12,100 Shares in Bilibili Inc. Sponsored ADR $BILI Acquired by Mizuho Securities Co. Ltd.

Mizuho Securities Co. Ltd. purchased a new position in Bilibili Inc. Sponsored ADR (NASDAQ:BILI) during the second quarter, Holdings Channel reports. The fund purchased 12,100 shares of the company’s stock, valued at approximately $260,000. Bilibili accounts for 0.9% of Mizuho Securities Co. Ltd.’s holdings, making the stock its 23rd largest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. SVB Wealth LLC purchased a new stake in shares of Bilibili during the first quarter valued at approximately $31,000. Brooklyn Investment Group raised its holdings in Bilibili by 10,989.7% during the 1st quarter. Brooklyn Investment Group now owns 3,216 shares of the company’s stock valued at $61,000 after buying an additional 3,187 shares during the last quarter. Banque Transatlantique SA purchased a new stake in Bilibili during the 1st quarter valued at $80,000. Advisors Asset Management Inc. boosted its position in Bilibili by 16.6% during the 1st quarter. Advisors Asset Management Inc. now owns 5,280 shares of the company’s stock valued at $101,000 after buying an additional 751 shares during the period. Finally, PNC Financial Services Group Inc. grew its holdings in Bilibili by 40.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 9,279 shares of the company’s stock worth $177,000 after acquiring an additional 2,676 shares during the last quarter. Institutional investors own 16.08% of the company’s stock.

Bilibili Price Performance

BILI opened at $25.31 on Thursday. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 0.54. The company has a market cap of $10.58 billion, a price-to-earnings ratio of 101.24 and a beta of 0.97. The stock has a fifty day simple moving average of $27.79 and a two-hundred day simple moving average of $23.64. Bilibili Inc. Sponsored ADR has a 12-month low of $14.47 and a 12-month high of $32.50.

Analysts Set New Price Targets

A number of analysts have recently weighed in on BILI shares. Benchmark increased their target price on shares of Bilibili from $28.00 to $29.00 and gave the stock a “buy” rating in a report on Friday, November 14th. Barclays boosted their target price on Bilibili from $28.00 to $34.00 and gave the company an “overweight” rating in a research note on Friday, November 14th. Citigroup upped their target price on Bilibili from $25.00 to $27.00 and gave the company a “neutral” rating in a report on Friday, November 14th. Sanford C. Bernstein lifted their price target on shares of Bilibili from $28.00 to $32.00 and gave the company an “outperform” rating in a report on Thursday, October 23rd. Finally, Macquarie began coverage on shares of Bilibili in a research report on Tuesday, October 14th. They set an “outperform” rating and a $36.03 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $29.17.

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.