Bilibili Inc. Sponsored ADR $BILI Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC grew its position in Bilibili Inc. Sponsored ADR (NASDAQ:BILI) by 187.7% in the 1st quarter, Holdings Channel.com reports. The firm owned 51,970 shares of the company’s stock after buying an additional 33,907 shares during the period. SG Americas Securities LLC’s holdings in Bilibili were worth $1,172,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Morgan Stanley raised its holdings in shares of Bilibili by 187.2% during the fourth quarter. Morgan Stanley now owns 3,846,849 shares of the company’s stock valued at $94,594,000 after buying an additional 2,507,321 shares during the last quarter. Step Capital Management Pte. Ltd. acquired a new position in shares of Bilibili during the fourth quarter worth approximately $24,590,000. SIH Partners LLLP grew its holdings in Bilibili by 327.1% in the 4th quarter. SIH Partners LLLP now owns 1,021,800 shares of the company’s stock worth $25,126,000 after buying an additional 782,540 shares in the last quarter. MY.Alpha Management HK Advisors Ltd bought a new position in Bilibili in the 4th quarter worth approximately $16,620,000. Finally, Panagora Asset Management Inc. increased its position in Bilibili by 138.0% in the 4th quarter. Panagora Asset Management Inc. now owns 869,388 shares of the company’s stock valued at $21,378,000 after acquiring an additional 504,070 shares during the period. Institutional investors and hedge funds own 16.08% of the company’s stock.

Analyst Ratings Changes

Several analysts have weighed in on the company. Wall Street Zen downgraded Bilibili from a “buy” rating to a “hold” rating in a research note on Sunday, April 26th. Benchmark reissued a “buy” rating on shares of Bilibili in a research note on Wednesday, May 20th. Morgan Stanley raised Bilibili from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $25.00 to $31.00 in a report on Monday, April 13th. Weiss Ratings cut shares of Bilibili from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, June 8th. Finally, Macquarie Infrastructure reaffirmed an “outperform” rating and issued a $30.00 price objective on shares of Bilibili in a report on Tuesday, May 19th. Nine investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, Bilibili has an average rating of “Moderate Buy” and a consensus target price of $30.78.

Bilibili Stock Performance

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

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

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.