Headlands Technologies LLC Buys 6,750 Shares of DouYu International Holdings Limited (NASDAQ:DOYU)

Headlands Technologies LLC increased its stake in shares of DouYu International Holdings Limited (NASDAQ:DOYU) by 3,409.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,948 shares of the company’s stock after buying an additional 6,750 shares during the quarter. Headlands Technologies LLC’s holdings in DouYu International were worth $78,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of DOYU. Point72 Asia Singapore Pte. Ltd. acquired a new position in DouYu International during the third quarter worth $42,000. Advisors Preferred LLC bought a new stake in shares of DouYu International in the 4th quarter worth about $51,000. BNP Paribas Financial Markets increased its position in shares of DouYu International by 61.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 12,616 shares of the company’s stock worth $137,000 after purchasing an additional 4,800 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in DouYu International by 88.8% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,402 shares of the company’s stock valued at $145,000 after purchasing an additional 6,302 shares during the last quarter. Finally, XTX Topco Ltd acquired a new position in DouYu International in the third quarter valued at about $147,000. Institutional investors and hedge funds own 17.86% of the company’s stock.

DouYu International Trading Down 11.4 %

Shares of NASDAQ DOYU opened at $6.22 on Monday. DouYu International Holdings Limited has a 1-year low of $6.09 and a 1-year high of $20.17. The company has a 50-day moving average of $10.75 and a two-hundred day moving average of $10.90. The company has a market cap of $196.78 million, a PE ratio of -7.07 and a beta of 0.90.

DouYu International (NASDAQ:DOYU) last posted its quarterly earnings data on Friday, March 14th. The company reported ($0.31) earnings per share (EPS) for the quarter, topping the consensus estimate of ($2.18) by $1.87. The firm had revenue of $155.65 million for the quarter, compared to the consensus estimate of $1.05 billion. DouYu International had a negative return on equity of 2.92% and a negative net margin of 4.39%.

DouYu International Increases Dividend

The company also recently disclosed a — dividend, which was paid on Thursday, February 20th. Investors of record on Monday, February 10th were given a $9.94 dividend. This is a positive change from DouYu International’s previous — dividend of $9.71. The ex-dividend date of this dividend was Friday, February 21st.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on DOYU shares. Citigroup raised shares of DouYu International from a “sell” rating to a “neutral” rating and raised their price objective for the stock from $5.90 to $10.50 in a report on Tuesday, March 18th. HSBC raised DouYu International from a “reduce” rating to a “hold” rating in a report on Monday, March 17th. Finally, Hsbc Global Res raised DouYu International from a “moderate sell” rating to a “hold” rating in a research note on Monday, March 17th.

DouYu International Company Profile

DouYu International Holdings Limited, together with its subsidiaries, operates a platform on PC and mobile apps that provides interactive games and entertainment live streaming services in the People’s Republic of China. Its platform connects game developers and publishers, professional eSports teams or players and eSports tournament organizers, advertisers, and viewers.