DV Equities LLC Acquires New Position in Bilibili Inc. Sponsored ADR $BILI

DV Equities LLC acquired a new stake in Bilibili Inc. Sponsored ADR (NASDAQ:BILI) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 76,504 shares of the company’s stock, valued at approximately $1,881,000.

Several other large investors have also bought and sold shares of BILI. Kestra Advisory Services LLC acquired a new position in Bilibili in the fourth quarter valued at approximately $43,000. Hantz Financial Services Inc. boosted its position in shares of Bilibili by 253.0% in the 3rd quarter. Hantz Financial Services Inc. now owns 3,639 shares of the company’s stock worth $102,000 after purchasing an additional 2,608 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of Bilibili by 25.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 5,295 shares of the company’s stock worth $114,000 after purchasing an additional 1,081 shares during the last quarter. Bridgewater Advisors Inc. bought a new position in shares of Bilibili in the 4th quarter worth $175,000. Finally, Advisors Asset Management Inc. boosted its position in shares of Bilibili by 26.1% in the 4th quarter. Advisors Asset Management Inc. now owns 8,092 shares of the company’s stock worth $199,000 after purchasing an additional 1,677 shares during the last quarter. 16.08% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on BILI. Weiss Ratings restated a “hold (c-)” rating on shares of Bilibili in a research report on Monday, April 20th. Macquarie Infrastructure restated an “outperform” rating and set a $30.00 target price on shares of Bilibili in a research report on Tuesday, May 19th. Morgan Stanley upgraded Bilibili from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $25.00 to $31.00 in a research report on Monday, April 13th. Benchmark restated a “buy” rating on shares of Bilibili in a research report on Wednesday, May 20th. Finally, Citigroup raised shares of Bilibili from a “neutral” rating to a “buy” rating and set a $27.00 target price for the company in a research note on Friday, March 27th. Nine analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, Bilibili presently has an average rating of “Moderate Buy” and a consensus target price of $30.78.

Bilibili Stock Performance

Shares of Bilibili stock opened at $17.46 on Monday. The company has a market capitalization of $7.24 billion, a PE ratio of 38.80 and a beta of 0.71. Bilibili Inc. Sponsored ADR has a 12 month low of $16.92 and a 12 month high of $36.40. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.30. The stock’s fifty day simple moving average is $21.33 and its 200 day simple moving average is $25.58.

Bilibili (NASDAQ:BILI) last released its quarterly earnings data on Saturday, May 16th. The company reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.02. Bilibili had a return on equity of 10.81% and a net margin of 4.58%.The business had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.09 billion. During the same quarter in the previous year, the business posted $0.85 EPS. Bilibili’s revenue for the quarter was up 6.7% on a year-over-year basis. On average, research analysts predict that Bilibili Inc. Sponsored ADR will post 0.61 EPS for the current year.

Bilibili Company Profile

Bilibili (NASDAQ: BILI) is a leading Chinese online entertainment platform renowned for its focus on animation, comics and games (ACG) content. The company operates a video-sharing website where users can view, upload and comment on a wide range of content, from full-length anime episodes to user-generated short videos. In addition to on-demand streaming, Bilibili offers live broadcasting services that connect creators with fans through real-time interaction features such as “bullet comments” that flow across the screen.

Beyond its core video community, Bilibili generates revenue through multiple value-added services.