Y Intercept Hong Kong Ltd Has $4.91 Million Stock Position in Bilibili Inc. Sponsored ADR $BILI

Y Intercept Hong Kong Ltd reduced its stake in Bilibili Inc. Sponsored ADR (NASDAQ:BILI) by 8.8% during the 3rd quarter, Holdings Channel reports. The fund owned 174,760 shares of the company’s stock after selling 16,892 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Bilibili were worth $4,909,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in BILI. Mizuho Securities Co. Ltd. increased its stake in shares of Bilibili by 513.3% during the third quarter. Mizuho Securities Co. Ltd. now owns 74,206 shares of the company’s stock worth $2,084,000 after purchasing an additional 62,106 shares during the period. Sequoia Financial Advisors LLC acquired a new position in Bilibili in the 3rd quarter valued at $353,000. OVERSEA CHINESE BANKING Corp Ltd bought a new position in Bilibili during the 3rd quarter worth $333,000. SG Americas Securities LLC lifted its holdings in shares of Bilibili by 181.8% during the third quarter. SG Americas Securities LLC now owns 27,412 shares of the company’s stock worth $770,000 after buying an additional 17,685 shares in the last quarter. Finally, Signaturefd LLC boosted its position in shares of Bilibili by 5.6% in the third quarter. Signaturefd LLC now owns 9,538 shares of the company’s stock valued at $268,000 after acquiring an additional 503 shares during the period. Institutional investors own 16.08% of the company’s stock.

Bilibili Trading Down 0.1%

Shares of BILI stock opened at $33.40 on Friday. The stock’s fifty day moving average price is $27.00 and its two-hundred day moving average price is $26.13. The company has a market cap of $13.96 billion, a PE ratio of 133.60 and a beta of 0.66. Bilibili Inc. Sponsored ADR has a fifty-two week low of $14.47 and a fifty-two week high of $33.74. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.64 and a current ratio of 1.64.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Benchmark raised their price target on shares of Bilibili from $28.00 to $29.00 and gave the stock a “buy” rating in a research report on Friday, November 14th. Citigroup raised their target price on shares of Bilibili from $25.00 to $27.00 and gave the stock a “neutral” rating in a report on Friday, November 14th. Weiss Ratings reissued a “hold (c-)” rating on shares of Bilibili in a research report on Wednesday. Wall Street Zen upgraded Bilibili from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, JPMorgan Chase & Co. increased their target price on Bilibili from $24.00 to $27.00 and gave the stock a “neutral” rating in a report on Tuesday, November 18th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, Bilibili has a consensus rating of “Moderate Buy” and an average price target of $29.61.

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.