Bilibili Inc. Sponsored ADR $BILI Shares Purchased by Edmond DE Rothschild Holding S.A.

Edmond DE Rothschild Holding S.A. boosted its stake in Bilibili Inc. Sponsored ADR (NASDAQ:BILI) by 1.5% in the 2nd quarter, Holdings Channel reports. The firm owned 205,464 shares of the company’s stock after purchasing an additional 3,000 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in Bilibili were worth $4,407,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Bilibili by 7.7% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 9,970 shares of the company’s stock worth $214,000 after buying an additional 709 shares during the period. Geode Capital Management LLC boosted its holdings in Bilibili by 0.7% during the 2nd quarter. Geode Capital Management LLC now owns 103,666 shares of the company’s stock valued at $2,224,000 after acquiring an additional 713 shares during the period. Advisors Asset Management Inc. grew its position in Bilibili by 16.6% in the 1st quarter. Advisors Asset Management Inc. now owns 5,280 shares of the company’s stock valued at $101,000 after acquiring an additional 751 shares in the last quarter. Royal Bank of Canada increased its stake in Bilibili by 1.2% during the first quarter. Royal Bank of Canada now owns 87,505 shares of the company’s stock worth $1,672,000 after purchasing an additional 1,014 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in Bilibili by 25.7% during the second quarter. JPMorgan Chase & Co. now owns 5,295 shares of the company’s stock worth $114,000 after purchasing an additional 1,081 shares during the period. Hedge funds and other institutional investors own 16.08% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on BILI shares. JPMorgan Chase & Co. lifted their price objective on shares of Bilibili from $24.00 to $27.00 and gave the company a “neutral” rating in a report on Tuesday, November 18th. Barclays boosted their price target on shares of Bilibili from $28.00 to $34.00 and gave the stock an “overweight” rating in a research note on Friday, November 14th. Citigroup increased their price objective on Bilibili from $25.00 to $27.00 and gave the company a “neutral” rating in a research note on Friday, November 14th. Jefferies Financial Group set a $28.00 target price on Bilibili in a report on Thursday, August 21st. Finally, Benchmark upped their price target on Bilibili from $28.00 to $29.00 and gave the stock a “buy” rating in a report on Friday, November 14th. One research 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. According to MarketBeat.com, Bilibili currently has a consensus rating of “Moderate Buy” and a consensus target price of $29.17.

Bilibili Price Performance

Bilibili stock opened at $27.18 on Wednesday. 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 fifty day simple moving average of $27.75 and a 200-day simple moving average of $23.90. The stock has a market cap of $11.36 billion, a P/E ratio of 108.72 and a beta of 0.97. Bilibili Inc. Sponsored ADR has a 12-month low of $14.47 and a 12-month high of $32.50.

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.