HUYA Inc. (NYSE:HUYA) Shares Bought by Smith Anglin Financial LLC

Smith Anglin Financial LLC lifted its position in HUYA Inc. (NYSE:HUYA) by 27.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 18,367 shares of the company’s stock after buying an additional 4,002 shares during the period. Smith Anglin Financial LLC’s holdings in HUYA were worth $56,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Seldon Capital LP acquired a new position in HUYA during the third quarter worth about $51,000. Central Asset Investments & Management Holdings HK Ltd acquired a new position in shares of HUYA in the 3rd quarter worth approximately $61,000. XTX Topco Ltd bought a new stake in shares of HUYA in the 3rd quarter worth approximately $90,000. Quantbot Technologies LP lifted its stake in HUYA by 18.9% during the third quarter. Quantbot Technologies LP now owns 23,224 shares of the company’s stock valued at $118,000 after purchasing an additional 3,685 shares during the last quarter. Finally, Commonwealth Equity Services LLC bought a new stake in HUYA during the second quarter worth approximately $291,000. Institutional investors and hedge funds own 23.20% of the company’s stock.

HUYA Trading Up 2.0 %

Shares of HUYA stock opened at $3.03 on Thursday. HUYA Inc. has a 1-year low of $2.82 and a 1-year high of $6.84. The company has a market capitalization of $685.91 million, a price-to-earnings ratio of -33.67 and a beta of 0.62. The stock’s fifty day simple moving average is $3.10 and its 200-day simple moving average is $3.86.

HUYA (NYSE:HUYA) last issued its quarterly earnings results on Tuesday, November 12th. The company reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.30. HUYA had a positive return on equity of 0.30% and a negative net margin of 2.51%. The business had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.53 billion. During the same quarter in the previous year, the company posted $0.05 earnings per share. HUYA’s revenue for the quarter was down 7.6% compared to the same quarter last year. On average, sell-side analysts predict that HUYA Inc. will post 0.16 EPS for the current year.

Wall Street Analyst Weigh In

HUYA has been the subject of several research reports. HSBC reissued a “hold” rating and set a $4.70 price objective on shares of HUYA in a research note on Friday, October 11th. Hsbc Global Res cut HUYA from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 11th. Bank of America lowered shares of HUYA from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $5.80 to $4.00 in a research note on Wednesday, November 6th. Finally, Citigroup dropped their target price on shares of HUYA from $5.90 to $5.00 and set a “buy” rating on the stock in a research report on Thursday, November 14th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target 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.