Avior Wealth Management LLC Has $27,000 Holdings in Bilibili Inc. (NASDAQ:BILI)

Avior Wealth Management LLC raised its stake in shares of Bilibili Inc. (NASDAQ:BILI) by 1,817.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,515 shares of the company’s stock after acquiring an additional 1,436 shares during the quarter. Avior Wealth Management LLC’s holdings in Bilibili were worth $27,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in BILI. Signaturefd LLC lifted its position in shares of Bilibili by 6.5% during the 3rd quarter. Signaturefd LLC now owns 9,731 shares of the company’s stock worth $228,000 after purchasing an additional 598 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in 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 worth $82,000 after buying an additional 735 shares during the period. Blue Trust Inc. lifted its holdings in shares of 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 buying an additional 891 shares during the last quarter. Creative Planning boosted its position in shares of Bilibili by 6.7% in the second quarter. Creative Planning now owns 25,819 shares of the company’s stock valued at $399,000 after acquiring an additional 1,632 shares during the period. Finally, TD Private Client Wealth LLC acquired a new stake in shares of Bilibili in the third quarter worth $53,000. Institutional investors and hedge funds own 16.08% of the company’s stock.

Bilibili Stock Performance

Shares of BILI opened at $17.59 on Friday. The business’s fifty day moving average price is $18.34 and its two-hundred day moving average price is $18.13. The firm has a market capitalization of $7.29 billion, a price-to-earnings ratio of -19.12 and a beta of 0.81. Bilibili Inc. has a 52 week low of $8.81 and a 52 week high of $31.77.

Bilibili (NASDAQ:BILI) last announced its quarterly earnings results on Thursday, November 14th. The company reported $0.57 earnings per share for the quarter, beating 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 business had revenue of $7.31 billion for the quarter, compared to the consensus estimate of $7.14 billion. During the same period last year, the company posted ($0.39) EPS. Bilibili’s revenue for the quarter was up 25.8% on a year-over-year basis. As a group, research analysts forecast that Bilibili Inc. will post -0.27 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on BILI. Daiwa America raised shares of Bilibili from a “hold” rating to a “strong-buy” rating in a report on Friday, November 8th. Bank of America lifted their target price on Bilibili from $19.00 to $22.50 and gave the stock a “buy” rating in a research report on Friday, October 25th. Daiwa Capital Markets raised Bilibili from a “neutral” rating to a “buy” rating in a report on Friday, November 8th. Mizuho lifted their price objective on Bilibili from $17.00 to $21.00 and gave the stock an “outperform” rating in a report on Tuesday, November 12th. Finally, Barclays upped their target price on Bilibili from $19.00 to $24.00 and gave the company an “overweight” rating in a research note on Monday, November 18th. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $19.69.

About Bilibili

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.