California Public Employees Retirement System Has $215,000 Holdings in HUYA Inc. (NYSE:HUYA)

California Public Employees Retirement System decreased its position in shares of HUYA Inc. (NYSE:HUYA) by 15.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 58,621 shares of the company’s stock after selling 10,352 shares during the quarter. California Public Employees Retirement System’s holdings in HUYA were worth $215,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Jacob Asset Management of New York LLC boosted its position in shares of HUYA by 23.9% during the third quarter. Jacob Asset Management of New York LLC now owns 407,010 shares of the company’s stock worth $1,156,000 after purchasing an additional 78,415 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in HUYA by 5.8% during the third quarter. Principal Financial Group Inc. now owns 102,011 shares of the company’s stock worth $290,000 after acquiring an additional 5,595 shares in the last quarter. Assenagon Asset Management S.A. acquired a new position in HUYA in the third quarter valued at about $1,796,000. Quantbot Technologies LP increased its holdings in shares of HUYA by 70.5% in the third quarter. Quantbot Technologies LP now owns 33,768 shares of the company’s stock worth $96,000 after acquiring an additional 13,968 shares in the last quarter. Finally, Sequoia Financial Advisors LLC acquired a new stake in shares of HUYA during the third quarter worth about $30,000. Institutional investors and hedge funds own 23.20% of the company’s stock.

HUYA Price Performance

HUYA stock opened at $4.77 on Monday. The company has a market cap of $1.13 billion, a price-to-earnings ratio of -43.36 and a beta of 0.61. The firm has a 50-day moving average of $4.42 and a 200-day moving average of $3.73. HUYA Inc. has a one year low of $2.15 and a one year high of $5.30.

HUYA (NYSE:HUYA) last issued its quarterly earnings results on Tuesday, March 19th. The company reported ($0.11) EPS for the quarter, missing the consensus estimate of ($0.09) by ($0.02). The company had revenue of $215.47 million for the quarter, compared to analyst estimates of $206.51 million. HUYA had a negative net margin of 2.80% and a positive return on equity of 0.30%. As a group, sell-side analysts expect that HUYA Inc. will post 0.11 earnings per share for the current year.

HUYA Dividend Announcement

The company also recently announced a — dividend, which will be paid on Friday, May 24th. Investors of record on Friday, May 10th will be paid a $0.64 dividend. The ex-dividend date is Thursday, May 9th.

Analysts Set New Price Targets

Separately, Bank of America upgraded shares of HUYA from a “neutral” rating to a “buy” rating and set a $5.80 price objective on the stock in a report on Monday, March 25th.

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.