Bilibili Inc. (NASDAQ:BILI) Shares Sold by US Bancorp DE

US Bancorp DE lessened its holdings in Bilibili Inc. (NASDAQ:BILI - Free Report) by 19.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 56,945 shares of the company's stock after selling 14,054 shares during the quarter. US Bancorp DE's holdings in Bilibili were worth $1,031,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Avior Wealth Management LLC lifted its holdings in shares of Bilibili by 1,817.7% in the 4th quarter. Avior Wealth Management LLC now owns 1,515 shares of the company's stock valued at $27,000 after buying an additional 1,436 shares during the period. TD Private Client Wealth LLC purchased a new stake in shares of Bilibili during the 3rd quarter worth $53,000. Blue Trust Inc. grew its stake in shares of Bilibili by 147.8% during 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. Venturi Wealth Management LLC acquired a new position in shares of Bilibili during the 3rd quarter worth $63,000. Finally, 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 purchasing an additional 735 shares in the last quarter. Institutional investors and hedge funds own 16.08% of the company's stock.

Bilibili Price Performance

Shares of BILI traded down $0.32 during trading hours on Thursday, reaching $20.98. 4,673,710 shares of the company traded hands, compared to its average volume of 6,979,933. The stock has a market capitalization of $8.69 billion, a PE ratio of -46.61 and a beta of 0.93. The stock has a fifty day simple moving average of $18.88 and a 200 day simple moving average of $19.28. Bilibili Inc. has a fifty-two week low of $10.37 and a fifty-two week 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.

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

Analyst Ratings Changes

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