Bilibili Inc. (NASDAQ:BILI) Shares Purchased by Quantinno Capital Management LP

Quantinno Capital Management LP raised its holdings in Bilibili Inc. (NASDAQ:BILI) by 17.1% during the third quarter, HoldingsChannel.com reports. The firm owned 23,557 shares of the company’s stock after buying an additional 3,439 shares during the period. Quantinno Capital Management LP’s holdings in Bilibili were worth $551,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Signaturefd LLC grew its stake in Bilibili by 6.5% in the third quarter. Signaturefd LLC now owns 9,731 shares of the company’s stock worth $228,000 after purchasing an additional 598 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Bilibili by 26.3% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,528 shares of the company’s stock valued at $82,000 after acquiring an additional 735 shares during the last quarter. CWM LLC raised its position in shares of Bilibili by 61.9% during the 2nd quarter. CWM LLC now owns 2,232 shares of the company’s stock valued at $34,000 after acquiring an additional 853 shares in the last quarter. Blue Trust Inc. lifted its stake in Bilibili by 227.3% during the third quarter. Blue Trust Inc. now owns 1,283 shares of the company’s stock worth $30,000 after purchasing an additional 891 shares during the last quarter. Finally, SG Americas Securities LLC boosted its holdings in Bilibili by 4.9% in the second quarter. SG Americas Securities LLC now owns 33,711 shares of the company’s stock worth $520,000 after purchasing an additional 1,569 shares during the period. 16.08% of the stock is currently owned by hedge funds and other institutional investors.

Bilibili Stock Down 2.2 %

BILI stock opened at $19.81 on Friday. The company has a market capitalization of $8.21 billion, a P/E ratio of -21.53 and a beta of 0.80. The company has a 50-day simple moving average of $20.72 and a 200 day simple moving average of $17.66. Bilibili Inc. has a fifty-two week low of $8.80 and a fifty-two week high of $31.77.

Bilibili (NASDAQ:BILI) last issued its quarterly earnings results on Thursday, November 14th. The company reported $0.57 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.47. Bilibili had a negative net margin of 10.73% and a negative return on equity of 15.17%. The company had revenue of $7.31 billion during the quarter, compared to analyst estimates of $7.14 billion. During the same period in the prior year, the business posted ($0.39) EPS. The business’s revenue for the quarter was up 25.8% compared to the same quarter last year. Equities analysts anticipate that Bilibili Inc. will post -0.34 EPS for the current year.

Analyst Ratings Changes

BILI has been the subject of several research reports. Morgan Stanley began coverage on shares of Bilibili in a report on Wednesday, September 25th. They issued an “equal weight” rating and a $20.00 price target for the company. Daiwa America upgraded Bilibili from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 8th. Sanford C. Bernstein boosted their price objective on Bilibili from $12.00 to $13.00 and gave the company a “market perform” rating in a research report on Friday, August 23rd. Barclays increased their target price on Bilibili from $19.00 to $24.00 and gave the stock an “overweight” rating in a research report on Monday, November 18th. Finally, Daiwa Capital Markets raised shares of Bilibili from a “neutral” rating to a “buy” rating in a report on Friday, November 8th. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $19.69.

Bilibili Company Profile

Bilibili Inc provides online entertainment services for the young generations in the People's Republic of China. It offers a range of digital content, including professional user generated videos, mobile games, and value-added services, such as live broadcasting, occupationally generated videos, audio drama on Maoer, and comics on Bilibili Comic.