Alibaba Group Holding Ltd (BABA) Shares Bought by Henry James International Management Inc.

Henry James International Management Inc. boosted its stake in Alibaba Group Holding Ltd (NYSE:BABA) by 10.1% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 16,468 shares of the specialty retailer’s stock after acquiring an additional 1,513 shares during the period. Alibaba Group comprises approximately 1.4% of Henry James International Management Inc.’s investment portfolio, making the stock its 23rd largest position. Henry James International Management Inc.’s holdings in Alibaba Group were worth $3,005,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of BABA. Cypress Wealth Services LLC grew its position in shares of Alibaba Group by 3.8% during the first quarter. Cypress Wealth Services LLC now owns 1,515 shares of the specialty retailer’s stock worth $276,000 after buying an additional 56 shares in the last quarter. Winslow Evans & Crocker Inc. lifted its stake in Alibaba Group by 5.4% during the fourth quarter. Winslow Evans & Crocker Inc. now owns 1,296 shares of the specialty retailer’s stock worth $180,000 after purchasing an additional 66 shares during the last quarter. Enterprise Financial Services Corp lifted its stake in Alibaba Group by 25.5% during the fourth quarter. Enterprise Financial Services Corp now owns 354 shares of the specialty retailer’s stock worth $49,000 after purchasing an additional 72 shares during the last quarter. Mission Wealth Management LP lifted its stake in Alibaba Group by 4.6% during the fourth quarter. Mission Wealth Management LP now owns 1,648 shares of the specialty retailer’s stock worth $226,000 after purchasing an additional 72 shares during the last quarter. Finally, Arete Wealth Advisors LLC lifted its stake in Alibaba Group by 3.2% during the fourth quarter. Arete Wealth Advisors LLC now owns 2,365 shares of the specialty retailer’s stock worth $324,000 after purchasing an additional 74 shares during the last quarter. Hedge funds and other institutional investors own 40.27% of the company’s stock.

NYSE BABA traded down $0.52 on Monday, reaching $186.42. The stock had a trading volume of 4,809,902 shares, compared to its average volume of 12,229,007. Alibaba Group Holding Ltd has a 12-month low of $129.77 and a 12-month high of $211.70. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.20. The stock has a market cap of $478.78 billion, a P/E ratio of 46.26, a P/E/G ratio of 1.57 and a beta of 2.30.

Alibaba Group (NYSE:BABA) last released its quarterly 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. Alibaba Group had a return on equity of 12.44% and a net margin of 19.87%. The business had revenue of $117.28 billion during the quarter, compared to analysts’ expectations of $118.52 billion. During the same quarter in the prior year, the business earned $1.63 earnings per share. The company’s quarterly revenue was up 41.3% compared to the same quarter last year. As a group, research analysts predict that Alibaba Group Holding Ltd will post 3.68 earnings per share for the current year.

Several equities research analysts recently weighed in on BABA shares. Zacks Investment Research cut Alibaba Group from a “hold” rating to a “sell” rating in a research note on Thursday, January 3rd. HSBC boosted their target price on Alibaba Group from $177.00 to $190.00 and gave the stock a “buy” rating in a research note on Monday, January 14th. Citigroup restated a “buy” rating and set a $211.00 target price (up previously from $208.00) on shares of Alibaba Group in a research note on Thursday, January 31st. Sanford C. Bernstein restated a “mkt perform” rating on shares of Alibaba Group in a research note on Monday, January 14th. Finally, Oppenheimer boosted their target price on Alibaba Group from $185.00 to $195.00 and gave the stock an “outperform” rating in a research note on Thursday, January 31st. One analyst has rated the stock with a sell rating, twenty-seven have issued a buy rating and one has given a strong buy rating to the company’s stock. Alibaba Group presently has a consensus rating of “Buy” and an average target price of $211.54.

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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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