Fox Run Management L.L.C. Invests $728,000 in Bilibili Inc. (NASDAQ:BILI)

Fox Run Management L.L.C. acquired a new position in shares of Bilibili Inc. (NASDAQ:BILI) in the 4th quarter, Holdings Channel reports. The fund acquired 40,206 shares of the company’s stock, valued at approximately $728,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Quantbot Technologies LP boosted its position in Bilibili by 15.9% during the fourth quarter. Quantbot Technologies LP now owns 45,655 shares of the company’s stock valued at $827,000 after purchasing an additional 6,255 shares during the last quarter. Natixis Advisors LLC lifted its position in shares of Bilibili by 206.8% in the fourth quarter. Natixis Advisors LLC now owns 35,721 shares of the company’s stock valued at $647,000 after buying an additional 24,079 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of Bilibili by 16.2% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,504,143 shares of the company’s stock worth $27,240,000 after purchasing an additional 209,963 shares during the period. Rakuten Securities Inc. increased its stake in shares of Bilibili by 145.8% during the fourth quarter. Rakuten Securities Inc. now owns 9,124 shares of the company’s stock worth $165,000 after purchasing an additional 5,412 shares during the period. Finally, Prescott Group Capital Management L.L.C. bought a new position in shares of Bilibili during the fourth quarter worth approximately $2,716,000. 16.08% of the stock is owned by institutional investors and hedge funds.

Bilibili Trading Down 1.4 %

Shares of BILI opened at $19.87 on Monday. Bilibili Inc. has a 52-week low of $10.37 and a 52-week high of $31.77. The business’s fifty day moving average is $19.47 and its 200-day moving average is $19.65. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.05 and a current ratio of 1.34. The firm has a market cap of $8.23 billion, a price-to-earnings ratio of -44.16 and a beta of 0.93.

Bilibili (NASDAQ:BILI) last issued its quarterly earnings results on Thursday, February 20th. The company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate 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. Equities analysts anticipate that Bilibili Inc. will post 0.16 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

Bilibili 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.