Legal & General Group Plc bought a new stake in shares of HUYA Inc – (NYSE:HUYA) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,487 shares of the company’s stock, valued at approximately $35,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wells Fargo & Company MN lifted its stake in shares of HUYA by 162.7% during the 3rd quarter. Wells Fargo & Company MN now owns 4,521 shares of the company’s stock valued at $107,000 after buying an additional 2,800 shares in the last quarter. Bank of Montreal Can lifted its stake in shares of HUYA by 3,741.5% during the 3rd quarter. Bank of Montreal Can now owns 6,300 shares of the company’s stock valued at $149,000 after buying an additional 6,136 shares in the last quarter. Nomura Asset Management Co. Ltd. lifted its stake in shares of HUYA by 56.5% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 9,700 shares of the company’s stock valued at $228,000 after buying an additional 3,500 shares in the last quarter. Perpetual Ltd lifted its stake in shares of HUYA by 46.3% during the 3rd quarter. Perpetual Ltd now owns 18,000 shares of the company’s stock valued at $424,000 after buying an additional 5,700 shares in the last quarter. Finally, Quantbot Technologies LP purchased a new stake in HUYA in the 3rd quarter worth $645,000. Institutional investors own 6.57% of the company’s stock.

Several analysts have commented on HUYA shares. JPMorgan Chase & Co. started coverage on shares of HUYA in a research note on Tuesday, November 27th. They issued a “neutral” rating on the stock. Credit Suisse Group upgraded shares of HUYA from a “neutral” rating to an “outperform” rating and set a $25.80 price target on the stock in a research note on Tuesday, November 13th. Daiwa Capital Markets started coverage on shares of HUYA in a research note on Monday, January 14th. They issued a “neutral” rating on the stock. Goldman Sachs Group upgraded shares of HUYA from a “neutral” rating to a “buy” rating and decreased their price target for the stock from $34.00 to $28.00 in a research note on Thursday, December 6th. Finally, Citigroup started coverage on shares of HUYA in a research note on Monday, October 29th. They issued a “buy” rating and a $26.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $30.76.

Shares of HUYA stock opened at $19.36 on Tuesday. HUYA Inc – has a 52 week low of $14.44 and a 52 week high of $50.82.

HUYA (NYSE:HUYA) last announced its quarterly earnings results on Monday, November 12th. The company reported $0.55 EPS for the quarter, topping the consensus estimate of $0.04 by $0.51. The company had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.21 billion. The company’s quarterly revenue was up 118.8% on a year-over-year basis.

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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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