Guggenheim Capital LLC Has $213,000 Position in Bilibili Inc. (NASDAQ:BILI)

Guggenheim Capital LLC cut its position in Bilibili Inc. (NASDAQ:BILI) by 31.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,750 shares of the company’s stock after selling 5,283 shares during the period. Guggenheim Capital LLC’s holdings in Bilibili were worth $213,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Avior Wealth Management LLC raised its holdings in Bilibili by 1,817.7% in the fourth quarter. Avior Wealth Management LLC now owns 1,515 shares of the company’s stock worth $27,000 after purchasing an additional 1,436 shares during the period. Federated Hermes Inc. acquired a new stake in Bilibili in the fourth quarter worth $55,000. Blue Trust Inc. raised its holdings in Bilibili by 147.8% in the fourth quarter. Blue Trust Inc. now owns 3,179 shares of the company’s stock worth $58,000 after purchasing an additional 1,896 shares during the period. Rakuten Securities Inc. raised its holdings in Bilibili by 145.8% in the fourth quarter. Rakuten Securities Inc. now owns 9,124 shares of the company’s stock worth $165,000 after purchasing an additional 5,412 shares during the period. Finally, XTX Topco Ltd acquired a new stake in Bilibili in the fourth quarter worth $227,000. 16.08% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have weighed in on BILI. Barclays increased their target price on shares of Bilibili from $24.00 to $25.00 and gave the stock an “overweight” rating in a report on Friday, February 21st. Benchmark increased their price objective on shares of Bilibili from $24.00 to $30.00 and gave the stock a “buy” rating in a research report on Friday, February 21st. Finally, Nomura Securities downgraded shares of Bilibili from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 25th. Three analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Bilibili currently has an average rating of “Moderate Buy” and an average price target of $21.11.

Bilibili Price Performance

NASDAQ:BILI opened at $17.27 on Tuesday. The company has a quick ratio of 1.05, a current ratio of 1.34 and a debt-to-equity ratio of 0.23. The stock’s 50 day moving average price is $19.15 and its two-hundred day moving average price is $19.19. The firm has a market capitalization of $7.19 billion, a price-to-earnings ratio of -38.38 and a beta of 0.95. Bilibili Inc. has a 12-month low of $12.31 and a 12-month high of $31.77.

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

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.