OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Bilibili Inc. (NASDAQ:BILI - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 231,163 shares of the company's stock, valued at approximately $4,186,000. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.06% of Bilibili as of its most recent SEC filing.
A number of other institutional investors have also recently modified their holdings of the business. Jennison Associates LLC boosted its holdings in Bilibili by 26.4% in the 4th quarter. Jennison Associates LLC now owns 2,285,264 shares of the company's stock worth $41,386,000 after buying an additional 477,740 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its holdings 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 last quarter. Trexquant Investment LP boosted its holdings in Bilibili by 9.3% in the 4th quarter. Trexquant Investment LP now owns 754,875 shares of the company's stock worth $13,671,000 after buying an additional 63,960 shares during the last quarter. Jump Financial LLC acquired a new stake in Bilibili in the 4th quarter worth about $11,584,000. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in Bilibili by 3,328.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 608,514 shares of the company's stock worth $11,020,000 after buying an additional 590,763 shares during the last quarter. 16.08% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several research firms recently issued reports on BILI. Barclays lifted their price objective on Bilibili from $24.00 to $25.00 and gave the stock an "overweight" rating in a report on Friday, February 21st. Benchmark boosted their target price on Bilibili from $24.00 to $30.00 and gave the stock a "buy" rating in a report on Friday, February 21st. Finally, Nomura Securities cut Bilibili from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 25th. Three equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, Bilibili has an average rating of "Moderate Buy" and a consensus price target of $21.11.
Read Our Latest Stock Report on BILI
Bilibili Stock Up 7.6%
BILI stock opened at $18.86 on Tuesday. The firm has a market cap of $7.86 billion, a PE ratio of -41.91 and a beta of 0.93. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.05 and a current ratio of 1.34. The firm's 50 day moving average price is $18.49 and its 200-day moving average price is $19.02. Bilibili Inc. has a one year low of $12.72 and a one year high of $31.77.
Bilibili (NASDAQ:BILI - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.03 by $0.02. The firm had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.05 billion. Bilibili had a negative net margin of 5.01% and a negative return on equity of 8.23%. On average, equities research analysts anticipate that Bilibili Inc. will post 0.16 EPS for the current year.
About Bilibili
(
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.
Further Reading

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