74,206 Shares in Bilibili Inc. Sponsored ADR $BILI Purchased by Mizuho Securities Co. Ltd.

Key Points

• Mizuho Securities initiated a 74,206-share position in Bilibili during the third quarter, valued at about $1.115 million. The holding represents 27.9% of Mizuho’s portfolio and is its largest position.
• Other institutional investors also adjusted or added to their holdings; institutional investors collectively own 16.08% of Bilibili.
• Analysts have a Moderate Buy consensus, with an average price target of $29.39. BILI opened at $14.66, well below its $36.40 52-week high.

Mizuho Securities Co. Ltd. bought a new position in shares of Bilibili Inc. Sponsored ADR (NASDAQ:BILI - Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 74,206 shares of the company's stock, valued at approximately $1,115,000. Bilibili accounts for about 27.9% of Mizuho Securities Co. Ltd.'s investment portfolio, making the stock its biggest position.

Other hedge funds also recently made changes to their positions in the company. EverSource Wealth Advisors LLC boosted its stake in shares of Bilibili by 76.6% in the first quarter. EverSource Wealth Advisors LLC now owns 1,628 shares of the company's stock valued at $37,000 after buying an additional 706 shares during the period. Farther Finance Advisors LLC lifted its position in shares of Bilibili by 53.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,084 shares of the company's stock valued at $31,000 after acquiring an additional 726 shares during the period. Parallel Advisors LLC lifted its position in shares of Bilibili by 24.0% during the 1st quarter. Parallel Advisors LLC now owns 6,257 shares of the company's stock valued at $141,000 after acquiring an additional 1,211 shares during the period. Nykredit A S bought a new stake in shares of Bilibili during the 2nd quarter valued at $110,000. Finally, Pictet Asset Management Holding SA grew its holdings in shares of Bilibili by 7.7% during the 3rd quarter. Pictet Asset Management Holding SA now owns 11,200 shares of the company's stock worth $168,000 after purchasing an additional 800 shares in the last quarter. 16.08% of the stock is owned by institutional investors.

Bilibili Price Performance

Shares of BILI opened at $14.66 on Monday. The company has a market capitalization of $6.08 billion, a price-to-earnings ratio of 29.92, a price-to-earnings-growth ratio of 1.34 and a beta of 0.64. Bilibili Inc. Sponsored ADR has a 1 year low of $12.64 and a 1 year high of $36.40. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.32 and a quick ratio of 1.32. The business has a 50-day moving average of $14.67 and a 200-day moving average of $20.38.

Bilibili (NASDAQ:BILI - Get Free Report) last posted its quarterly earnings data on Saturday, August 15th. The company reported $0.23 earnings per share for the quarter. Bilibili had a return on equity of 11.42% and a net margin of 4.88%. The firm had revenue of $1.17 billion during the quarter. As a group, equities research analysts anticipate that Bilibili Inc. Sponsored ADR will post 0.60 earnings per share for the current year.

Wall Street Analysts Forecast Growth

BILI has been the subject of a number of analyst reports. Benchmark reaffirmed a "buy" rating on shares of Bilibili in a research note on Friday, August 28th. Piper Sandler set a $29.00 price objective on shares of Bilibili in a research note on Friday, August 28th. Citigroup decreased their target price on shares of Bilibili from $27.00 to $26.50 and set a "buy" rating on the stock in a report on Wednesday, October 14th. Morgan Stanley restated an "overweight" rating and issued a $27.00 target price on shares of Bilibili in a research report on Thursday, August 27th. Finally, BNP Paribas Exane started coverage on shares of Bilibili in a report on Tuesday, September 22nd. They set an "outperform" rating and a $23.00 price target for the company. Eight research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, Bilibili presently has a consensus rating of "Moderate Buy" and an average target price of $29.39.

About Bilibili

Bilibili Inc operates an online entertainment platform in China, where users watch, share and create video content. The platform is known for its danmu feature, which displays viewers' comments across videos in real time, and for communities centered on animation, comics and games, alongside a wider range of interests.

Founded in 2009 by Xu Yi, Bilibili began as a site focused on animation and related content before expanding into a broader video and entertainment service. Its offerings include professionally produced and user-generated videos, live streaming, online games and paid membership services.

Bilibili primarily serves users in China and generates revenue through services such as advertising, games and value-added offerings, including live-streaming features and memberships.

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