HUYA Inc. (NYSE:HUYA) Holdings Trimmed by Polunin Capital Partners Ltd

Polunin Capital Partners Ltd cut its stake in HUYA Inc. (NYSE:HUYA) by 2.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,274,300 shares of the company’s stock after selling 33,500 shares during the period. HUYA comprises about 1.5% of Polunin Capital Partners Ltd’s investment portfolio, making the stock its 9th largest position. Polunin Capital Partners Ltd owned 0.55% of HUYA worth $6,499,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the stock. Bayesian Capital Management LP raised its holdings in shares of HUYA by 22.0% in the 1st quarter. Bayesian Capital Management LP now owns 19,374 shares of the company’s stock valued at $88,000 after purchasing an additional 3,500 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in shares of HUYA by 8.7% during the 1st quarter. BNP Paribas Financial Markets now owns 108,506 shares of the company’s stock worth $494,000 after purchasing an additional 8,680 shares during the last quarter. Smith Anglin Financial LLC bought a new position in HUYA in the third quarter worth about $73,000. Dimensional Fund Advisors LP grew its position in shares of HUYA by 2.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,066,613 shares of the company’s stock worth $4,209,000 after buying an additional 21,338 shares during the last quarter. Finally, Susquehanna Fundamental Investments LLC purchased a new stake in HUYA during the first quarter valued at approximately $222,000. 23.20% of the stock is owned by hedge funds and other institutional investors.

HUYA Stock Down 1.2 %

HUYA stock traded down $0.04 during trading on Friday, hitting $3.40. 1,709,774 shares of the company traded hands, compared to its average volume of 2,490,816. HUYA Inc. has a 1 year low of $2.92 and a 1 year high of $6.84. The stock’s 50-day simple moving average is $4.30 and its 200 day simple moving average is $4.48.

HUYA (NYSE:HUYA) last posted its earnings results on Tuesday, August 13th. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.35. HUYA had a negative net margin of 2.69% and a positive return on equity of 0.53%. The firm had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.55 billion. During the same period in the previous year, the firm earned $0.05 EPS. The business’s quarterly revenue was down 16.1% on a year-over-year basis. As a group, sell-side analysts expect that HUYA Inc. will post 0.15 EPS for the current year.

HUYA Increases Dividend

The business also recently announced a — dividend, which was paid on Friday, October 25th. Stockholders of record on Wednesday, October 9th were given a $1.06 dividend. This is a positive change from HUYA’s previous — dividend of $0.64. The ex-dividend date of this dividend was Wednesday, October 9th.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. HSBC reissued a “hold” rating and issued a $4.70 price objective on shares of HUYA in a research report on Friday, October 11th. Citigroup raised HUYA from a “sell” rating to a “buy” rating and lifted their price target for the stock from $2.40 to $6.00 in a research report on Wednesday, August 14th. Finally, Hsbc Global Res cut HUYA from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 11th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, HUYA has an average rating of “Moderate Buy” and an average price target of $6.38.

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.