GF Fund Management CO. LTD. purchased a new position in Bilibili Inc. Sponsored ADR (NASDAQ:BILI - Free Report) during the 1st quarter, according to its most recent disclosure with the SEC. The fund purchased 27,109 shares of the company's stock, valued at approximately $518,000.
Several other institutional investors also recently added to or reduced their stakes in BILI. Prescott Group Capital Management L.L.C. bought a new position in Bilibili in the 4th quarter worth approximately $2,716,000. Rakuten Securities Inc. increased its position in Bilibili by 145.8% in the 4th quarter. Rakuten Securities Inc. now owns 9,124 shares of the company's stock worth $165,000 after buying an additional 5,412 shares during the period. Connor Clark & Lunn Investment Management Ltd. increased its position in Bilibili by 16.2% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,504,143 shares of the company's stock worth $27,240,000 after buying an additional 209,963 shares during the period. Natixis Advisors LLC increased its position in Bilibili by 206.8% in the 4th quarter. Natixis Advisors LLC now owns 35,721 shares of the company's stock worth $647,000 after buying an additional 24,079 shares during the period. Finally, Quantbot Technologies LP increased its position in Bilibili by 15.9% in the 4th quarter. Quantbot Technologies LP now owns 45,655 shares of the company's stock worth $827,000 after buying an additional 6,255 shares during the period. 16.08% of the stock is owned by institutional investors.
Bilibili Price Performance
Bilibili stock traded up $0.09 on Tuesday, reaching $22.57. The company's stock had a trading volume of 2,498,726 shares, compared to its average volume of 6,004,185. 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 cap of $9.43 billion, a price-to-earnings ratio of -112.84 and a beta of 0.91. The business's fifty day moving average price is $19.40 and its 200 day moving average price is $18.86. Bilibili Inc. Sponsored ADR has a twelve month low of $12.72 and a twelve month high of $31.77.
Wall Street Analyst Weigh In
Several brokerages have recently weighed in on BILI. Hsbc Global Res raised Bilibili to a "strong-buy" rating in a report on Wednesday, May 21st. Sanford C. Bernstein began coverage on Bilibili in a report on Tuesday. They set an "outperform" rating and a $28.00 price objective on the stock. Wall Street Zen raised Bilibili from a "hold" rating to a "buy" rating in a report on Saturday, May 24th. Finally, HSBC raised Bilibili from a "hold" rating to a "buy" rating and lifted their price objective for the stock from $21.50 to $22.50 in a report on Wednesday, May 21st. Two research analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of $23.29.
Check Out Our Latest Report on Bilibili
Bilibili Company Profile
(
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.
Featured Stories

Before you consider Bilibili, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bilibili wasn't on the list.
While Bilibili currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.