2 weeks Ago By Defense World Staff
Rhumbline Advisers trimmed its position in Bilibili Inc. ( NASDAQ:BILI – Free Report ) by 28.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.
The institutional investor owned 4,096 shares of the company’s stock after selling 1,605 shares during the quarter. Rhumbline Advisers’ holdings in Bilibili were worth $63,000 at the end of the most recent reporting period. A number of other large investors have also modified their holdings of the company.
CWM LLC lifted 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 worth $34,000 after buying an additional 853 shares during the period.
Parallel Advisors LLC lifted its holdings in shares of Bilibili by 62.6% during the fourth quarter. Parallel Advisors LLC now owns 4,503 shares of the company’s stock valued at $55,000 after acquiring an additional 1,734 shares during the period.
Sandia Investment Management LP bought a new position in shares of Bilibili during the first quarter valued at $112,000. Acadian Asset Management LLC acquired a new stake in shares of Bilibili in the 1st quarter valued at $408,000. Finally, Susquehanna International Group Ltd.
increased its position in shares of Bilibili by 77.5% during the 1st quarter. Susquehanna International Group Ltd.
now owns 38,246 shares of the company’s stock worth $428,000 after purchasing an additional 16,699 shares in the last quarter. 16.08% of the stock is currently owned by institutional investors and hedge funds.
Bilibili Stock Up 2.0 % NASDAQ:BILI opened at $23.38 on Tuesday.
Bilibili Inc. has a 12-month low of $8.80 and a 12-month high of $25.
16. The firm has a market capitalization of $9.66 billion, a price-to-earnings ratio of -14.
92 and a beta of 0.83. The stock’s 50 day moving average price is $15.
16 and its two-hundred day moving average price is $14.40. Wall Street Analysts Forecast Growth A number of research firms have recently issued reports on BILI.
Daiwa Capital Markets upgraded shares of Bilibili from a “neutral” rating to an “outperform” rating in a research note on Thursday, August 22nd. Nomura Securities upgraded Bilibili from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 22nd. Morgan Stanley began coverage on Bilibili in a report on Wednesday, September 25th.
They set an “equal weight” rating and a $20.00 target price on the stock. Daiwa America upgraded Bilibili from a “moderate buy” rating to a “strong-buy” rating in a research note on Thursday, August 22nd.
Finally, Bank of America upped their price target on shares of Bilibili from $18.00 to $19.00 and gave the stock a “buy” rating in a research report on Tuesday, September 3rd.
Three equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $17.
83. Read Our Latest Report on Bilibili Bilibili Company Profile ( Free Report ) 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.
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