2 weeks Ago By ABMN Staff
Russell Investments Group Ltd. purchased a new stake in shares of DouYu International Holdings Limited ( NASDAQ:DOYU – Free Report ) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 216,676 shares of the company’s stock, valued at approximately $2,429,000.
Russell Investments Group Ltd. owned about 0.68% of DouYu International at the end of the most recent quarter.
A number of other hedge funds have also bought and sold shares of the business. Arrowstreet Capital Limited Partnership bought a new stake in shares of DouYu International during the 4th quarter worth $206,000. Sei Investments Co.
bought a new stake in DouYu International in the fourth quarter worth about $195,000. XTX Topco Ltd purchased a new position in DouYu International in the third quarter valued at about $147,000. State Street Corp lifted its stake in DouYu International by 78.
0% in the third quarter. State Street Corp now owns 29,528 shares of the company’s stock valued at $320,000 after purchasing an additional 12,940 shares during the last quarter. Finally, Headlands Technologies LLC grew its stake in shares of DouYu International by 3,409.
1% during the 4th quarter. Headlands Technologies LLC now owns 6,948 shares of the company’s stock worth $78,000 after acquiring an additional 6,750 shares during the period. 17.
86% of the stock is currently owned by institutional investors. Wall Street Analysts Forecast Growth Several research firms recently commented on DOYU. Hsbc Global Res raised shares of DouYu International from a “moderate sell” rating to a “hold” rating in a report on Monday, March 17th.
HSBC raised shares of DouYu International from a “reduce” rating to a “hold” rating in a research note on Monday, March 17th. Finally, Citigroup upgraded shares of DouYu International from a “sell” rating to a “neutral” rating and boosted their price target for the company from $5.90 to $10.
50 in a research report on Tuesday, March 18th. DouYu International Trading Down 1.1 % Shares of DOYU opened at $6.
31 on Friday. DouYu International Holdings Limited has a 12-month low of $5.68 and a 12-month high of $20.
17. The company has a market cap of $199.62 million, a PE ratio of -7.
17 and a beta of 0.90. The stock has a 50-day moving average price of $8.
44 and a 200-day moving average price of $10.60. DouYu International ( NASDAQ:DOYU – Get Free Report ) last released its quarterly earnings results on Friday, March 14th.
The company reported ($0.31) EPS for the quarter, topping analysts’ consensus estimates of ($2.18) by $1.
87. The business had revenue of $155.65 million during the quarter, compared to analysts’ expectations of $1.
05 billion. DouYu International had a negative net margin of 4.39% and a negative return on equity of 2.
92%. DouYu International Increases Dividend The company also recently declared a — dividend, which was paid on Thursday, February 20th. Shareholders of record on Monday, February 10th were paid a dividend of $9.
94 per share. The ex-dividend date was Friday, February 21st. This is a positive change from DouYu International’s previous — dividend of $9.
71. DouYu International Profile ( Free Report ) 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.
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