Greenleaf Trust Makes New $213,000 Investment in Bilibili Inc. Sponsored ADR $BILI

Key Points

• Greenleaf Trust has made a new investment of approximately $213,000 in Bilibili Inc., acquiring nearly 10,000 shares during the second quarter of the year.
• As of the recent reports, Bilibili has a market cap of $11.92 billion and its stock opened at $28.51, while also hitting a one-year range between $14.47 and $29.60.
• Recent analyst ratings for Bilibili show a consensus of "Moderate Buy" with a target price of $25.81, after multiple firms adjusted their ratings and price objectives in recent months.

Greenleaf Trust bought a new position in Bilibili Inc. Sponsored ADR (NASDAQ:BILI - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 9,907 shares of the company's stock, valued at approximately $213,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. SVB Wealth LLC bought a new stake in Bilibili during the 1st quarter valued at $31,000. FNY Investment Advisers LLC purchased a new stake in shares of Bilibili in the first quarter worth about $57,000. Brooklyn Investment Group lifted its stake in Bilibili by 10,989.7% in the 1st quarter. Brooklyn Investment Group now owns 3,216 shares of the company's stock worth $61,000 after purchasing an additional 3,187 shares in the last quarter. Banque Transatlantique SA bought a new position in Bilibili in the 1st quarter valued at $80,000. Finally, Advisors Asset Management Inc. grew its position in shares of Bilibili by 16.6% during the 1st quarter. Advisors Asset Management Inc. now owns 5,280 shares of the company's stock valued at $101,000 after purchasing an additional 751 shares in the last quarter. 16.08% of the stock is owned by institutional investors.

Bilibili Stock Performance

Bilibili stock opened at $28.51 on Friday. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 0.57. The firm has a market cap of $11.92 billion, a P/E ratio of 407.29 and a beta of 0.93. Bilibili Inc. Sponsored ADR has a 1-year low of $14.47 and a 1-year high of $29.60. The firm has a 50-day moving average of $24.56 and a 200-day moving average of $21.17.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. JPMorgan Chase & Co. downgraded Bilibili from an "overweight" rating to a "neutral" rating and increased their price objective for the stock from $21.00 to $24.00 in a research report on Monday, July 28th. Sanford C. Bernstein began coverage on Bilibili in a report on Tuesday, July 8th. They issued an "outperform" rating and a $28.00 price target on the stock. Jefferies Financial Group set a $28.00 price target on Bilibili in a research report on Thursday, August 21st. Benchmark decreased their price objective on shares of Bilibili from $30.00 to $28.00 and set a "buy" rating on the stock in a research report on Friday, August 22nd. Finally, HSBC reaffirmed a "buy" rating on shares of Bilibili in a research note on Tuesday, July 15th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Bilibili currently has a consensus rating of "Moderate Buy" and an average target price of $25.81.

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.

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