Baader Bank Aktiengesellschaft Takes Position in Bilibili Inc. Sponsored ADR (NASDAQ:BILI)

Key Points

• Baader Bank Aktiengesellschaft has invested approximately $862,000 in Bilibili Inc. by purchasing 45,129 shares in the first quarter.
• Other institutional investors have significantly increased their stakes in Bilibili, with Federated Hermes Inc. raising its holdings by 44,249.8% to own over 1.3 million shares valued at around $25.7 million.
• Bilibili's current stock performance shows a market capitalization of $9.31 billion and a recent stock price of $22.28, with a consensus rating of "Moderate Buy" from analysts.

Baader Bank Aktiengesellschaft bought a new position in Bilibili Inc. Sponsored ADR (NASDAQ:BILI - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 45,129 shares of the company's stock, valued at approximately $862,000.

Several other institutional investors and hedge funds have also modified their holdings of BILI. Vontobel Holding Ltd. increased its position in shares of Bilibili by 87.9% in the 1st quarter. Vontobel Holding Ltd. now owns 35,239 shares of the company's stock valued at $673,000 after buying an additional 16,482 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in shares of Bilibili by 8.5% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 9,261 shares of the company's stock valued at $178,000 after buying an additional 722 shares in the last quarter. Federated Hermes Inc. bought a new stake in shares of Bilibili in the 4th quarter valued at $55,000. Northern Trust Corp increased its position in shares of Bilibili by 164.2% in the 4th quarter. Northern Trust Corp now owns 235,099 shares of the company's stock valued at $4,258,000 after buying an additional 146,111 shares in the last quarter. Finally, Dimensional Fund Advisors LP bought a new stake in shares of Bilibili in the 4th quarter valued at $200,000. 16.08% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have issued reports on BILI. Hsbc Global Res upgraded Bilibili to a "strong-buy" rating in a report on Wednesday, May 21st. HSBC reiterated a "buy" rating on shares of Bilibili in a report on Tuesday, July 15th. JPMorgan Chase & Co. cut Bilibili from an "overweight" rating to a "neutral" rating and increased their target price for the stock from $21.00 to $24.00 in a report on Monday. Sanford C. Bernstein initiated coverage on shares of Bilibili in a research note on Tuesday, July 8th. They set an "outperform" rating and a $28.00 price objective for the company. Finally, Wall Street Zen downgraded shares of Bilibili from a "buy" rating to a "hold" rating in a research note on Friday, July 18th. Four investment analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, Bilibili has a consensus rating of "Moderate Buy" and an average price target of $23.81.

Bilibili Price Performance

NASDAQ BILI traded down $0.93 on Friday, hitting $21.89. The stock had a trading volume of 2,659,989 shares, compared to its average volume of 2,988,184. Bilibili Inc. Sponsored ADR has a 52-week low of $12.72 and a 52-week high of $31.77. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.36 and a current ratio of 1.36. The company has a market capitalization of $9.15 billion, a price-to-earnings ratio of -109.44 and a beta of 0.94. The firm has a 50-day moving average of $21.20 and a 200-day moving average of $19.50.

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.