Dymon Asia Capital Singapore PTE. LTD. Has $469,000 Stock Holdings in Bilibili Inc. Sponsored ADR $BILI

Dymon Asia Capital Singapore PTE. LTD. lessened its holdings in Bilibili Inc. Sponsored ADR (NASDAQ:BILI) by 91.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 19,055 shares of the company’s stock after selling 193,665 shares during the quarter. Dymon Asia Capital Singapore PTE. LTD.’s holdings in Bilibili were worth $469,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Pictet Asset Management Holding SA boosted its position in shares of Bilibili by 3.2% in the fourth quarter. Pictet Asset Management Holding SA now owns 13,000 shares of the company’s stock worth $320,000 after buying an additional 400 shares during the period. Geode Capital Management LLC boosted its position in shares of Bilibili by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 104,063 shares of the company’s stock worth $2,559,000 after buying an additional 410 shares during the period. AdvisorShares Investments LLC boosted its position in shares of Bilibili by 3.3% in the fourth quarter. AdvisorShares Investments LLC now owns 14,018 shares of the company’s stock worth $345,000 after buying an additional 442 shares during the period. Russell Investments Group Ltd. boosted its position in shares of Bilibili by 0.3% in the third quarter. Russell Investments Group Ltd. now owns 173,458 shares of the company’s stock worth $4,872,000 after buying an additional 489 shares during the period. Finally, Ieq Capital LLC boosted its position in shares of Bilibili by 4.1% in the fourth quarter. Ieq Capital LLC now owns 13,829 shares of the company’s stock worth $340,000 after buying an additional 544 shares during the period. Institutional investors and hedge funds own 16.08% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Morgan Stanley raised Bilibili from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $25.00 to $31.00 in a research report on Monday, April 13th. Macquarie Infrastructure reaffirmed an “outperform” rating and issued a $30.00 target price on shares of Bilibili in a research report on Tuesday, May 19th. Citigroup raised Bilibili from a “neutral” rating to a “buy” rating and set a $27.00 price objective for the company in a research report on Friday, March 27th. Benchmark restated a “buy” rating on shares of Bilibili in a research note on Wednesday, May 20th. Finally, Wall Street Zen lowered Bilibili from a “buy” rating to a “hold” rating in a research report on Sunday, April 26th. Nine equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, Bilibili has an average rating of “Moderate Buy” and an average price target of $30.78.

Bilibili Trading Down 2.7%

NASDAQ:BILI opened at $17.86 on Friday. The stock’s 50 day moving average price is $20.89 and its 200 day moving average price is $25.33. Bilibili Inc. Sponsored ADR has a 52 week low of $16.92 and a 52 week high of $36.40. The company has a market capitalization of $7.41 billion, a P/E ratio of 39.69 and a beta of 0.71. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.35 and a current ratio of 1.35.

Bilibili (NASDAQ:BILI) last released its quarterly earnings data on Saturday, May 16th. The company reported $0.19 EPS for the quarter, topping 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 firm had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter in the prior year, the company posted $0.85 earnings per share. The firm’s revenue was up 6.7% on a year-over-year basis. On average, research analysts forecast that Bilibili Inc. Sponsored ADR will post 0.61 EPS for the current fiscal 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.