Fox Run Management L.L.C. Invests $728,000 in Bilibili Inc. (NASDAQ:BILI)

Fox Run Management L.L.C. acquired a new stake in shares of Bilibili Inc. (NASDAQ:BILI - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 40,206 shares of the company's stock, valued at approximately $728,000.

Several other large investors have also recently modified their holdings of BILI. Avior Wealth Management LLC raised its holdings in Bilibili by 1,817.7% in the 4th quarter. Avior Wealth Management LLC now owns 1,515 shares of the company's stock worth $27,000 after acquiring an additional 1,436 shares during the last quarter. TD Private Client Wealth LLC bought a new stake in shares of Bilibili during the 3rd quarter valued at $53,000. Blue Trust Inc. increased its position in Bilibili by 147.8% in the fourth quarter. Blue Trust Inc. now owns 3,179 shares of the company's stock worth $58,000 after buying an additional 1,896 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings 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 valued at $82,000 after acquiring an additional 735 shares during the period. Finally, Rakuten Securities Inc. grew its stake in Bilibili by 145.8% during the fourth quarter. Rakuten Securities Inc. now owns 9,124 shares of the company's stock valued at $165,000 after acquiring an additional 5,412 shares in the last quarter. Hedge funds and other institutional investors own 16.08% of the company's stock.

Bilibili Stock Performance

Shares of NASDAQ:BILI traded down $0.89 during trading on Friday, hitting $19.27. 913,095 shares of the stock traded hands, compared to its average volume of 6,767,678. The company has a market cap of $7.99 billion, a price-to-earnings ratio of -42.53 and a beta of 0.93. The company has a quick ratio of 1.05, a current ratio of 1.34 and a debt-to-equity ratio of 0.23. The company has a fifty day moving average price of $19.71 and a two-hundred day moving average price of $19.71. Bilibili Inc. has a 52-week low of $10.79 and a 52-week high of $31.77.

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

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. Nomura Securities lowered Bilibili from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 25th. Benchmark lifted their target price on Bilibili from $24.00 to $30.00 and gave the company a "buy" rating in a research note on Friday, February 21st. Finally, Barclays raised their price objective on Bilibili from $24.00 to $25.00 and gave the stock an "overweight" rating in a research report on Friday, February 21st. Three 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, Bilibili currently has a consensus rating of "Moderate Buy" and an average target price of $21.11.

About Bilibili

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.