Bilibili Inc. (NASDAQ:BILI) Shares Bought by Barclays PLC

Barclays PLC raised its stake in shares of Bilibili Inc. (NASDAQ:BILI) by 13.5% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 127,563 shares of the company’s stock after buying an additional 15,136 shares during the period. Barclays PLC’s holdings in Bilibili were worth $2,982,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of BILI. First Beijing Investment Ltd boosted its stake in shares of Bilibili by 96.2% during the 3rd quarter. First Beijing Investment Ltd now owns 3,793,582 shares of the company’s stock worth $88,694,000 after acquiring an additional 1,860,496 shares in the last quarter. BNP Paribas Financial Markets boosted its position in Bilibili by 422.0% during the third quarter. BNP Paribas Financial Markets now owns 2,256,058 shares of the company’s stock worth $52,747,000 after purchasing an additional 1,823,829 shares in the last quarter. Quarry LP acquired a new stake in Bilibili in the second quarter valued at approximately $29,336,000. Jennison Associates LLC increased its position in shares of Bilibili by 208.4% in the third quarter. Jennison Associates LLC now owns 1,807,524 shares of the company’s stock valued at $42,260,000 after buying an additional 1,221,433 shares in the last quarter. Finally, Two Sigma Advisers LP increased its position in shares of Bilibili by 14,710.1% in the third quarter. Two Sigma Advisers LP now owns 1,762,400 shares of the company’s stock valued at $41,205,000 after buying an additional 1,750,500 shares in the last quarter. Institutional investors and hedge funds own 16.08% of the company’s stock.

Bilibili Stock Down 0.6 %

Shares of BILI opened at $19.19 on Wednesday. The stock has a fifty day simple moving average of $20.28 and a two-hundred day simple moving average of $17.89. The company has a market capitalization of $7.95 billion, a PE ratio of -20.86 and a beta of 0.80. Bilibili Inc. has a 52-week low of $8.80 and a 52-week high of $31.77.

Bilibili (NASDAQ:BILI) last released its quarterly earnings data on Thursday, November 14th. The company reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.47. Bilibili had a negative net margin of 10.73% and a negative return on equity of 15.17%. The firm had revenue of $7.31 billion during the quarter, compared to analysts’ expectations of $7.14 billion. During the same period last year, the business earned ($0.39) earnings per share. Bilibili’s revenue was up 25.8% compared to the same quarter last year. As a group, equities analysts anticipate that Bilibili Inc. will post -0.34 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

BILI has been the topic of a number of research analyst reports. Daiwa Capital Markets raised shares of Bilibili from a “neutral” rating to a “buy” rating in a research note on Friday, November 8th. Bank of America upped their price target on shares of Bilibili from $19.00 to $22.50 and gave the stock a “buy” rating in a research report on Friday, October 25th. Daiwa America upgraded Bilibili from a “hold” rating to a “strong-buy” rating in a report on Friday, November 8th. Morgan Stanley assumed coverage on Bilibili in a research note on Wednesday, September 25th. They set an “equal weight” rating and a $20.00 price objective for the company. Finally, Mizuho raised their target price on Bilibili from $17.00 to $21.00 and gave the company an “outperform” rating in a research report on Tuesday, November 12th. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $19.69.

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.