Edmond DE Rothschild Holding S.A. trimmed its holdings in shares of Bilibili Inc. (NASDAQ:BILI - Free Report) by 42.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 195,164 shares of the company's stock after selling 143,600 shares during the period. Edmond DE Rothschild Holding S.A.'s holdings in Bilibili were worth $3,534,000 at the end of the most recent reporting period.
Several other institutional investors also recently added to or reduced their stakes in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Bilibili by 26.3% during 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 worth $82,000 after purchasing an additional 735 shares during the period. Avior Wealth Management LLC lifted its holdings in Bilibili by 1,817.7% during the 4th quarter. Avior Wealth Management LLC now owns 1,515 shares of the company's stock worth $27,000 after purchasing an additional 1,436 shares in the last quarter. Blue Trust Inc. boosted its stake in Bilibili by 147.8% in the 4th quarter. Blue Trust Inc. now owns 3,179 shares of the company's stock worth $58,000 after purchasing an additional 1,896 shares during the period. TD Private Client Wealth LLC bought a new position in Bilibili in the 3rd quarter worth about $53,000. Finally, Quantinno Capital Management LP grew its holdings in Bilibili by 17.1% during the 3rd 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 in the last quarter. Institutional investors own 16.08% of the company's stock.
Analysts Set New Price Targets
A number of equities analysts have weighed in on BILI shares. Barclays upped their target price on Bilibili from $24.00 to $25.00 and gave the stock an "overweight" rating in a research note on Friday, February 21st. Nomura Securities cut Bilibili from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 25th. Finally, Benchmark upped their target price on Bilibili from $24.00 to $30.00 and gave the stock a "buy" rating in a research note on Friday, February 21st. Three 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 company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $21.11.
Check Out Our Latest Research Report on BILI
Bilibili Stock Performance
Shares of Bilibili stock traded down $2.58 during midday trading on Friday, hitting $16.55. The company had a trading volume of 14,402,982 shares, compared to its average volume of 6,870,932. The company has a fifty day simple moving average of $19.92 and a 200 day simple moving average of $19.89. The stock has a market cap of $6.86 billion, a price-to-earnings ratio of -36.78 and a beta of 0.95. Bilibili Inc. has a 12-month low of $10.84 and a 12-month high of $31.77. The company has a quick ratio of 1.05, a current ratio of 1.34 and a debt-to-equity ratio of 0.23.
Bilibili (NASDAQ:BILI - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.05 earnings per share for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $1.05 billion. As a group, analysts predict that Bilibili Inc. will post 0.16 earnings per share for the current fiscal year.
About Bilibili
(
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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