HUYA Inc. (NYSE:HUYA) Stock Holdings Lessened by JPMorgan Chase & Co.

JPMorgan Chase & Co. cut its stake in shares of HUYA Inc. (NYSE:HUYA - Free Report) by 48.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 226,778 shares of the company's stock after selling 216,882 shares during the period. JPMorgan Chase & Co. owned 0.10% of HUYA worth $696,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Smith Anglin Financial LLC boosted its position in HUYA by 27.9% during the 4th quarter. Smith Anglin Financial LLC now owns 18,367 shares of the company's stock worth $56,000 after purchasing an additional 4,002 shares during the period. Sei Investments Co. purchased a new stake in shares of HUYA during the 4th quarter valued at about $94,000. Vontobel Holding Ltd. purchased a new position in HUYA in the 4th quarter worth approximately $140,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in shares of HUYA by 27.1% during the fourth 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 period. Finally, E Fund Management Hong Kong Co. Ltd. acquired a new position in shares of HUYA during the fourth quarter worth $371,000. 23.20% of the stock is currently owned by institutional investors and hedge funds.

HUYA Stock Performance

Shares of HUYA traded down $0.02 during midday trading on Monday, hitting $3.80. 103,769 shares of the stock traded hands, compared to its average volume of 1,691,422. The business's 50 day moving average price is $3.54 and its two-hundred day moving average price is $3.41. The firm has a market capitalization of $854.76 million, a PE ratio of -41.77 and a beta of 0.81. HUYA Inc. has a 1-year low of $2.82 and a 1-year high of $6.84.

HUYA (NYSE:HUYA - Get Free Report) last issued its quarterly earnings data on Tuesday, March 18th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate 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 firm had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.53 billion. During the same quarter in the prior year, the business earned $0.48 earnings per share. The company's revenue for the quarter was down 2.2% compared to the same quarter last year. As a group, equities research analysts forecast that HUYA Inc. will post 0.16 EPS for the current fiscal year.

HUYA Announces Dividend

The company also recently disclosed an annual dividend, which will be paid on Monday, June 30th. Stockholders of record on Tuesday, June 17th will be issued a $1.47 dividend. The ex-dividend date of this dividend is Tuesday, June 17th. This represents a dividend yield of 42.55%. HUYA's dividend payout ratio (DPR) is -4,766.67%.

Wall Street Analyst Weigh In

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

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.