Barclays PLC Buys 163,971 Shares of Tuya Inc. (NYSE:TUYA)

Barclays PLC raised its stake in shares of Tuya Inc. (NYSE:TUYA) by 60.5% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 434,814 shares of the company’s stock after purchasing an additional 163,971 shares during the period. Barclays PLC owned 0.08% of Tuya worth $778,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of TUYA. Catalina Capital Group LLC purchased a new stake in Tuya in the 4th quarter worth approximately $29,000. Virtu Financial LLC bought a new position in Tuya in the 4th quarter worth $40,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in Tuya by 157.9% in the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 29,200 shares of the company’s stock worth $52,000 after buying an additional 17,877 shares in the last quarter. Sei Investments Co. lifted its position in shares of Tuya by 37.5% in the fourth quarter. Sei Investments Co. now owns 58,726 shares of the company’s stock valued at $105,000 after acquiring an additional 16,010 shares in the last quarter. Finally, EntryPoint Capital LLC bought a new position in shares of Tuya in the fourth quarter worth about $139,000. Hedge funds and other institutional investors own 11.47% of the company’s stock.

Tuya Trading Down 1.1 %

Shares of TUYA opened at $2.32 on Wednesday. The business’s 50 day moving average is $2.83 and its 200 day moving average is $2.33. Tuya Inc. has a 12-month low of $1.28 and a 12-month high of $4.63. The company has a market capitalization of $1.25 billion, a PE ratio of -77.17 and a beta of 0.46.

Tuya (NYSE:TUYA) last released its earnings results on Wednesday, February 26th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.03 by ($0.01). The company had revenue of $82.06 million during the quarter, compared to analysts’ expectations of $81.40 million. Tuya had a negative return on equity of 0.58% and a negative net margin of 5.55%.

Tuya Dividend Announcement

The company also recently announced a — dividend, which was paid on Tuesday, April 15th. Stockholders of record on Thursday, March 13th were issued a $0.0608 dividend. The ex-dividend date was Thursday, March 13th. This represents a dividend yield of 6.1%. Tuya’s dividend payout ratio (DPR) is 400.00%.

About Tuya

Tuya Inc offers purpose-built Internet of Things (IoT) cloud development platform in the People's Republic of China and internationally. The company provides platform-as-a-service that enables business, original equipment manufacturers, brands, and developers to develop, launch, manage, and monetize software-enabled smart devices and services; and industry software-as-a-service, which enables businesses to deploy, connect, and manage various types of smart devices.