Blueshift Asset Management LLC Acquires Shares of 11,833 HUYA Inc – (HUYA)

Blueshift Asset Management LLC acquired a new position in shares of HUYA Inc – (NYSE:HUYA) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 11,833 shares of the company’s stock, valued at approximately $183,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of HUYA by 79.1% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,136,196 shares of the company’s stock valued at $50,372,000 after acquiring an additional 943,384 shares in the last quarter. Sylebra HK Co Ltd grew its holdings in shares of HUYA by 9.1% during the 3rd quarter. Sylebra HK Co Ltd now owns 869,751 shares of the company’s stock valued at $20,509,000 after acquiring an additional 72,545 shares in the last quarter. Rovida Advisors Inc. grew its holdings in shares of HUYA by 73.3% during the 3rd quarter. Rovida Advisors Inc. now owns 862,800 shares of the company’s stock valued at $20,293,000 after acquiring an additional 365,000 shares in the last quarter. BlackRock Inc. grew its holdings in shares of HUYA by 2.8% during the 3rd quarter. BlackRock Inc. now owns 472,130 shares of the company’s stock valued at $11,133,000 after acquiring an additional 12,786 shares in the last quarter. Finally, William Blair Investment Management LLC grew its holdings in shares of HUYA by 194.7% during the 3rd quarter. William Blair Investment Management LLC now owns 306,266 shares of the company’s stock valued at $7,222,000 after acquiring an additional 202,343 shares in the last quarter. Hedge funds and other institutional investors own 11.86% of the company’s stock.

HUYA stock opened at $24.47 on Friday. HUYA Inc – has a 1 year low of $14.44 and a 1 year high of $50.82. The firm has a market capitalization of $5.26 billion and a P/E ratio of 217.50.

Several equities analysts have recently commented on HUYA shares. Daiwa Capital Markets started coverage on shares of HUYA in a report on Monday, January 14th. They set a “neutral” rating on the stock. Goldman Sachs Group upgraded shares of HUYA from a “neutral” rating to a “buy” rating and lowered their price target for the company from $34.00 to $28.00 in a report on Thursday, December 6th. JPMorgan Chase & Co. started coverage on shares of HUYA in a report on Tuesday, November 27th. They set a “neutral” rating on the stock. Finally, Credit Suisse Group set a $29.00 price target on shares of HUYA and gave the company a “buy” rating in a report on Tuesday, March 5th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $31.40.

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HUYA Profile

HUYA Inc, through 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 also provides advertising and online game-related services. As of December 31, 2017, its live streaming content covered approximately 2,600 games, including mobile, PC, and console games.

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Institutional Ownership by Quarter for HUYA (NYSE:HUYA)

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