HUYA Inc. (NYSE:HUYA) Position Boosted by BNP Paribas Financial Markets

BNP Paribas Financial Markets boosted its position in HUYA Inc. (NYSE:HUYA - Free Report) by 44.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 295,933 shares of the company's stock after buying an additional 91,387 shares during the quarter. BNP Paribas Financial Markets owned approximately 0.13% of HUYA worth $909,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of HUYA. 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 worth $8,505,000 after buying an additional 2,790,696 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its stake in HUYA by 66.5% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 758,281 shares of the company's stock worth $2,328,000 after purchasing an additional 302,988 shares during the last quarter. Monolith Management Ltd bought a new position in HUYA during the fourth quarter worth $2,144,000. Northern Trust Corp boosted its holdings in HUYA by 53.7% in the fourth quarter. Northern Trust Corp now owns 164,759 shares of the company's stock worth $506,000 after purchasing an additional 57,553 shares during the period. Finally, Marshall Wace LLP boosted its holdings in HUYA by 145.4% in the fourth quarter. Marshall Wace LLP now owns 153,092 shares of the company's stock worth $470,000 after purchasing an additional 90,714 shares during the period. 23.20% of the stock is owned by institutional investors.

HUYA Price Performance

NYSE:HUYA opened at $3.62 on Thursday. The firm has a market capitalization of $814.21 million, a P/E ratio of -40.17 and a beta of 0.81. The business has a 50 day simple moving average of $3.45 and a 200 day simple moving average of $3.42. HUYA Inc. has a 12-month low of $2.82 and a 12-month high of $6.43.

HUYA (NYSE:HUYA - Get Free Report) last posted its earnings results on Tuesday, May 13th. The company reported $0.01 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.01) by $0.02. The company had revenue of $207.20 million for the quarter, compared to analysts' expectations of $1.37 billion. HUYA had a positive return on equity of 0.30% and a negative net margin of 2.51%. The firm's quarterly revenue was up .3% compared to the same quarter last year. During the same period last year, the business posted $0.39 earnings per share. Research analysts anticipate that HUYA Inc. will post 0.16 EPS for the current fiscal year.

HUYA Dividend Announcement

The company also recently disclosed an annual dividend, which will be paid on Monday, June 30th. Investors 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 dividend payout ratio is presently -2,042.86%.

Analysts Set New Price Targets

A number of analysts have weighed in on HUYA shares. Daiwa Capital Markets cut shares of HUYA from an "outperform" rating to a "neutral" rating in a 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 equities research 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, the company currently has a consensus rating of "Hold" and a consensus target price of $4.57.

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.

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