Bilibili Inc. (NASDAQ:BILI) Shares Purchased by Trexquant Investment LP

Trexquant Investment LP increased its holdings in Bilibili Inc. (NASDAQ:BILI) by 9.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 754,875 shares of the company’s stock after buying an additional 63,960 shares during the quarter. Trexquant Investment LP owned about 0.18% of Bilibili worth $13,671,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Avior Wealth Management LLC boosted its holdings in shares of Bilibili by 1,817.7% in the 4th quarter. Avior Wealth Management LLC now owns 1,515 shares of the company’s stock valued at $27,000 after acquiring an additional 1,436 shares during the last quarter. TD Private Client Wealth LLC acquired a new position in Bilibili during the third quarter valued at $53,000. Blue Trust Inc. boosted its holdings in Bilibili by 147.8% in 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 during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Bilibili by 26.3% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,528 shares of the company’s stock valued at $82,000 after purchasing an additional 735 shares during the last quarter. Finally, Rakuten Securities Inc. grew its position 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. Institutional investors and hedge funds own 16.08% of the company’s stock.

Bilibili Stock Performance

NASDAQ:BILI opened at $18.99 on Wednesday. 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 stock has a market capitalization of $7.87 billion, a PE ratio of -42.20 and a beta of 0.93. Bilibili Inc. has a fifty-two week low of $10.79 and a fifty-two week high of $31.77. The company has a fifty day moving average of $19.82 and a two-hundred day moving average of $19.86.

Bilibili (NASDAQ:BILI) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.05 earnings per share 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 the consensus estimate of $1.05 billion. Bilibili had a negative net margin of 5.01% and a negative return on equity of 8.23%. As a group, research analysts forecast that Bilibili Inc. will post 0.16 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

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

About Bilibili

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.