MONECO Advisors LLC bought a new position in shares of Alibaba Group Holding Ltd (NYSE:BABA) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,189 shares of the specialty retailer’s stock, valued at approximately $270,000.

A number of other large investors also recently made changes to their positions in BABA. Polar Asset Management Partners Inc. raised its stake in Alibaba Group by 768.2% during the second quarter. Polar Asset Management Partners Inc. now owns 191,000 shares of the specialty retailer’s stock worth $32,365,000 after buying an additional 169,000 shares during the last quarter. Chartwell Investment Partners LLC grew its holdings in Alibaba Group by 29.9% during the 3rd quarter. Chartwell Investment Partners LLC now owns 39,666 shares of the specialty retailer’s stock worth $6,634,000 after acquiring an additional 9,139 shares during the period. BW Gestao de Investimentos Ltda. raised its position in shares of Alibaba Group by 76.5% in the 4th quarter. BW Gestao de Investimentos Ltda. now owns 15,000 shares of the specialty retailer’s stock worth $3,182,000 after acquiring an additional 6,500 shares in the last quarter. OLD Second National Bank of Aurora raised its position in shares of Alibaba Group by 7.5% in the 3rd quarter. OLD Second National Bank of Aurora now owns 1,270 shares of the specialty retailer’s stock worth $212,000 after acquiring an additional 89 shares in the last quarter. Finally, Boston Partners lifted its stake in shares of Alibaba Group by 10.3% in the 3rd quarter. Boston Partners now owns 97,053 shares of the specialty retailer’s stock valued at $16,230,000 after purchasing an additional 9,053 shares during the period. 46.74% of the stock is owned by institutional investors and hedge funds.

BABA has been the topic of several research analyst reports. Nomura set a $215.00 target price on Alibaba Group and gave the company a “buy” rating in a research report on Tuesday, October 15th. ValuEngine lowered Alibaba Group from a “hold” rating to a “sell” rating in a research note on Saturday, January 4th. SunTrust Banks dropped coverage on Alibaba Group in a report on Friday, November 1st. Morgan Stanley set a $207.00 price target on Alibaba Group and gave the stock a “buy” rating in a report on Friday, September 27th. Finally, Goldman Sachs Group set a $236.00 price objective on shares of Alibaba Group and gave the stock a “buy” rating in a research report on Tuesday, September 24th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and twenty-four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $226.99.

Shares of NYSE:BABA traded down $5.17 during trading on Tuesday, reaching $222.26. 15,813,525 shares of the stock were exchanged, compared to its average volume of 13,186,982. Alibaba Group Holding Ltd has a 1-year low of $147.95 and a 1-year high of $231.14. The stock has a fifty day moving average of $213.76 and a two-hundred day moving average of $184.58. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.38 and a quick ratio of 1.38. The firm has a market cap of $565.52 billion, a price-to-earnings ratio of 26.68, a price-to-earnings-growth ratio of 1.49 and a beta of 2.25.

Alibaba Group (NYSE:BABA) last posted its quarterly earnings results on Friday, November 1st. The specialty retailer reported $1.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.19 by $0.30. The business had revenue of $16.65 billion during the quarter, compared to the consensus estimate of $16.72 billion. Alibaba Group had a net margin of 34.02% and a return on equity of 14.92%. Sell-side analysts forecast that Alibaba Group Holding Ltd will post 5.91 EPS for the current year.

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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