Vontobel Holding Ltd. bought a new position in Bilibili Inc. (NASDAQ:BILI - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 18,757 shares of the company's stock, valued at approximately $340,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of BILI. Signaturefd LLC increased its stake 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 in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Bilibili by 26.3% in 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 purchasing an additional 735 shares in the last quarter. Blue Trust Inc. increased its holdings in Bilibili by 227.3% during the 3rd quarter. Blue Trust Inc. now owns 1,283 shares of the company's stock worth $30,000 after acquiring an additional 891 shares during the period. Avior Wealth Management LLC boosted its position in shares of Bilibili by 1,817.7% during the 4th quarter. Avior Wealth Management LLC now owns 1,515 shares of the company's stock valued at $27,000 after acquiring an additional 1,436 shares during the last quarter. Finally, TD Private Client Wealth LLC purchased a new position in Bilibili in the third quarter worth $53,000. Institutional investors own 16.08% of the company's stock.
Wall Street Analysts Forecast Growth
BILI has been the topic of several research analyst reports. Benchmark boosted their price target on shares of Bilibili from $24.00 to $30.00 and gave the company a "buy" rating in a research report on Friday. Mizuho increased their price objective on shares of Bilibili from $17.00 to $21.00 and gave the stock an "outperform" rating in a research note on Tuesday, November 12th. Bank of America raised their price objective on shares of Bilibili from $19.00 to $22.50 and gave the company a "buy" rating in a research report on Friday, October 25th. Daiwa Capital Markets upgraded Bilibili from a "neutral" rating to a "buy" rating in a research report on Friday, November 8th. Finally, Daiwa America raised Bilibili from a "hold" rating to a "strong-buy" rating in a research report on Friday, November 8th. Three research analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $20.33.
Get Our Latest Stock Analysis on BILI
Bilibili Stock Up 3.2 %
Shares of BILI traded up $0.71 during mid-day trading on Friday, hitting $22.82. 22,901,052 shares of the company's stock were exchanged, compared to its average volume of 7,423,278. Bilibili Inc. has a twelve month low of $9.63 and a twelve month high of $31.77. The firm has a fifty day moving average of $18.27 and a two-hundred day moving average of $18.58. The stock has a market cap of $9.46 billion, a price-to-earnings ratio of -24.80 and a beta of 0.81.
Bilibili (NASDAQ:BILI - Get Free Report) last announced its earnings results on Thursday, February 20th. The company reported $0.05 EPS for the quarter, topping the consensus estimate of $0.03 by $0.02. Bilibili had a negative return on equity of 15.17% and a negative net margin of 10.73%. The business had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.05 billion. On average, equities analysts predict that Bilibili Inc. will post -0.39 earnings per share for the current 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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