Guggenheim Capital LLC Sells 5,283 Shares of Bilibili Inc. (NASDAQ:BILI)

Guggenheim Capital LLC lowered its position in shares of Bilibili Inc. (NASDAQ:BILI) by 31.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,750 shares of the company’s stock after selling 5,283 shares during the period. Guggenheim Capital LLC’s holdings in Bilibili were worth $213,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in the company. Avior Wealth Management LLC grew its position in Bilibili by 1,817.7% during the fourth quarter. Avior Wealth Management LLC now owns 1,515 shares of the company’s stock worth $27,000 after buying an additional 1,436 shares in the last quarter. Federated Hermes Inc. acquired a new stake in shares of Bilibili in the 4th quarter valued at $55,000. Blue Trust Inc. boosted its holdings in shares of Bilibili by 147.8% in the 4th quarter. Blue Trust Inc. now owns 3,179 shares of the company’s stock valued at $58,000 after purchasing an additional 1,896 shares in the last quarter. Rakuten Securities Inc. boosted its holdings in shares of Bilibili by 145.8% in the 4th quarter. Rakuten Securities Inc. now owns 9,124 shares of the company’s stock valued at $165,000 after purchasing an additional 5,412 shares in the last quarter. Finally, XTX Topco Ltd acquired a new stake in shares of Bilibili in the 4th quarter valued at $227,000. Institutional investors own 16.08% of the company’s stock.

Bilibili Price Performance

Bilibili stock opened at $17.27 on Tuesday. The stock has a market capitalization of $7.19 billion, a price-to-earnings ratio of -38.38 and a beta of 0.95. Bilibili Inc. has a 52-week low of $12.31 and a 52-week high of $31.77. The stock’s 50 day moving average price is $19.15 and its two-hundred day moving average price is $19.19. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.05 and a current ratio of 1.34.

Bilibili (NASDAQ:BILI) last issued its earnings results on Thursday, February 20th. The company reported $0.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.02. Bilibili had a negative return on equity of 8.23% and a negative net margin of 5.01%. The company had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.05 billion. On average, equities analysts predict that Bilibili Inc. will post 0.16 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on BILI shares. Benchmark increased their price target on Bilibili from $24.00 to $30.00 and gave the company a “buy” rating in a research note on Friday, February 21st. Barclays upped their target price on Bilibili from $24.00 to $25.00 and gave the company an “overweight” rating in a report on Friday, February 21st. Finally, Nomura Securities cut Bilibili from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 25th. Three analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $21.11.

Bilibili Company 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.