HUYA Inc. (NYSE:HUYA) Shares Acquired by BNP Paribas Financial Markets

BNP Paribas Financial Markets increased its holdings in HUYA Inc. (NYSE:HUYA) by 44.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 295,933 shares of the company’s stock after buying an additional 91,387 shares during the quarter. BNP Paribas Financial Markets’ holdings in HUYA were worth $909,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in HUYA. E Fund Management Hong Kong Co. Ltd. acquired a new position in HUYA during the 4th quarter worth $371,000. WCM Investment Management LLC lifted its holdings in HUYA by 4,396.5% in the fourth quarter. WCM Investment Management LLC now owns 2,854,171 shares of the company’s stock worth $8,505,000 after purchasing an additional 2,790,696 shares during the period. Vontobel Holding Ltd. acquired a new stake in HUYA in the fourth quarter worth about $140,000. E Fund Management Co. Ltd. bought a new position in HUYA in the 4th quarter valued at about $371,000. Finally, Connor Clark & Lunn Investment Management Ltd. increased its stake 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 buying an additional 302,988 shares during the period. 23.20% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

HUYA has been the topic of a number of recent analyst reports. Daiwa America downgraded shares of HUYA from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 18th. Daiwa Capital Markets lowered shares of HUYA from an “outperform” rating to a “neutral” rating in a research note 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, HUYA presently has a consensus rating of “Hold” and a consensus target price of $4.57.

HUYA Stock Down 2.0%

NYSE:HUYA opened at $3.62 on Thursday. The business’s 50-day moving average price is $3.45 and its 200 day moving average price is $3.42. HUYA Inc. has a 52-week low of $2.82 and a 52-week high of $6.43. The firm has a market cap of $814.21 million, a P/E ratio of -40.17 and a beta of 0.81.

HUYA (NYSE:HUYA) last posted its quarterly earnings data on Tuesday, May 13th. The company reported $0.01 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.02. The company 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 business’s revenue for the quarter was up .3% on a year-over-year basis. During the same quarter last year, the firm posted $0.39 EPS. Sell-side analysts expect that HUYA Inc. will post 0.16 EPS for the current year.

HUYA Announces Dividend

The firm also recently announced an annual dividend, which will be paid on Monday, June 30th. Investors of record on Tuesday, June 17th will be issued a dividend of $1.47 per share. This represents a yield of 42.55%. The ex-dividend date of this dividend is Tuesday, June 17th. 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.