Alibaba Group Holding Ltd (NYSE:BABA) Shares Bought by OLD Mission Capital LLC

OLD Mission Capital LLC raised its position in Alibaba Group Holding Ltd (NYSE:BABA) by 2.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 44,537 shares of the specialty retailer’s stock after buying an additional 953 shares during the period. OLD Mission Capital LLC’s holdings in Alibaba Group were worth $6,105,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Norway Savings Bank raised its stake in Alibaba Group by 640.0% during the 4th quarter. Norway Savings Bank now owns 185 shares of the specialty retailer’s stock worth $25,000 after buying an additional 160 shares during the period. Archford Capital Strategies LLC raised its stake in shares of Alibaba Group by 80.4% in the 4th quarter. Archford Capital Strategies LLC now owns 184 shares of the specialty retailer’s stock valued at $25,000 after purchasing an additional 82 shares during the period. Sontag Advisory LLC acquired a new stake in shares of Alibaba Group in the 4th quarter valued at about $27,000. Baystate Wealth Management LLC acquired a new stake in shares of Alibaba Group in the 4th quarter valued at about $31,000. Finally, BerganKDV Wealth Management LLC acquired a new stake in shares of Alibaba Group in the 4th quarter valued at about $34,000. Hedge funds and other institutional investors own 40.25% of the company’s stock.

Shares of NYSE:BABA traded down $5.84 during trading on Monday, reaching $183.07. 12,839,264 shares of the stock were exchanged, compared to its average volume of 13,540,529. Alibaba Group Holding Ltd has a 12 month low of $129.77 and a 12 month high of $211.70. The stock has a market cap of $473.76 billion, a PE ratio of 45.43, a P/E/G ratio of 1.29 and a beta of 2.30. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.20.

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

BABA has been the subject of several analyst reports. Argus restated a “buy” rating on shares of Alibaba Group in a report on Friday, February 1st. HSBC raised their price objective on Alibaba Group from $177.00 to $190.00 and gave the company a “buy” rating in a report on Monday, January 14th. Stifel Nicolaus restated a “buy” rating and issued a $180.00 price objective (up previously from $175.00) on shares of Alibaba Group in a report on Thursday, January 31st. KeyCorp set a $200.00 price objective on Alibaba Group and gave the company a “buy” rating in a report on Wednesday, January 23rd. Finally, ValuEngine cut Alibaba Group from a “buy” rating to a “hold” rating in a report on Wednesday, January 2nd. One investment analyst has rated the stock with a hold rating, twenty-seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $211.54.

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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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