Tuya Inc. (NYSE:TUYA) Shares Acquired by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in shares of Tuya Inc. (NYSE:TUYA) by 157.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,200 shares of the company’s stock after purchasing an additional 17,877 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Tuya were worth $52,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in TUYA. Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of Tuya by 141.5% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,530,291 shares of the company’s stock valued at $2,739,000 after acquiring an additional 896,605 shares in the last quarter. Jane Street Group LLC boosted its holdings in Tuya by 2,493.1% in the third quarter. Jane Street Group LLC now owns 691,655 shares of the company’s stock valued at $1,141,000 after purchasing an additional 664,982 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in Tuya during the 3rd quarter valued at approximately $772,000. Public Employees Retirement System of Ohio purchased a new stake in Tuya during the 3rd quarter worth approximately $218,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Tuya by 60.7% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 350,116 shares of the company’s stock valued at $578,000 after purchasing an additional 132,200 shares in the last quarter. Hedge funds and other institutional investors own 11.47% of the company’s stock.

Tuya Trading Up 3.2 %

Tuya stock opened at $3.44 on Friday. The stock has a 50 day moving average of $3.18 and a 200-day moving average of $2.18. The stock has a market cap of $1.85 billion, a P/E ratio of -114.50 and a beta of 0.39. Tuya Inc. has a 52 week low of $1.28 and a 52 week high of $4.63.

Tuya (NYSE:TUYA) last announced its quarterly earnings data on Wednesday, February 26th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.01). Tuya had a negative return on equity of 0.58% and a negative net margin of 5.55%. The company had revenue of $82.06 million for the quarter, compared to analyst estimates of $81.40 million.

Tuya Dividend Announcement

The company also recently announced a — dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Thursday, March 13th will be issued a dividend of $0.0608 per share. This represents a yield of 6.1%. The ex-dividend date is Thursday, March 13th. Tuya’s dividend payout ratio is presently 400.00%.

Tuya Company Profile

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.