XY Capital Ltd Has $4.32 Million Position in Bilibili Inc. Sponsored ADR $BILI

XY Capital Ltd raised its holdings in Bilibili Inc. Sponsored ADR (NASDAQ:BILI) by 148.1% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 253,880 shares of the company’s stock after acquiring an additional 151,563 shares during the period. Bilibili makes up 4.2% of XY Capital Ltd’s investment portfolio, making the stock its 6th largest position. XY Capital Ltd owned about 0.06% of Bilibili worth $4,324,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of BILI. Royal Bank of Canada lifted its position in shares of Bilibili by 1.2% in the 1st quarter. Royal Bank of Canada now owns 87,505 shares of the company’s stock worth $1,672,000 after purchasing an additional 1,014 shares during the period. Geode Capital Management LLC boosted its position in Bilibili by 0.7% in the second quarter. Geode Capital Management LLC now owns 103,666 shares of the company’s stock worth $2,224,000 after purchasing an additional 713 shares during the last quarter. Cetera Investment Advisers bought a new stake in shares of Bilibili during the 2nd quarter valued at $398,000. JPMorgan Chase & Co. increased its holdings in Bilibili by 25.7% in the 2nd 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. Finally, Norges Bank bought a new stake in Bilibili during the second quarter valued at about $244,000. 16.08% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on BILI shares. Weiss Ratings raised shares of Bilibili from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, August 31st. Benchmark reaffirmed a “buy” rating on shares of Bilibili in a research report on Friday, August 28th. Morgan Stanley restated an “overweight” rating and issued a $27.00 price objective on shares of Bilibili in a report on Thursday, August 27th. Piper Sandler set a $29.00 target price on Bilibili in a research report on Friday, August 28th. Finally, Macquarie Infrastructure reiterated an “outperform” rating and set a $30.00 price objective on shares of Bilibili in a research note on Tuesday, May 19th. Eight analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $30.44.

Bilibili Trading Down 1.7%

Shares of BILI opened at $15.23 on Friday. Bilibili Inc. Sponsored ADR has a 52-week low of $15.16 and a 52-week high of $36.40. The stock has a market cap of $6.32 billion, a PE ratio of 31.08, a price-to-earnings-growth ratio of 1.37 and a beta of 0.71. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.29. The firm’s fifty day moving average is $17.51 and its two-hundred day moving average is $20.69.

Bilibili (NASDAQ:BILI) last announced its quarterly earnings data on Saturday, August 15th. The company reported $0.23 earnings per share (EPS) for the quarter. Bilibili had a net margin of 4.88% and a return on equity of 11.42%. The firm had revenue of $1.17 billion during the quarter. Research analysts forecast that Bilibili Inc. Sponsored ADR will post 0.6 earnings per share for the current fiscal year.

Bilibili Company 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.