639,641 Shares in Bilibili Inc. (NASDAQ:BILI) Bought by Jump Financial LLC

Jump Financial LLC bought a new stake in shares of Bilibili Inc. (NASDAQ:BILI) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 639,641 shares of the company’s stock, valued at approximately $11,584,000. Jump Financial LLC owned approximately 0.15% of Bilibili at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in BILI. Jennison Associates LLC increased its holdings in shares of Bilibili by 26.4% in the 4th quarter. Jennison Associates LLC now owns 2,285,264 shares of the company’s stock valued at $41,386,000 after acquiring an additional 477,740 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its stake in Bilibili by 16.2% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,504,143 shares of the company’s stock worth $27,240,000 after acquiring an additional 209,963 shares during the period. Trexquant Investment LP lifted its holdings in Bilibili by 9.3% in the fourth quarter. Trexquant Investment LP now owns 754,875 shares of the company’s stock worth $13,671,000 after acquiring an additional 63,960 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in Bilibili by 3,328.1% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 608,514 shares of the company’s stock valued at $11,020,000 after acquiring an additional 590,763 shares during the period. Finally, Schroder Investment Management Group grew its position in shares of Bilibili by 8.1% during the fourth quarter. Schroder Investment Management Group now owns 531,047 shares of the company’s stock worth $9,771,000 after acquiring an additional 39,616 shares during the last quarter. 16.08% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Nomura Securities cut shares of Bilibili from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 25th. Barclays lifted their price objective 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. Finally, Benchmark raised their price objective on shares of Bilibili from $24.00 to $30.00 and gave the stock a “buy” rating in a research note on Friday, February 21st. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $21.11.

Bilibili Price Performance

NASDAQ:BILI opened at $17.01 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. Bilibili Inc. has a 12-month low of $10.84 and a 12-month high of $31.77. The stock’s 50 day moving average price is $19.71 and its two-hundred day moving average price is $19.78. The firm has a market capitalization of $7.09 billion, a price-to-earnings ratio of -37.80 and a beta of 0.95.

Bilibili (NASDAQ:BILI) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.05 EPS for the quarter, beating 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. On average, analysts anticipate that Bilibili Inc. will post 0.16 earnings per share for the current year.

About Bilibili

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.