3,036 Shares in Bilibili Inc. (NASDAQ:BILI) Purchased by Federated Hermes Inc.

Federated Hermes Inc. purchased a new position in Bilibili Inc. (NASDAQ:BILI) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 3,036 shares of the company’s stock, valued at approximately $55,000.

A number of other institutional investors also recently bought and sold shares of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Bilibili by 26.3% during the third 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 purchasing an additional 735 shares during the last quarter. Barclays PLC boosted its stake in shares of Bilibili by 13.5% in the third quarter. Barclays PLC now owns 127,563 shares of the company’s stock worth $2,982,000 after buying an additional 15,136 shares during the last quarter. Avior Wealth Management LLC grew its holdings in Bilibili by 1,817.7% during the fourth quarter. Avior Wealth Management LLC now owns 1,515 shares of the company’s stock worth $27,000 after acquiring an additional 1,436 shares during the period. Blue Trust Inc. raised its position in Bilibili by 147.8% during the fourth quarter. Blue Trust Inc. now owns 3,179 shares of the company’s stock valued at $58,000 after acquiring an additional 1,896 shares in the last quarter. Finally, Matthews International Capital Management LLC lifted its holdings in Bilibili by 11.3% in the fourth quarter. Matthews International Capital Management LLC now owns 351,423 shares of the company’s stock valued at $6,364,000 after acquiring an additional 35,692 shares during the period. 16.08% of the stock is owned by hedge funds and other institutional investors.

Bilibili Stock Up 0.1 %

NASDAQ BILI opened at $16.21 on Friday. The business has a fifty day moving average price of $19.57 and a 200 day moving average price of $19.54. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.05 and a current ratio of 1.34. The company has a market cap of $6.75 billion, a P/E ratio of -36.02 and a beta of 0.95. Bilibili Inc. has a one year low of $11.05 and a one year high of $31.77.

Bilibili (NASDAQ:BILI) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.05 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.02. Bilibili had a negative net margin of 5.01% and a negative return on equity of 8.23%. The firm had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.05 billion. Research analysts anticipate that Bilibili Inc. will post 0.16 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Barclays boosted their target price on shares of Bilibili from $24.00 to $25.00 and gave the company an “overweight” rating in a research note on Friday, February 21st. Nomura Securities cut Bilibili from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 25th. Finally, Benchmark upped their price target on Bilibili from $24.00 to $30.00 and gave the stock a “buy” rating in a report on Friday, February 21st. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $21.11.

Bilibili 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.