SG Americas Securities LLC Has $770,000 Stake in Bilibili Inc. Sponsored ADR $BILI

SG Americas Securities LLC lifted its stake in Bilibili Inc. Sponsored ADR (NASDAQ:BILI) by 181.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 27,412 shares of the company’s stock after purchasing an additional 17,685 shares during the quarter. SG Americas Securities LLC’s holdings in Bilibili were worth $770,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC boosted its stake in shares of Bilibili by 226.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,187 shares of the company’s stock valued at $61,000 after buying an additional 1,518 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Bilibili by 25.7% during the second quarter. JPMorgan Chase & Co. now owns 5,295 shares of the company’s stock worth $114,000 after acquiring an additional 1,081 shares in the last quarter. Advisors Asset Management Inc. boosted its position in Bilibili by 19.0% during the second quarter. Advisors Asset Management Inc. now owns 6,285 shares of the company’s stock valued at $135,000 after purchasing an additional 1,005 shares during the last quarter. Greenleaf Trust acquired a new stake in Bilibili during the second quarter valued at $213,000. Finally, Mirae Asset Global Investments Co. Ltd. grew its stake in Bilibili by 7.7% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 9,970 shares of the company’s stock valued at $214,000 after purchasing an additional 709 shares in the last quarter. 16.08% of the stock is owned by hedge funds and other institutional investors.

Bilibili Trading Down 6.8%

NASDAQ:BILI opened at $30.27 on Wednesday. The company’s 50 day moving average is $26.61 and its 200-day moving average is $25.94. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 0.54. Bilibili Inc. Sponsored ADR has a 12 month low of $14.47 and a 12 month high of $33.74. The firm has a market cap of $12.65 billion, a price-to-earnings ratio of 121.08 and a beta of 0.66.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. Sanford C. Bernstein lifted their price target on Bilibili from $28.00 to $32.00 and gave the company an “outperform” rating in a report on Thursday, October 23rd. Barclays lifted their target price on shares of Bilibili from $28.00 to $34.00 and gave the company an “overweight” rating in a research note on Friday, November 14th. Wall Street Zen lowered shares of Bilibili from a “buy” rating to a “hold” rating in a research note on Saturday, January 3rd. Macquarie started coverage on shares of Bilibili in a report on Tuesday, October 14th. They set an “outperform” rating and a $36.03 price target on the stock. Finally, JPMorgan Chase & Co. upped their price objective on shares of Bilibili from $24.00 to $27.00 and gave the stock a “neutral” rating in a report on Tuesday, November 18th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $29.61.

About Bilibili

Bilibili (NASDAQ: BILI) is a leading Chinese online entertainment platform renowned for its focus on animation, comics and games (ACG) content. The company operates a video-sharing website where users can view, upload and comment on a wide range of content, from full-length anime episodes to user-generated short videos. In addition to on-demand streaming, Bilibili offers live broadcasting services that connect creators with fans through real-time interaction features such as “bullet comments” that flow across the screen.

Beyond its core video community, Bilibili generates revenue through multiple value-added services.