XTX Topco Ltd Buys 12,568 Shares of DouYu International Holdings Limited Sponsored ADR (NASDAQ:DOYU)

XTX Topco Ltd lifted its holdings in shares of DouYu International Holdings Limited Sponsored ADR (NASDAQ:DOYU) by 120.2% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,024 shares of the company’s stock after acquiring an additional 12,568 shares during the quarter. XTX Topco Ltd owned approximately 0.07% of DouYu International worth $172,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of America Corp DE raised its holdings in shares of DouYu International by 113.5% during the fourth quarter. Bank of America Corp DE now owns 85,743 shares of the company’s stock valued at $961,000 after acquiring an additional 45,573 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of DouYu International by 8.3% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 49,532 shares of the company’s stock valued at $555,000 after acquiring an additional 3,815 shares in the last quarter. BRIGHT VALLEY CAPITAL Ltd raised its holdings in shares of DouYu International by 22.6% during the fourth quarter. BRIGHT VALLEY CAPITAL Ltd now owns 1,576,000 shares of the company’s stock valued at $17,667,000 after acquiring an additional 290,767 shares in the last quarter. Russell Investments Group Ltd. bought a new position in shares of DouYu International during the fourth quarter valued at approximately $2,429,000. Finally, Point72 Hong Kong Ltd raised its holdings in shares of DouYu International by 29.7% during the fourth quarter. Point72 Hong Kong Ltd now owns 714,592 shares of the company’s stock valued at $8,011,000 after acquiring an additional 163,509 shares in the last quarter. Institutional investors own 17.86% of the company’s stock.

Analyst Ratings Changes

Separately, Citigroup decreased their target price on DouYu International from $10.50 to $7.00 and set a “neutral” rating for the company in a report on Tuesday, May 27th.

DouYu International Stock Up 4.2%

Shares of DOYU stock opened at $7.50 on Thursday. The stock has a market cap of $226.34 million, a price-to-earnings ratio of -5.77 and a beta of 0.68. The business’s fifty day moving average is $7.37 and its 200 day moving average is $8.35. DouYu International Holdings Limited Sponsored ADR has a twelve month low of $5.68 and a twelve month high of $20.17.

DouYu International (NASDAQ:DOYU) last released its earnings results on Tuesday, May 20th. The company reported ($0.10) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.25) by $0.15. The firm had revenue of $130.54 million for the quarter, compared to the consensus estimate of $997.20 million. DouYu International had a negative net margin of 6.85% and a negative return on equity of 4.12%.

DouYu International Company Profile

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.