Signaturefd LLC Purchases 4,050 Shares of Bilibili Inc. (NASDAQ:BILI)

Signaturefd LLC grew its position in Bilibili Inc. (NASDAQ:BILIGet Rating) by 144.3% in the first quarter, Holdings Channel.com reports. The fund owned 6,857 shares of the company’s stock after buying an additional 4,050 shares during the period. Signaturefd LLC’s holdings in Bilibili were worth $175,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently modified their holdings of BILI. CWM LLC bought a new stake in shares of Bilibili in the 4th quarter worth approximately $27,000. Harel Insurance Investments & Financial Services Ltd. lifted its position in shares of Bilibili by 143.4% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 594 shares of the company’s stock worth $28,000 after acquiring an additional 350 shares during the period. Lindbrook Capital LLC lifted its position in shares of Bilibili by 278.1% during the 1st quarter. Lindbrook Capital LLC now owns 1,259 shares of the company’s stock worth $32,000 after buying an additional 926 shares during the period. Parallel Advisors LLC lifted its position in shares of Bilibili by 39.4% during the 1st quarter. Parallel Advisors LLC now owns 1,822 shares of the company’s stock worth $51,000 after buying an additional 515 shares during the period. Finally, Quadrant Capital Group LLC lifted its position in shares of Bilibili by 116.3% during the 4th quarter. Quadrant Capital Group LLC now owns 1,460 shares of the company’s stock worth $68,000 after buying an additional 785 shares during the period. Institutional investors own 40.49% of the company’s stock.

Analyst Ratings Changes

BILI has been the subject of several analyst reports. CLSA cut their target price on Bilibili from $33.40 to $25.30 and set an “outperform” rating for the company in a research report on Wednesday, May 25th. Citigroup cut their target price on Bilibili from $46.00 to $45.00 and set a “buy” rating for the company in a research report on Friday, June 10th. Barclays raised their target price on Bilibili from $24.00 to $26.00 and gave the stock an “equal weight” rating in a research report on Friday, June 10th. JPMorgan Chase & Co. raised their target price on Bilibili from $19.00 to $25.00 in a research report on Monday, June 13th. Finally, The Goldman Sachs Group started coverage on Bilibili in a research report on Sunday, April 10th. They set a “hold” rating and a $35.00 target price for the company. Seven research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $50.73.

Bilibili Stock Down 5.2 %

NASDAQ BILI opened at $25.59 on Monday. The stock has a fifty day moving average of $24.76 and a 200-day moving average of $27.51. The stock has a market capitalization of $10.00 billion, a P/E ratio of -7.85 and a beta of 1.11. Bilibili Inc. has a 52 week low of $14.93 and a 52 week high of $100.55. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.71 and a current ratio of 2.71.

Bilibili (NASDAQ:BILIGet Rating) last released its earnings results on Thursday, June 9th. The company reported ($0.77) EPS for the quarter, missing the consensus estimate of ($0.71) by ($0.06). The firm had revenue of $5.05 billion during the quarter, compared to analyst estimates of $5.05 billion. Bilibili had a negative net margin of 39.78% and a negative return on equity of 34.71%. The firm’s quarterly revenue was up 29.6% on a year-over-year basis. During the same period last year, the business posted ($0.39) earnings per share. On average, equities research analysts forecast that Bilibili Inc. will post -2.91 EPS for the current year.

Bilibili Company Profile

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Bilibili Inc provides online entertainment services for the young generations in the People's Republic of China. Its platform offers a range of content, including video services, mobile games, and value-added service, as well as ACG-related comic and audio content. The company's video services include professional user generated videos, occupationally generated videos, and live broadcasting.

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Institutional Ownership by Quarter for Bilibili (NASDAQ:BILI)

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