639,641 Shares in Bilibili Inc. (NASDAQ:BILI) Purchased by Jump Financial LLC

Jump Financial LLC purchased a new position in Bilibili Inc. (NASDAQ:BILI - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 639,641 shares of the company's stock, valued at approximately $11,584,000. Jump Financial LLC owned 0.15% of Bilibili at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Matthews International Capital Management LLC increased its stake in Bilibili by 11.3% in the fourth quarter. Matthews International Capital Management LLC now owns 351,423 shares of the company's stock valued at $6,364,000 after purchasing an additional 35,692 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Bilibili by 26.3% during 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 worth $82,000 after acquiring an additional 735 shares during the period. Barclays PLC grew its holdings in Bilibili by 13.5% in the third quarter. Barclays PLC now owns 127,563 shares of the company's stock valued at $2,982,000 after purchasing an additional 15,136 shares during the period. Vontobel Holding Ltd. purchased a new position in shares of Bilibili in the 4th quarter worth $340,000. Finally, SBI Securities Co. Ltd. purchased a new stake in Bilibili during the fourth quarter valued at about $354,000. Hedge funds and other institutional investors own 16.08% of the company's stock.

Bilibili Stock Up 0.1 %

Shares of BILI stock traded up $0.02 during mid-day trading on Friday, reaching $16.21. 2,877,120 shares of the company were exchanged, compared to its average volume of 6,930,362. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.05 and a current ratio of 1.34. The business's 50 day simple moving average is $19.57 and its 200 day simple moving average is $19.54. The company has a market capitalization of $6.75 billion, a P/E ratio of -36.02 and a beta of 0.95. Bilibili Inc. has a fifty-two week low of $11.05 and a fifty-two week high of $31.77.

Bilibili (NASDAQ:BILI - Get Free Report) last issued its quarterly earnings results 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. The business had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.05 billion. Bilibili had a negative return on equity of 8.23% and a negative net margin of 5.01%. Research analysts predict that Bilibili Inc. will post 0.16 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on BILI shares. Nomura Securities lowered Bilibili from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 25th. Barclays lifted their price target on shares of Bilibili from $24.00 to $25.00 and gave the company an "overweight" rating in a research report on Friday, February 21st. Finally, Benchmark increased their price objective 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. Three analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price 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.