Cubist Systematic Strategies LLC Decreases Holdings in HUYA Inc. (NYSE:HUYA)

Cubist Systematic Strategies LLC reduced its position in shares of HUYA Inc. (NYSE:HUYA - Free Report) by 81.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 29,511 shares of the company's stock after selling 132,723 shares during the period. Cubist Systematic Strategies LLC's holdings in HUYA were worth $91,000 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. Two Sigma Securities LLC purchased a new stake in shares of HUYA during the 4th quarter valued at approximately $43,000. Sei Investments Co. acquired a new position in shares of HUYA in the 4th quarter valued at $94,000. Jump Financial LLC acquired a new position in shares of HUYA in the 4th quarter valued at $129,000. Vontobel Holding Ltd. acquired a new position in shares of HUYA in the 4th quarter valued at $140,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in shares of HUYA by 27.1% in the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 63,550 shares of the company's stock valued at $195,000 after purchasing an additional 13,544 shares during the last quarter. 23.20% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

HUYA Trading Up 0.4%

HUYA stock traded up $0.02 during trading on Friday, hitting $3.66. The company had a trading volume of 712,519 shares, compared to its average volume of 1,630,468. The stock has a market cap of $823.22 million, a price-to-earnings ratio of -40.61 and a beta of 0.81. HUYA Inc. has a 1-year low of $2.82 and a 1-year high of $6.43. The company's 50 day simple moving average is $3.43 and its 200-day simple moving average is $3.43.

HUYA (NYSE:HUYA - Get Free Report) last posted its quarterly earnings data on Tuesday, May 13th. The company reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate 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 positive return on equity of 0.30% and a negative net margin of 2.51%. The company's quarterly revenue was up .3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.39 EPS. As a group, analysts forecast that HUYA Inc. will post 0.16 earnings per share for the current fiscal 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 given a $1.47 dividend. The ex-dividend date of this dividend is Tuesday, June 17th. This represents a yield of 42.55%. HUYA's dividend payout ratio is presently -2,042.86%.

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.