Trexquant Investment LP Has $13.67 Million Holdings in Bilibili Inc. (NASDAQ:BILI)

Trexquant Investment LP increased its stake in shares of Bilibili Inc. (NASDAQ:BILI - Free Report) by 9.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 754,875 shares of the company's stock after buying an additional 63,960 shares during the period. Trexquant Investment LP owned 0.18% of Bilibili worth $13,671,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in BILI. Jennison Associates LLC lifted its position in shares of Bilibili by 26.4% during the fourth quarter. Jennison Associates LLC now owns 2,285,264 shares of the company's stock worth $41,386,000 after purchasing an additional 477,740 shares in the last quarter. Two Sigma Advisers LP raised its position in Bilibili by 14,710.1% in the 3rd quarter. Two Sigma Advisers LP now owns 1,762,400 shares of the company's stock worth $41,205,000 after purchasing an additional 1,750,500 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in Bilibili by 16.2% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,504,143 shares of the company's stock worth $27,240,000 after buying an additional 209,963 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its position in Bilibili by 3,328.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 608,514 shares of the company's stock valued at $11,020,000 after buying an additional 590,763 shares during the last quarter. Finally, Schroder Investment Management Group increased its stake in shares of Bilibili by 8.1% in the 4th quarter. Schroder Investment Management Group now owns 531,047 shares of the company's stock valued at $9,771,000 after buying an additional 39,616 shares during the period. Institutional investors own 16.08% of the company's stock.

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Bilibili Trading Down 13.5 %

BILI traded down $2.58 during mid-day trading on Friday, hitting $16.55. The stock had a trading volume of 14,402,982 shares, compared to its average volume of 6,870,932. The stock's fifty day simple moving average is $19.92 and its 200-day simple moving average is $19.89. The firm has a market capitalization of $6.86 billion, a price-to-earnings ratio of -36.78 and a beta of 0.95. Bilibili Inc. has a 1-year low of $10.84 and a 1-year high of $31.77. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.34 and a quick ratio of 1.05.

Bilibili (NASDAQ:BILI - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.05 EPS for the quarter, topping the consensus estimate of $0.03 by $0.02. Bilibili had a negative return on equity of 8.23% and a negative net margin of 5.01%. The business had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.05 billion. As a group, research analysts forecast that Bilibili Inc. will post 0.16 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on BILI shares. Barclays upped their price target on Bilibili from $24.00 to $25.00 and gave the company an "overweight" rating in a research note on Friday, February 21st. Benchmark raised their target price on shares of Bilibili from $24.00 to $30.00 and gave the company a "buy" rating in a research note on Friday, February 21st. Finally, Nomura Securities cut shares of Bilibili from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, February 25th. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $21.11.

Bilibili Company Profile

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.