Cullen Frost Bankers Inc. decreased its position in Alibaba Group Holding Ltd (NYSE:BABA) by 12.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 52,728 shares of the specialty retailer’s stock after selling 7,586 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in Alibaba Group were worth $7,228,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of BABA. Baillie Gifford & Co. boosted its position in shares of Alibaba Group by 1.4% during the 3rd quarter. Baillie Gifford & Co. now owns 45,321,627 shares of the specialty retailer’s stock worth $7,467,191,000 after purchasing an additional 619,951 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Alibaba Group by 2.3% during the 3rd quarter. Vanguard Group Inc. now owns 37,571,661 shares of the specialty retailer’s stock worth $6,190,307,000 after purchasing an additional 849,659 shares in the last quarter. Vanguard Group Inc boosted its position in shares of Alibaba Group by 2.3% during the 3rd quarter. Vanguard Group Inc now owns 37,571,661 shares of the specialty retailer’s stock worth $6,190,307,000 after purchasing an additional 849,659 shares in the last quarter. Capital Research Global Investors boosted its position in shares of 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 worth $3,528,079,000 after purchasing an additional 1,670,726 shares in the last quarter. Finally, OppenheimerFunds Inc. boosted its position in shares of Alibaba Group by 8.5% during the 3rd quarter. OppenheimerFunds Inc. now owns 17,124,364 shares of the specialty retailer’s stock worth $2,821,410,000 after purchasing an additional 1,345,385 shares in the last quarter. 39.11% of the stock is currently owned by hedge funds and other institutional investors.

Several equities research analysts have commented on the stock. Argus restated a “buy” rating on shares of Alibaba Group in a research report on Friday, February 1st. Oppenheimer lifted their price target on Alibaba Group from $185.00 to $195.00 and gave the stock an “outperform” rating in a research note on Thursday, January 31st. Barclays reaffirmed an “overweight” rating and set a $200.00 price target (up previously from $195.00) on shares of Alibaba Group in a research note on Thursday, January 31st. KeyCorp reaffirmed an “overweight” rating and set a $210.00 price target (up previously from $200.00) on shares of Alibaba Group in a research note on Thursday, January 31st. Finally, Macquarie reissued an “outperform” rating and issued a $224.00 target price (up previously from $220.00) on shares of Alibaba Group in a research note on Thursday, January 31st. Two investment analysts have rated the stock with a hold rating, twenty-six have given a buy rating and two have given a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $211.09.

Shares of Alibaba Group stock opened at $170.18 on Wednesday. The stock has a market capitalization of $425.54 billion, a PE ratio of 42.23, a PEG ratio of 1.62 and a beta of 2.31. Alibaba Group Holding Ltd has a one year low of $129.77 and a one year high of $211.70. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.25 and a current ratio of 1.25.

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

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Alibaba Group 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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