Bilibili Inc. (NASDAQ:BILI) Shares Acquired by Quadrature Capital Ltd

Quadrature Capital Ltd boosted its position in shares of Bilibili Inc. (NASDAQ:BILI - Free Report) by 67.8% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 207,657 shares of the company's stock after purchasing an additional 83,941 shares during the quarter. Quadrature Capital Ltd owned about 0.05% of Bilibili worth $4,855,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Signaturefd LLC increased its holdings in shares of Bilibili by 6.5% in the 3rd quarter. Signaturefd LLC now owns 9,731 shares of the company's stock valued at $228,000 after acquiring an additional 598 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Bilibili by 26.3% in the 3rd 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. CWM LLC increased its holdings in shares of Bilibili by 61.9% in the 2nd quarter. CWM LLC now owns 2,232 shares of the company's stock valued at $34,000 after acquiring an additional 853 shares during the period. Blue Trust Inc. increased its holdings in shares of Bilibili by 227.3% in the 3rd quarter. Blue Trust Inc. now owns 1,283 shares of the company's stock valued at $30,000 after acquiring an additional 891 shares during the period. Finally, SG Americas Securities LLC increased its holdings in shares of Bilibili by 4.9% in the 2nd quarter. SG Americas Securities LLC now owns 33,711 shares of the company's stock valued at $520,000 after acquiring an additional 1,569 shares during the period. 16.08% of the stock is currently owned by hedge funds and other institutional investors.

Bilibili Price Performance

BILI traded down $0.18 on Friday, reaching $19.08. 4,370,980 shares of the stock were exchanged, compared to its average volume of 7,066,593. The company's 50-day moving average price is $21.33 and its 200 day moving average price is $17.42. Bilibili Inc. has a fifty-two week low of $8.80 and a fifty-two week high of $31.77. The firm has a market capitalization of $7.91 billion, a PE ratio of -20.74 and a beta of 0.80.

Bilibili (NASDAQ:BILI - Get Free Report) last issued its quarterly earnings results on Thursday, November 14th. The company reported $0.57 EPS for the quarter, topping analysts' consensus estimates of $0.10 by $0.47. Bilibili had a negative return on equity of 15.17% and a negative net margin of 10.73%. The company had revenue of $7.31 billion during the quarter, compared to analysts' expectations of $7.14 billion. During the same quarter in the previous year, the firm posted ($0.39) EPS. The firm's revenue was up 25.8% compared to the same quarter last year. As a group, equities analysts forecast that Bilibili Inc. will post -0.34 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Nomura upgraded Bilibili from a "neutral" rating to a "buy" rating and set a $18.00 price target on the stock in a report on Thursday, August 22nd. Barclays lifted their price target on Bilibili from $19.00 to $24.00 and gave the company an "overweight" rating in a report on Monday, November 18th. Sanford C. Bernstein boosted their target price on Bilibili from $12.00 to $13.00 and gave the stock a "market perform" rating in a research note on Friday, August 23rd. Nomura Securities upgraded Bilibili from a "hold" rating to a "strong-buy" rating in a research note on Thursday, August 22nd. Finally, Daiwa America upgraded Bilibili from a "hold" rating to a "strong-buy" rating in a research note on Friday, November 8th. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Bilibili has a consensus rating of "Moderate Buy" and a consensus price target of $19.69.

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.