Vontobel Holding Ltd. Acquires Shares of 45,672 HUYA Inc. (NYSE:HUYA)

Vontobel Holding Ltd. bought a new position in shares of HUYA Inc. (NYSE:HUYA) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 45,672 shares of the company’s stock, valued at approximately $140,000.

Other large investors also recently modified their holdings of the company. Seldon Capital LP acquired a new stake in shares of HUYA during the 3rd quarter worth $51,000. Central Asset Investments & Management Holdings HK Ltd acquired a new stake in shares of HUYA during the 3rd quarter worth $61,000. XTX Topco Ltd acquired a new stake in shares of HUYA during the 3rd quarter worth $90,000. Smith Anglin Financial LLC grew its holdings in shares of 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 in the last quarter. Finally, Quantbot Technologies LP grew its holdings in shares of HUYA by 18.9% during the 3rd quarter. Quantbot Technologies LP now owns 23,224 shares of the company’s stock worth $118,000 after purchasing an additional 3,685 shares in the last quarter. 23.20% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Bank of America lowered HUYA from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $5.80 to $4.00 in a report on Wednesday, November 6th. Citigroup reduced their target price on HUYA from $5.90 to $5.00 and set a “buy” rating on the stock in a report on Thursday, November 14th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, HUYA currently has a consensus rating of “Hold” and a consensus target price of $5.68.

HUYA Stock Up 2.2 %

NYSE:HUYA opened at $3.95 on Friday. The stock’s 50-day simple moving average is $3.37 and its 200 day simple moving average is $3.73. The firm has a market capitalization of $893.03 million, a PE ratio of -43.83 and a beta of 0.63. HUYA Inc. has a twelve month low of $2.82 and a twelve month high of $6.84.

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.