HUYA Inc. (NYSE:HUYA) Shares Sold by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund lessened its position in shares of HUYA Inc. (NYSE:HUYA) by 79.8% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 112,500 shares of the company’s stock after selling 444,500 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in HUYA were worth $512,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC grew its holdings in HUYA by 306.2% during the 4th quarter. Tower Research Capital LLC TRC now owns 9,009 shares of the company’s stock worth $33,000 after acquiring an additional 6,791 shares in the last quarter. Susquehanna Fundamental Investments LLC acquired a new position in HUYA during the 1st quarter worth approximately $222,000. SG Americas Securities LLC grew its holdings in HUYA by 109.4% during the 4th quarter. SG Americas Securities LLC now owns 92,812 shares of the company’s stock worth $340,000 after acquiring an additional 48,488 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in HUYA by 21.1% during the 4th quarter. BNP Paribas Financial Markets now owns 99,826 shares of the company’s stock worth $365,000 after acquiring an additional 17,426 shares in the last quarter. Finally, Athos Capital Ltd acquired a new position in HUYA during the 4th quarter worth approximately $407,000. Institutional investors and hedge funds own 23.20% of the company’s stock.

HUYA Price Performance

NYSE HUYA opened at $4.26 on Friday. The firm’s fifty day moving average price is $4.58 and its 200 day moving average price is $4.22. The company has a market capitalization of $991.76 million, a price-to-earnings ratio of -42.55 and a beta of 0.56. HUYA Inc. has a 12 month low of $2.15 and a 12 month high of $6.84.

HUYA (NYSE:HUYA) last posted its earnings results on Monday, May 13th. The company reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. HUYA had a negative net margin of 2.67% and a positive return on equity of 0.59%. The firm had revenue of $208.31 million for the quarter. As a group, sell-side analysts forecast that HUYA Inc. will post 0.19 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts recently commented on HUYA shares. JPMorgan Chase & Co. raised shares of HUYA from a “neutral” rating to an “overweight” rating and increased their target price for the company from $3.00 to $9.00 in a research report on Monday, May 20th. Morgan Stanley raised shares of HUYA from an “underweight” rating to an “equal weight” rating in a research report on Wednesday, May 15th.

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.