15,042 Shares in Bilibili Inc. (NASDAQ:BILI) Bought by Nomura Holdings Inc.

Nomura Holdings Inc. bought a new stake in Bilibili Inc. (NASDAQ:BILI - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 15,042 shares of the company's stock, valued at approximately $272,000.

Several other hedge funds have also bought and sold shares of BILI. Avior Wealth Management LLC raised its position in shares of Bilibili by 1,817.7% during the 4th quarter. Avior Wealth Management LLC now owns 1,515 shares of the company's stock valued at $27,000 after buying an additional 1,436 shares in the last quarter. Federated Hermes Inc. bought a new position in Bilibili in the fourth quarter valued at $55,000. Blue Trust Inc. raised its position in Bilibili by 147.8% during the fourth quarter. Blue Trust Inc. now owns 3,179 shares of the company's stock valued at $58,000 after purchasing an additional 1,896 shares in the last quarter. Rakuten Securities Inc. lifted its stake in Bilibili by 145.8% during the fourth quarter. Rakuten Securities Inc. now owns 9,124 shares of the company's stock worth $165,000 after purchasing an additional 5,412 shares during the last quarter. Finally, Dimensional Fund Advisors LP purchased a new position in shares of Bilibili during the 4th quarter valued at about $200,000. 16.08% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Benchmark increased their target price on shares of Bilibili from $24.00 to $30.00 and gave the company a "buy" rating in a report on Friday, February 21st. HSBC raised Bilibili from a "hold" rating to a "buy" rating and boosted their target price for the company from $21.50 to $22.50 in a research note on Wednesday, May 21st. Nomura Securities lowered Bilibili from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, February 25th. Wall Street Zen upgraded Bilibili from a "hold" rating to a "buy" rating in a research report on Saturday. Finally, Hsbc Global Res upgraded shares of Bilibili to a "strong-buy" rating in a report on Wednesday, May 21st. Three equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $21.24.

Bilibili Stock Down 1.7%

NASDAQ BILI traded down $0.32 during trading hours on Wednesday, reaching $19.11. 1,088,772 shares of the company's stock traded hands, compared to its average volume of 6,357,471. The firm has a market cap of $7.96 billion, a PE ratio of -42.46 and a beta of 0.93. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.34 and a quick ratio of 1.05. Bilibili Inc. has a 52-week low of $12.72 and a 52-week high of $31.77. The firm has a 50-day simple moving average of $17.76 and a 200 day simple moving average of $18.74.

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.