Bilibili Inc. Sponsored ADR $BILI Shares Acquired by ABN Amro Investment Solutions

ABN Amro Investment Solutions boosted its stake in shares of Bilibili Inc. Sponsored ADR (NASDAQ:BILI) by 38.8% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 67,320 shares of the company’s stock after purchasing an additional 18,836 shares during the quarter. ABN Amro Investment Solutions’ holdings in Bilibili were worth $1,891,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in BILI. Farther Finance Advisors LLC raised its position in Bilibili by 226.9% in the third quarter. Farther Finance Advisors LLC now owns 2,187 shares of the company’s stock valued at $61,000 after purchasing an additional 1,518 shares during the period. Hantz Financial Services Inc. lifted its position in Bilibili by 253.0% in the third quarter. Hantz Financial Services Inc. now owns 3,639 shares of the company’s stock valued at $102,000 after acquiring an additional 2,608 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Bilibili by 25.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 5,295 shares of the company’s stock worth $114,000 after buying an additional 1,081 shares during the last quarter. Advisors Asset Management Inc. increased its stake in Bilibili by 19.0% in 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 period. Finally, Signaturefd LLC increased its position in Bilibili by 5.6% in the 3rd quarter. Signaturefd LLC now owns 9,538 shares of the company’s stock valued at $268,000 after acquiring an additional 503 shares during the period. 16.08% of the stock is currently owned by institutional investors and hedge funds.

Bilibili Stock Up 1.0%

Shares of NASDAQ:BILI opened at $30.60 on Tuesday. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 0.54. The company has a market capitalization of $12.79 billion, a P/E ratio of 122.40 and a beta of 0.73. Bilibili Inc. Sponsored ADR has a 52-week low of $14.47 and a 52-week high of $36.40. The stock’s fifty day simple moving average is $29.01 and its 200-day simple moving average is $27.14.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Wall Street Zen raised Bilibili from a “hold” rating to a “buy” rating in a report on Monday, February 9th. Bank of America dropped their price objective on shares of Bilibili from $32.00 to $31.00 and set a “buy” rating on the stock in a research note on Friday, November 28th. JPMorgan Chase & Co. lifted their target price on shares of Bilibili from $24.00 to $27.00 and gave the company a “neutral” rating in a report on Tuesday, November 18th. Weiss Ratings reissued a “hold (c-)” rating on shares of Bilibili in a research note on Wednesday, January 21st. Finally, Citigroup raised their price target on Bilibili from $25.00 to $27.00 and gave the company a “neutral” rating in a report on Friday, November 14th. Six investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Bilibili has an average rating of “Moderate Buy” and a consensus price target 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.