Arrowstreet Capital Limited Partnership increased its stake in Bilibili Inc. (NASDAQ:BILI - Free Report) by 3,328.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 608,514 shares of the company's stock after acquiring an additional 590,763 shares during the period. Arrowstreet Capital Limited Partnership owned approximately 0.15% of Bilibili worth $11,020,000 at the end of the most recent reporting period.
Several other hedge funds have also modified their holdings of BILI. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Bilibili by 26.3% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,528 shares of the company's stock valued at $82,000 after acquiring an additional 735 shares in the last quarter. Quantinno Capital Management LP increased its holdings in Bilibili by 17.1% in the third quarter. Quantinno Capital Management LP now owns 23,557 shares of the company's stock valued at $551,000 after buying an additional 3,439 shares during the last quarter. Two Sigma Advisers LP increased its holdings in Bilibili by 14,710.1% in the third quarter. Two Sigma Advisers LP now owns 1,762,400 shares of the company's stock valued at $41,205,000 after buying an additional 1,750,500 shares during the last quarter. Main Management ETF Advisors LLC purchased a new position in Bilibili in the third quarter valued at $1,361,000. Finally, Y Intercept Hong Kong Ltd increased its holdings in Bilibili by 1,064.9% in the third quarter. Y Intercept Hong Kong Ltd now owns 190,275 shares of the company's stock valued at $4,449,000 after buying an additional 173,941 shares during the last quarter. 16.08% of the stock is currently owned by institutional investors and hedge funds.
Bilibili Stock Performance
Shares of BILI traded up $0.48 during mid-day trading on Thursday, hitting $16.36. 1,398,802 shares of the company's stock were exchanged, compared to its average volume of 6,862,985. Bilibili Inc. has a fifty-two week low of $10.84 and a fifty-two week high of $31.77. The firm has a market capitalization of $6.78 billion, a P/E ratio of -36.36 and a beta of 0.95. The business's 50 day moving average is $19.76 and its two-hundred day moving average is $19.86. The company has a current ratio of 1.34, a quick ratio of 1.05 and a debt-to-equity ratio of 0.23.
Bilibili (NASDAQ:BILI - Get Free Report) last announced its earnings results on Thursday, February 20th. The company reported $0.05 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.02. Bilibili had a negative net margin of 5.01% and a negative return on equity of 8.23%. The business had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.05 billion. On average, equities analysts expect that Bilibili Inc. will post 0.16 earnings per share for the current year.
Analyst Ratings Changes
Several research firms recently commented on BILI. Benchmark increased their target price on Bilibili from $24.00 to $30.00 and gave the company a "buy" rating in a report on Friday, February 21st. Barclays raised their price objective on Bilibili from $24.00 to $25.00 and gave the stock an "overweight" rating in a report on Friday, February 21st. Finally, Nomura Securities lowered Bilibili from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 25th. Three research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $21.11.
View Our Latest Stock Analysis on BILI
Bilibili Company Profile
(
Free Report)
Bilibili Inc provides online entertainment services for the young generations in the People's Republic of China. It offers a range of digital content, including professional user generated videos, mobile games, and value-added services, such as live broadcasting, occupationally generated videos, audio drama on Maoer, and comics on Bilibili Comic.
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