O Shaughnessy Asset Management LLC bought a new stake in Bilibili Inc. (NASDAQ:BILI - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 19,297 shares of the company's stock, valued at approximately $349,000.
Several other large investors have also recently added to or reduced their stakes in BILI. Arrowstreet Capital Limited Partnership grew its stake in shares of Bilibili by 3,328.1% during 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 period. Jennison Associates LLC grew its position in Bilibili by 26.4% during the fourth quarter. Jennison Associates LLC now owns 2,285,264 shares of the company's stock valued at $41,386,000 after acquiring an additional 477,740 shares during the period. Connor Clark & Lunn Investment Management Ltd. increased its stake in Bilibili by 16.2% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,504,143 shares of the company's stock worth $27,240,000 after acquiring an additional 209,963 shares during the last quarter. Prescott Group Capital Management L.L.C. purchased a new position in shares of Bilibili in the 4th quarter worth about $2,716,000. Finally, Yong Rong HK Asset Management Ltd lifted its stake in shares of Bilibili by 50.0% in the 4th quarter. Yong Rong HK Asset Management Ltd now owns 150,000 shares of the company's stock valued at $2,717,000 after purchasing an additional 50,000 shares in the last quarter. 16.08% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
BILI has been the subject of a number of research analyst reports. Benchmark increased their target price on shares of Bilibili from $24.00 to $30.00 and gave the stock a "buy" rating in a research report on Friday, February 21st. Nomura Securities downgraded shares of Bilibili from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 25th. Finally, Barclays upped their price target on shares of Bilibili from $24.00 to $25.00 and gave the stock an "overweight" rating in a research report on Friday, February 21st. 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. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $21.11.
Read Our Latest Analysis on BILI
Bilibili Stock Down 1.4 %
Shares of Bilibili stock traded down $0.23 during trading hours on Tuesday, hitting $16.78. 2,409,875 shares of the company's stock traded hands, compared to its average volume of 6,905,459. 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 Inc. has a twelve month low of $10.84 and a twelve month high of $31.77. The stock has a 50 day simple moving average of $19.71 and a 200-day simple moving average of $19.78. The company has a market cap of $6.99 billion, a PE ratio of -37.29 and a beta of 0.95.
Bilibili (NASDAQ:BILI - Get Free Report) last issued 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 firm had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.05 billion. Equities research analysts anticipate that Bilibili Inc. will post 0.16 earnings per share for the current fiscal year.
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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