O Shaughnessy Asset Management LLC Invests $349,000 in Bilibili Inc. (NASDAQ:BILI)

O Shaughnessy Asset Management LLC bought a new stake in Bilibili Inc. (NASDAQ:BILI - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 19,297 shares of the company's stock, valued at approximately $349,000.

A number of other hedge funds have also recently modified their holdings of BILI. Avior Wealth Management LLC lifted its stake in Bilibili by 1,817.7% in the fourth 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 during the last quarter. TD Private Client Wealth LLC acquired a new position in shares of Bilibili in the 3rd quarter valued at $53,000. Blue Trust Inc. raised its position in Bilibili by 147.8% in the 4th 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 during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Bilibili by 26.3% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,528 shares of the company's stock worth $82,000 after purchasing an additional 735 shares during the period. Finally, Rakuten Securities Inc. boosted its stake in Bilibili by 145.8% during the 4th 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 period. 16.08% of the stock is owned by hedge funds and other institutional investors.

Bilibili Stock Performance

Shares of BILI stock traded up $0.10 during trading hours on Thursday, reaching $16.29. 1,218,700 shares of the company's stock were exchanged, compared to its average volume of 6,886,389. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.34 and a quick ratio of 1.05. The company's 50 day moving average is $19.64 and its two-hundred day moving average is $19.73. The company has a market cap of $6.78 billion, a P/E ratio of -36.21 and a beta of 0.95. Bilibili Inc. has a 1 year low of $10.84 and a 1 year high of $31.77.

Bilibili (NASDAQ:BILI - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.02. The firm had revenue of $1.08 billion during the quarter, compared to analysts' expectations of $1.05 billion. Bilibili had a negative return on equity of 8.23% and a negative net margin of 5.01%. Equities research analysts anticipate that Bilibili Inc. will post 0.16 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently commented on BILI shares. Barclays upped their target price on shares of Bilibili from $24.00 to $25.00 and gave the company an "overweight" rating in a report on Friday, February 21st. Benchmark boosted their price target on Bilibili from $24.00 to $30.00 and gave the company a "buy" rating in a research report on Friday, February 21st. Finally, Nomura Securities cut Bilibili from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, February 25th. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Bilibili has an average rating of "Moderate Buy" and a consensus price target of $21.11.

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.