Vontobel Holding Ltd. Invests $140,000 in HUYA Inc. (NYSE:HUYA)

Vontobel Holding Ltd. purchased a new stake in HUYA Inc. (NYSE:HUYA) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 45,672 shares of the company’s stock, valued at approximately $140,000.

Other large investors have also added to or reduced their stakes in the company. Seldon Capital LP bought a new stake in HUYA in the 3rd quarter valued at $51,000. Smith Anglin Financial LLC raised its stake in HUYA by 27.9% in the 4th quarter. Smith Anglin Financial LLC now owns 18,367 shares of the company’s stock valued at $56,000 after acquiring an additional 4,002 shares during the period. Central Asset Investments & Management Holdings HK Ltd bought a new stake in HUYA in the 3rd quarter valued at $61,000. XTX Topco Ltd bought a new stake in HUYA in the 3rd quarter valued at $90,000. Finally, Quantbot Technologies LP raised its stake in HUYA by 18.9% in the 3rd quarter. Quantbot Technologies LP now owns 23,224 shares of the company’s stock valued at $118,000 after acquiring an additional 3,685 shares during the period. Institutional investors own 23.20% of the company’s stock.

HUYA Price Performance

Shares of NYSE HUYA opened at $3.95 on Friday. The stock’s fifty day moving average price is $3.37 and its two-hundred day moving average price is $3.73. HUYA Inc. has a one year low of $2.82 and a one year high of $6.84. The firm has a market cap of $893.03 million, a price-to-earnings ratio of -43.83 and a beta of 0.63.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Bank of America cut HUYA from a “buy” rating to a “neutral” rating and dropped their price target for the company from $5.80 to $4.00 in a research note on Wednesday, November 6th. Citigroup dropped their price target on HUYA from $5.90 to $5.00 and set a “buy” rating on the stock in a research note on Thursday, November 14th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $5.68.

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.