Mirae Asset Global Investments Co. Ltd. Has $713,000 Stock Holdings in HUYA Inc. (NYSE:HUYA)

Mirae Asset Global Investments Co. Ltd. grew its position in HUYA Inc. (NYSE:HUYA) by 4.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 194,799 shares of the company’s stock after purchasing an additional 8,835 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned approximately 0.08% of HUYA worth $713,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of HUYA. Assenagon Asset Management S.A. bought a new position in shares of HUYA in the third quarter valued at approximately $1,796,000. Lansdowne Partners UK LLP bought a new position in shares of HUYA in the third quarter valued at approximately $1,560,000. Caxton Associates LP raised its position in shares of HUYA by 797.0% in the third quarter. Caxton Associates LP now owns 190,862 shares of the company’s stock valued at $542,000 after purchasing an additional 169,583 shares during the period. Aigen Investment Management LP bought a new position in shares of HUYA in the third quarter valued at approximately $293,000. Finally, Jacob Asset Management of New York LLC raised its position in shares of HUYA by 23.9% in the third quarter. Jacob Asset Management of New York LLC now owns 407,010 shares of the company’s stock valued at $1,156,000 after purchasing an additional 78,415 shares during the period. Institutional investors own 23.20% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Bank of America raised shares of HUYA from a “neutral” rating to a “buy” rating and set a $5.80 price target on the stock in a research report on Monday, March 25th.

HUYA Trading Up 4.1 %

Shares of HUYA stock opened at $4.61 on Thursday. HUYA Inc. has a 1 year low of $2.15 and a 1 year high of $5.30. The firm’s fifty day simple moving average is $4.21 and its 200 day simple moving average is $3.65. The firm has a market capitalization of $1.10 billion, a P/E ratio of -41.91 and a beta of 0.59.

HUYA (NYSE:HUYA) last announced its earnings results on Tuesday, March 19th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.02). The company had revenue of $215.47 million for the quarter, compared to the consensus estimate of $206.51 million. HUYA had a positive return on equity of 0.30% and a negative net margin of 2.80%. Equities research analysts anticipate that HUYA Inc. will post 0.11 EPS for the current fiscal year.

HUYA Dividend Announcement

The firm also recently declared a — dividend, which will be paid on Friday, May 24th. Shareholders of record on Friday, May 10th will be issued a $0.64 dividend. The ex-dividend date is Thursday, May 9th.

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.