XY Capital Ltd Has $3.04 Million Stock Holdings in Bilibili Inc. Sponsored ADR $BILI

XY Capital Ltd lowered its holdings in shares of Bilibili Inc. Sponsored ADR (NASDAQ:BILI) by 25.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 123,541 shares of the company’s stock after selling 42,839 shares during the period. Bilibili makes up about 1.9% of XY Capital Ltd’s holdings, making the stock its 12th biggest position. XY Capital Ltd’s holdings in Bilibili were worth $3,038,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in BILI. JPMorgan Chase & Co. grew its stake in Bilibili by 25.7% in the second quarter. JPMorgan Chase & Co. now owns 5,295 shares of the company’s stock valued at $114,000 after acquiring an additional 1,081 shares during the period. Hantz Financial Services Inc. grew its stake in Bilibili by 61.7% in the fourth quarter. Hantz Financial Services Inc. now owns 5,886 shares of the company’s stock valued at $145,000 after acquiring an additional 2,247 shares during the period. Bridgewater Advisors Inc. acquired a new stake in Bilibili in the fourth quarter valued at approximately $175,000. Advisors Preferred LLC acquired a new stake in Bilibili in the third quarter valued at approximately $213,000. Finally, Compound Planning Inc. acquired a new stake in Bilibili in the third quarter valued at approximately $224,000. Institutional investors and hedge funds own 16.08% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on BILI shares. Morgan Stanley upgraded Bilibili from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $25.00 to $31.00 in a report on Monday, April 13th. Benchmark reissued a “buy” rating on shares of Bilibili in a research report on Wednesday, May 20th. Macquarie Infrastructure reiterated an “outperform” rating and issued a $30.00 price target on shares of Bilibili in a research report on Tuesday, May 19th. Citigroup upgraded Bilibili from a “neutral” rating to a “buy” rating and set a $27.00 target price for the company in a research report on Friday, March 27th. Finally, JPMorgan Chase & Co. raised shares of Bilibili from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $27.00 to $35.00 in a report on Tuesday, March 17th. Nine analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Bilibili has an average rating of “Moderate Buy” and a consensus price target of $30.78.

Bilibili Trading Up 1.5%

NASDAQ BILI opened at $18.36 on Friday. Bilibili Inc. Sponsored ADR has a 1-year low of $16.92 and a 1-year high of $36.40. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.30. The stock has a 50-day moving average of $20.99 and a 200-day moving average of $25.38. The firm has a market cap of $7.61 billion, a PE ratio of 40.80 and a beta of 0.71.

Bilibili (NASDAQ:BILI) last released its earnings results on Saturday, May 16th. The company reported $0.19 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.02. Bilibili had a return on equity of 10.81% and a net margin of 4.58%.The company had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.09 billion. During the same quarter in the previous year, the company posted $0.85 EPS. Bilibili’s revenue for the quarter was up 6.7% on a year-over-year basis. As a group, sell-side analysts forecast that Bilibili Inc. Sponsored ADR will post 0.61 EPS for the current year.

Bilibili Company Profile

Bilibili (NASDAQ: BILI) is a leading Chinese online entertainment platform renowned for its focus on animation, comics and games (ACG) content. The company operates a video-sharing website where users can view, upload and comment on a wide range of content, from full-length anime episodes to user-generated short videos. In addition to on-demand streaming, Bilibili offers live broadcasting services that connect creators with fans through real-time interaction features such as “bullet comments” that flow across the screen.

Beyond its core video community, Bilibili generates revenue through multiple value-added services.