Investors bought shares of Alibaba Group Holding Ltd (NYSE:BABA) on weakness during trading hours on Wednesday. $648.89 million flowed into the stock on the tick-up and $552.04 million flowed out of the stock on the tick-down, for a money net flow of $96.85 million into the stock. Of all companies tracked, Alibaba Group had the 7th highest net in-flow for the day. Alibaba Group traded down ($1.46) for the day and closed at $148.14

A number of equities analysts have weighed in on BABA shares. ValuEngine lowered shares of Alibaba Group from a “buy” rating to a “hold” rating in a research report on Monday, July 2nd. CLSA set a $240.00 price target on shares of Alibaba Group and gave the stock a “buy” rating in a research report on Monday, September 24th. HSBC began coverage on shares of Alibaba Group in a research report on Wednesday, September 12th. They issued a “buy” rating for the company. Zacks Investment Research upgraded shares of Alibaba Group from a “strong sell” rating to a “hold” rating in a research report on Monday, October 8th. Finally, MKM Partners dropped their target price on shares of Alibaba Group to $270.00 and set a “buy” rating for the company in a research report on Wednesday, September 12th. One analyst has rated the stock with a sell rating, one has issued a hold rating, twenty-five have given a buy rating and three have assigned a strong buy rating to the company. Alibaba Group currently has a consensus rating of “Buy” and an average target price of $222.48.

The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.26. The stock has a market cap of $379.41 billion, a P/E ratio of 41.61, a price-to-earnings-growth ratio of 1.15 and a beta of 2.41.

Alibaba Group (NYSE:BABA) last released its quarterly earnings data on Thursday, August 23rd. The specialty retailer reported $0.66 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.74 by ($0.08). Alibaba Group had a net margin of 20.57% and a return on equity of 14.18%. The business had revenue of $12.23 billion for the quarter, compared to the consensus estimate of $12.25 billion. Equities analysts expect that Alibaba Group Holding Ltd will post 3.72 earnings per share for the current fiscal year.

A number of hedge funds have recently added to or reduced their stakes in BABA. Duncker Streett & Co. Inc. lifted its position in Alibaba Group by 195.1% during the second quarter. Duncker Streett & Co. Inc. now owns 605 shares of the specialty retailer’s stock valued at $112,000 after purchasing an additional 400 shares during the last quarter. Stelac Advisory Services LLC bought a new position in Alibaba Group during the second quarter valued at $116,000. Clarus Wealth Advisors bought a new position in Alibaba Group during the second quarter valued at $125,000. American National Bank lifted its position in Alibaba Group by 55.8% during the second quarter. American National Bank now owns 796 shares of the specialty retailer’s stock valued at $148,000 after purchasing an additional 285 shares during the last quarter. Finally, Trilogy Capital Inc. bought a new position in Alibaba Group during the first quarter valued at $159,000. Institutional investors and hedge funds own 38.67% of the company’s stock.

Alibaba Group Company Profile (NYSE:BABA)

Alibaba Group Holding Limited, through its subsidiaries, operates as an online and mobile commerce company in the People's Republic of China and internationally. The company operates in four segments: Core Commerce, Cloud Computing, Digital Media and Entertainment, and Innovation Initiatives and Others.

See Also: Retained Earnings

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