Jabodon PT Co. purchased a new stake in Alibaba Group Holding Ltd (NYSE:BABA) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 12,047 shares of the specialty retailer’s stock, valued at approximately $1,651,000. Alibaba Group makes up about 1.5% of Jabodon PT Co.’s portfolio, making the stock its 17th largest holding.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Baillie Gifford & Co. raised its stake in shares of Alibaba Group by 1.4% in the 3rd quarter. Baillie Gifford & Co. now owns 45,321,627 shares of the specialty retailer’s stock valued at $7,467,191,000 after acquiring an additional 619,951 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Alibaba Group by 2.3% in the 3rd quarter. Vanguard Group Inc. now owns 37,571,661 shares of the specialty retailer’s stock valued at $6,190,307,000 after buying an additional 849,659 shares during the period. Vanguard Group Inc boosted its holdings in shares of Alibaba Group by 2.3% in the 3rd quarter. Vanguard Group Inc now owns 37,571,661 shares of the specialty retailer’s stock valued at $6,190,307,000 after buying an additional 849,659 shares during the period. Capital Research Global Investors boosted its stake in Alibaba Group by 8.5% during the 3rd quarter. Capital Research Global Investors now owns 21,413,445 shares of the specialty retailer’s stock valued at $3,528,079,000 after purchasing an additional 1,670,726 shares during the period. Finally, OppenheimerFunds Inc. boosted its stake in Alibaba Group by 8.5% during the 3rd quarter. OppenheimerFunds Inc. now owns 17,124,364 shares of the specialty retailer’s stock valued at $2,821,410,000 after purchasing an additional 1,345,385 shares during the period. 38.77% of the stock is currently owned by institutional investors.

BABA stock opened at $167.45 on Tuesday. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $428.63 billion, a price-to-earnings ratio of 41.55, a price-to-earnings-growth ratio of 1.63 and a beta of 2.31. Alibaba Group Holding Ltd has a 12 month low of $129.77 and a 12 month high of $211.70.

Alibaba Group (NYSE:BABA) last posted its earnings results on Wednesday, January 30th. The specialty retailer reported $12.19 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.36 by $10.83. The company had revenue of $117.28 billion during the quarter, compared to the consensus estimate of $118.52 billion. Alibaba Group had a net margin of 19.87% and a return on equity of 12.44%. The company’s revenue for the quarter was up 41.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.63 earnings per share. On average, equities research analysts predict that Alibaba Group Holding Ltd will post 3.65 EPS for the current fiscal year.

A number of research firms have recently issued reports on BABA. KeyCorp set a $200.00 price target on shares of Alibaba Group and gave the company a “buy” rating in a report on Wednesday, January 23rd. JPMorgan Chase & Co. lowered their price objective on shares of Alibaba Group to $190.00 and set an “overweight” rating on the stock in a research report on Monday, November 5th. Macquarie lowered their price objective on shares of Alibaba Group from $250.00 to $225.00 and set an “outperform” rating on the stock in a research report on Tuesday, October 23rd. SunTrust Banks lowered their price objective on shares of Alibaba Group from $195.00 to $180.00 and set a “buy” rating on the stock in a research report on Friday, November 2nd. Finally, ValuEngine raised shares of Alibaba Group from a “sell” rating to a “hold” rating in a research report on Monday, October 22nd. Two analysts have rated the stock with a hold rating, twenty-six have assigned a buy rating and two have given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $211.09.

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Alibaba Group Company Profile

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.

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Institutional Ownership by Quarter for Alibaba Group (NYSE:BABA)

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