HUYA Inc – (HUYA) Shares Bought by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. increased its position in shares of HUYA Inc – (NYSE:HUYA) by 226.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,700 shares of the company’s stock after acquiring an additional 22,000 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in HUYA were worth $491,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. increased its position in HUYA by 79.1% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,136,196 shares of the company’s stock worth $50,372,000 after buying an additional 943,384 shares during the last quarter. Sylebra HK Co Ltd increased its position in HUYA by 9.1% during the third quarter. Sylebra HK Co Ltd now owns 869,751 shares of the company’s stock worth $20,509,000 after buying an additional 72,545 shares during the last quarter. Rovida Advisors Inc. increased its position in HUYA by 73.3% during the third quarter. Rovida Advisors Inc. now owns 862,800 shares of the company’s stock worth $20,293,000 after buying an additional 365,000 shares during the last quarter. BlackRock Inc. increased its position in HUYA by 2.8% during the third quarter. BlackRock Inc. now owns 472,130 shares of the company’s stock worth $11,133,000 after buying an additional 12,786 shares during the last quarter. Finally, William Blair Investment Management LLC increased its position in HUYA by 194.7% during the third quarter. William Blair Investment Management LLC now owns 306,266 shares of the company’s stock worth $7,222,000 after buying an additional 202,343 shares during the last quarter. Institutional investors and hedge funds own 11.85% of the company’s stock.

Several brokerages have recently issued reports on HUYA. Credit Suisse Group set a $29.00 price target on HUYA and gave the company a “buy” rating in a research report on Tuesday, March 5th. Daiwa Capital Markets began coverage on HUYA in a research report on Monday, January 14th. They issued a “neutral” rating on the stock. JPMorgan Chase & Co. began coverage on HUYA in a research report on Tuesday, November 27th. They issued a “neutral” rating on the stock. Finally, Goldman Sachs Group raised 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 research report on Thursday, December 6th. One research analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $31.40.

Shares of NYSE:HUYA opened at $28.02 on Wednesday. The stock has a market capitalization of $5.61 billion and a PE ratio of 231.92. HUYA Inc – has a 52-week low of $14.44 and a 52-week high of $50.82.

WARNING: This news story was first posted by Community Financial News and is owned by of Community Financial News. If you are accessing this news story on another publication, it was illegally copied and reposted in violation of US and international trademark & copyright legislation. The correct version of this news story can be accessed at https://www.com-unik.info/2019/03/20/huya-inc-huya-shares-bought-by-nomura-asset-management-co-ltd.html.

About HUYA

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.

Recommended Story: Straddles

Want to see what other hedge funds are holding HUYA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for HUYA Inc – (NYSE:HUYA).

Institutional Ownership by Quarter for HUYA (NYSE:HUYA)

Receive News & Ratings for HUYA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HUYA and related companies with MarketBeat.com's FREE daily email newsletter.



Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit