Bilibili Inc. Sponsored ADR $BILI Shares Sold by Dymon Asia Capital Singapore PTE. LTD.

Dymon Asia Capital Singapore PTE. LTD. trimmed its position in Bilibili Inc. Sponsored ADR (NASDAQ:BILI) by 91.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 19,055 shares of the company’s stock after selling 193,665 shares during the period. Dymon Asia Capital Singapore PTE. LTD.’s holdings in Bilibili were worth $469,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Pictet Asset Management Holding SA raised its stake in shares of Bilibili by 3.2% in the 4th quarter. Pictet Asset Management Holding SA now owns 13,000 shares of the company’s stock worth $320,000 after buying an additional 400 shares in the last quarter. Geode Capital Management LLC grew its holdings in Bilibili by 0.4% during the fourth quarter. Geode Capital Management LLC now owns 104,063 shares of the company’s stock worth $2,559,000 after acquiring an additional 410 shares during the period. AdvisorShares Investments LLC grew its holdings in Bilibili by 3.3% during the fourth quarter. AdvisorShares Investments LLC now owns 14,018 shares of the company’s stock worth $345,000 after acquiring an additional 442 shares during the period. Russell Investments Group Ltd. raised its position in Bilibili by 0.3% in the third quarter. Russell Investments Group Ltd. now owns 173,458 shares of the company’s stock worth $4,872,000 after acquiring an additional 489 shares in the last quarter. Finally, Ieq Capital LLC raised its position in Bilibili by 4.1% in the fourth quarter. Ieq Capital LLC now owns 13,829 shares of the company’s stock worth $340,000 after acquiring an additional 544 shares in the last quarter. 16.08% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently weighed in on BILI. Benchmark restated a “buy” rating on shares of Bilibili in a research report on Wednesday, May 20th. Wall Street Zen lowered shares of Bilibili from a “buy” rating to a “hold” rating in a research note on Sunday, April 26th. Morgan Stanley upgraded shares of Bilibili from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $25.00 to $31.00 in a report on Monday, April 13th. JPMorgan Chase & Co. upgraded shares of Bilibili from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $27.00 to $35.00 in a research report on Tuesday, March 17th. Finally, Citigroup upgraded Bilibili from a “neutral” rating to a “buy” rating and set a $27.00 price objective for the company in a research report on Friday, March 27th. Nine research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Bilibili has an average rating of “Moderate Buy” and a consensus target price of $30.78.

Bilibili Stock Performance

Shares of NASDAQ BILI opened at $17.86 on Friday. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $7.41 billion, a price-to-earnings ratio of 39.69 and a beta of 0.71. The stock’s fifty day simple moving average is $20.89 and its 200 day simple moving average is $25.33. Bilibili Inc. Sponsored ADR has a 52-week low of $16.92 and a 52-week high of $36.40.

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