74,206 Shares of Bilibili Inc. Sponsored ADR $BILI Acquired by Mizuho Securities Co. Ltd.

Mizuho Securities Co. Ltd. bought a new stake in Bilibili Inc. Sponsored ADR (NASDAQ:BILI) in the third quarter, Holdings Channel.com reports. The institutional investor bought 74,206 shares of the company’s stock, valued at approximately $1,115,000. Bilibili makes up approximately 27.9% of Mizuho Securities Co. Ltd.’s portfolio, making the stock its biggest position.

Other institutional investors have also added to or reduced their stakes in the company. Ethic Inc. boosted its holdings in Bilibili by 16.6% in the third quarter. Ethic Inc. now owns 50,496 shares of the company’s stock worth $758,000 after acquiring an additional 7,193 shares in the last quarter. Pictet Asset Management Holding SA increased its holdings in shares of Bilibili by 7.7% during the third quarter. Pictet Asset Management Holding SA now owns 11,200 shares of the company’s stock valued at $168,000 after acquiring an additional 800 shares in the last quarter. Profund Advisors LLC increased its holdings in shares of Bilibili by 3.9% during the third quarter. Profund Advisors LLC now owns 40,292 shares of the company’s stock valued at $605,000 after acquiring an additional 1,494 shares in the last quarter. Vise Technologies Inc. bought a new stake in shares of Bilibili during the third quarter valued at approximately $536,000. Finally, SBI Securities Co. Ltd. raised its position in shares of Bilibili by 31.7% during the third quarter. SBI Securities Co. Ltd. now owns 16,777 shares of the company’s stock worth $252,000 after purchasing an additional 4,040 shares during the period. 16.08% of the stock is owned by institutional investors and hedge funds.

Bilibili Price Performance

BILI stock opened at $14.66 on Monday. Bilibili Inc. Sponsored ADR has a twelve month low of $12.64 and a twelve month high of $36.40. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.29. The stock’s 50 day moving average is $14.67 and its 200-day moving average is $20.38. The firm has a market capitalization of $6.08 billion, a PE ratio of 29.92, a P/E/G ratio of 1.34 and a beta of 0.64.

Bilibili (NASDAQ:BILI) last announced its earnings results on Saturday, August 15th. The company reported $0.23 earnings per share (EPS) for the quarter. Bilibili had a return on equity of 11.42% and a net margin of 4.88%. The company had revenue of $1.17 billion for the quarter. Sell-side analysts expect that Bilibili Inc. Sponsored ADR will post 0.60 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on BILI shares. Weiss Ratings upgraded Bilibili from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, November 2nd. Benchmark reissued a “buy” rating on shares of Bilibili in a research report on Friday, August 28th. BNP Paribas Exane initiated coverage on shares of Bilibili in a research note on Tuesday, September 22nd. They set an “outperform” rating and a $23.00 price target for the company. Citigroup lowered their price objective on shares of Bilibili from $27.00 to $26.50 and set a “buy” rating on the stock in a report on Wednesday, October 14th. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $27.00 price objective on shares of Bilibili in a research note on Thursday, August 27th. Eight analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $29.39.

About Bilibili

Bilibili Inc operates an online entertainment platform in China, where users watch, share and create video content. The platform is known for its danmu feature, which displays viewers’ comments across videos in real time, and for communities centered on animation, comics and games, alongside a wider range of interests.

Founded in 2009 by Xu Yi, Bilibili began as a site focused on animation and related content before expanding into a broader video and entertainment service. Its offerings include professionally produced and user-generated videos, live streaming, online games and paid membership services.

Bilibili primarily serves users in China and generates revenue through services such as advertising, games and value-added offerings, including live-streaming features and memberships.