,696 shares in the last quarter. Norges Bank purchased a new position in shares of HUYA during the 4th quarter valued at approximately $282,000. Finally, E Fund Management Co. Ltd. acquired a new stake in HUYA in the 4th quarter valued at $371,000. 23.20% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

HUYA has been the subject of a number of research analyst reports. Daiwa Capital Markets cut shares of HUYA from an "outperform" rating to a "neutral" rating in a research report on Tuesday, March 18th. Daiwa America downgraded shares of HUYA from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, March 18th. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $4.57.

HUYA Stock Performance

Shares of NYSE:HUYA traded up $0.01 during trading on Tuesday, reaching $3.66. The stock had a trading volume of 583,294 shares, compared to its average volume of 1,626,342. The business has a fifty day moving average price of $3.44 and a 200-day moving average price of $3.43. HUYA Inc. has a 1-year low of $2.82 and a 1-year high of $6.43. The stock has a market cap of $824.35 million, a PE ratio of -40.67 and a beta of 0.81.

HUYA (NYSE:HUYA - Get Free Report) last released its 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 business had revenue of $207.20 million during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.39 earnings per share. 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 disclosed an annual dividend, which will be paid on Monday, June 30th. Shareholders of record on Tuesday, June 17th will be issued a $1.47 dividend. The ex-dividend date is Tuesday, June 17th. This represents a yield of 42.55%. HUYA's payout ratio is -2,042.86%.

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.