17,732 Shares in HUYA Inc. (NYSE:HUYA) Bought by XTX Topco Ltd

XTX Topco Ltd purchased a new stake in HUYA Inc. (NYSE:HUYA) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 17,732 shares of the company’s stock, valued at approximately $90,000.

Several other institutional investors and hedge funds also recently made changes to their positions in HUYA. Seldon Capital LP bought a new position in HUYA during the 3rd quarter worth approximately $51,000. Central Asset Investments & Management Holdings HK Ltd bought a new position in HUYA during the third quarter worth $61,000. Smith Anglin Financial LLC acquired a new position in HUYA in the third quarter valued at $73,000. Quantbot Technologies LP lifted its holdings in HUYA by 18.9% in the third quarter. Quantbot Technologies LP now owns 23,224 shares of the company’s stock valued at $118,000 after buying an additional 3,685 shares during the period. Finally, Headlands Technologies LLC bought a new stake in HUYA during the second quarter valued at $205,000. Institutional investors and hedge funds own 23.20% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Citigroup lowered their price objective on HUYA from $5.90 to $5.00 and set a “buy” rating for the company in a research report on Thursday, November 14th. HSBC reissued a “hold” rating and issued a $4.70 price target on shares of HUYA in a research note on Friday, October 11th. Bank of America downgraded shares of HUYA from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $5.80 to $4.00 in a research report on Wednesday, November 6th. Finally, Hsbc Global Res downgraded shares of HUYA from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 11th. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $5.68.

HUYA Stock Up 0.3 %

Shares of NYSE:HUYA opened at $3.01 on Friday. HUYA Inc. has a twelve month low of $2.89 and a twelve month high of $6.84. The stock’s 50 day moving average is $3.29 and its 200-day moving average is $4.00. The firm has a market capitalization of $701.58 million, a price-to-earnings ratio of -33.44 and a beta of 0.60.

HUYA (NYSE:HUYA) last released its quarterly earnings data on Tuesday, November 12th. The company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.30. The firm had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.53 billion. HUYA had a negative net margin of 2.51% and a positive return on equity of 0.30%. The business’s revenue was down 7.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.05 earnings per share. Equities research analysts anticipate that HUYA Inc. will post 0.16 earnings per share for the current fiscal year.

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.