Bilibili Inc. Sponsored ADR $BILI Stock Holdings Raised by SG Americas Securities LLC

SG Americas Securities LLC grew its stake in Bilibili Inc. Sponsored ADR (NASDAQ:BILI) by 187.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 51,970 shares of the company’s stock after purchasing an additional 33,907 shares during the quarter. SG Americas Securities LLC’s holdings in Bilibili were worth $1,172,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Kestra Advisory Services LLC bought a new stake in Bilibili in the fourth quarter valued at about $43,000. JPMorgan Chase & Co. raised its stake in Bilibili by 25.7% during the second quarter. JPMorgan Chase & Co. now owns 5,295 shares of the company’s stock valued at $114,000 after buying an additional 1,081 shares in the last quarter. Hantz Financial Services Inc. lifted its holdings in Bilibili by 61.7% during the 4th quarter. Hantz Financial Services Inc. now owns 5,886 shares of the company’s stock worth $145,000 after buying an additional 2,247 shares during the last quarter. Bridgewater Advisors Inc. bought a new position in Bilibili during the 4th quarter worth approximately $175,000. Finally, Advisors Asset Management Inc. grew its position in shares of Bilibili by 26.1% in the 4th quarter. Advisors Asset Management Inc. now owns 8,092 shares of the company’s stock worth $199,000 after acquiring an additional 1,677 shares in the last quarter. Institutional investors own 16.08% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on BILI. Macquarie Infrastructure reiterated an “outperform” rating and issued a $30.00 price target on shares of Bilibili in a report on Tuesday, May 19th. Citigroup upgraded Bilibili from a “neutral” rating to a “buy” rating and set a $27.00 price objective on the stock in a research note on Friday, March 27th. Weiss Ratings downgraded shares of Bilibili from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, June 8th. Wall Street Zen lowered shares of Bilibili from a “buy” rating to a “hold” rating in a research note on Sunday, April 26th. Finally, JPMorgan Chase & Co. raised shares of Bilibili from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $27.00 to $35.00 in a report on Tuesday, March 17th. Nine investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $30.78.

Bilibili Stock Performance

Shares of NASDAQ BILI opened at $17.14 on Friday. The company has a market cap of $7.11 billion, a price-to-earnings ratio of 38.09 and a beta of 0.70. Bilibili Inc. Sponsored ADR has a 12-month low of $15.79 and a 12-month high of $36.40. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.30. The stock’s 50 day simple moving average is $18.77 and its 200 day simple moving average is $24.39.

Bilibili (NASDAQ:BILI) last released its quarterly earnings data on Saturday, May 16th. The company reported $0.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.02. Bilibili had a return on equity of 10.81% and a net margin of 4.58%.The business had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.09 billion. During the same quarter in the previous year, the firm posted $0.85 EPS. The business’s revenue for the quarter was up 6.7% compared to the same quarter last year. Equities research analysts expect that Bilibili Inc. Sponsored ADR will post 0.61 EPS for the current year.

Bilibili Profile

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.