Barclays PLC Acquires New Holdings in HUYA Inc. (NYSE:HUYA)

Barclays PLC bought a new position in shares of HUYA Inc. (NYSE:HUYA) in the fourth quarter, Holdings Channel reports. The firm bought 140,531 shares of the company’s stock, valued at approximately $431,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Smith Anglin Financial LLC boosted 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 buying an additional 4,002 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in 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 acquiring an additional 13,544 shares during the period. Sei Investments Co. acquired a new stake in shares of HUYA in the fourth quarter valued at about $94,000. Vontobel Holding Ltd. acquired a new stake in shares of HUYA in the fourth quarter valued at about $140,000. Finally, Norges Bank bought a new position in shares of HUYA in the fourth quarter worth about $282,000. Institutional investors and hedge funds own 23.20% of the company’s stock.

HUYA Trading Down 1.4 %

Shares of NYSE:HUYA opened at $3.62 on Friday. The firm has a market capitalization of $815.34 million, a PE ratio of -40.22 and a beta of 0.81. HUYA Inc. has a 1-year low of $2.82 and a 1-year high of $6.84. The business’s 50 day moving average is $3.53 and its 200-day moving average is $3.41.

HUYA (NYSE:HUYA) last posted its quarterly earnings results on Tuesday, March 18th. The company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03). HUYA had a positive return on equity of 0.30% and a negative net margin of 2.51%. The business had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.53 billion. During the same quarter in the prior year, the firm earned $0.48 EPS. The firm’s quarterly revenue was down 2.2% on a year-over-year basis. On average, sell-side analysts predict that HUYA Inc. will post 0.16 EPS for the current year.

HUYA Announces Dividend

The business also recently declared an annual dividend, which will be paid on Monday, June 30th. Investors of record on Tuesday, June 17th will be paid a $1.47 dividend. This represents a yield of 42.55%. The ex-dividend date is Tuesday, June 17th. HUYA’s dividend payout ratio is -4,766.67%.

Wall Street Analyst Weigh In

A number of analysts have issued reports on HUYA shares. Daiwa Capital Markets lowered HUYA from an “outperform” rating to a “neutral” rating in a report on Tuesday, March 18th. Daiwa America downgraded shares of HUYA from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 18th. Six equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, HUYA currently 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.