Connor Clark & Lunn Investment Management Ltd. Purchases 267,616 Shares of HUYA Inc. Sponsored ADR (NYSE:HUYA)

Connor Clark & Lunn Investment Management Ltd. increased its position in HUYA Inc. Sponsored ADR (NYSE:HUYA) by 35.3% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,025,897 shares of the company’s stock after purchasing an additional 267,616 shares during the period. Connor Clark & Lunn Investment Management Ltd.’s holdings in HUYA were worth $3,293,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of HUYA. Barclays PLC bought a new position in shares of HUYA in the 4th quarter worth $431,000. Jump Financial LLC purchased a new stake in HUYA in the 4th quarter valued at $129,000. Marshall Wace LLP raised its position in HUYA by 145.4% in the 4th quarter. Marshall Wace LLP now owns 153,092 shares of the company’s stock valued at $470,000 after buying an additional 90,714 shares during the last quarter. Monolith Management Ltd purchased a new stake in HUYA in the 4th quarter valued at $2,144,000. Finally, Two Sigma Securities LLC purchased a new stake in HUYA in the 4th quarter valued at $43,000. 23.20% of the stock is currently owned by institutional investors.

HUYA Stock Performance

NYSE HUYA opened at $3.46 on Thursday. The firm has a market capitalization of $779.30 million, a P/E ratio of -38.44 and a beta of 0.82. The business has a fifty day simple moving average of $3.39 and a 200 day simple moving average of $3.55. HUYA Inc. Sponsored ADR has a 12 month low of $2.21 and a 12 month high of $6.43.

HUYA (NYSE:HUYA) last released its quarterly earnings results on Tuesday, May 13th. The company reported $0.01 EPS for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.02. The business had revenue of $207.20 million during the quarter, compared to analyst estimates of $1.37 billion. HUYA had a positive return on equity of 1.27% and a negative net margin of 2.45%. HUYA’s quarterly revenue was up .3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.39 EPS. As a group, sell-side analysts predict that HUYA Inc. Sponsored ADR will post 0.16 EPS for the current fiscal year.

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.