SG Americas Securities LLC Acquires 17,685 Shares of Bilibili Inc. Sponsored ADR $BILI

SG Americas Securities LLC boosted its holdings in Bilibili Inc. Sponsored ADR (NASDAQ:BILI) by 181.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 27,412 shares of the company’s stock after buying an additional 17,685 shares during the period. SG Americas Securities LLC’s holdings in Bilibili were worth $770,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Signaturefd LLC grew its stake in shares of Bilibili by 5.6% in the third quarter. Signaturefd LLC now owns 9,538 shares of the company’s stock worth $268,000 after acquiring an additional 503 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in Bilibili by 7.7% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 9,970 shares of the company’s stock valued at $214,000 after purchasing an additional 709 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Bilibili by 0.7% in the 2nd quarter. Geode Capital Management LLC now owns 103,666 shares of the company’s stock valued at $2,224,000 after purchasing an additional 713 shares during the period. Advisors Asset Management Inc. grew its position in Bilibili by 19.0% in the 2nd quarter. Advisors Asset Management Inc. now owns 6,285 shares of the company’s stock worth $135,000 after purchasing an additional 1,005 shares during the last quarter. Finally, Royal Bank of Canada increased its holdings in shares of Bilibili by 1.2% during the 1st 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. 16.08% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on BILI. JPMorgan Chase & Co. increased their target price on shares of Bilibili from $24.00 to $27.00 and gave the company a “neutral” rating in a research note on Tuesday, November 18th. Wall Street Zen downgraded Bilibili from a “buy” rating to a “hold” rating in a research report on Saturday, January 3rd. Bank of America lowered their price objective on Bilibili from $32.00 to $31.00 and set a “buy” rating on the stock in a research report on Friday, November 28th. Weiss Ratings restated a “hold (c-)” rating on shares of Bilibili in a research note on Wednesday, October 8th. Finally, Citigroup lifted their price target on shares of Bilibili from $25.00 to $27.00 and gave the stock a “neutral” rating in a research note on Friday, November 14th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Bilibili has an average rating of “Moderate Buy” and an average target price of $29.61.

Bilibili Stock Performance

Shares of NASDAQ:BILI opened at $30.27 on Wednesday. The business’s fifty day moving average price is $26.61 and its two-hundred day moving average price is $25.94. Bilibili Inc. Sponsored ADR has a fifty-two week low of $14.47 and a fifty-two week high of $33.74. The stock has a market capitalization of $12.65 billion, a price-to-earnings ratio of 121.08 and a beta of 0.66. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.64 and a quick ratio of 1.64.

Bilibili 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.