Baader Bank Aktiengesellschaft Lowers Stock Holdings in Alibaba Group Holding Limited (NYSE:BABA)

Baader Bank Aktiengesellschaft lessened its position in Alibaba Group Holding Limited (NYSE:BABA) by 80.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 7,600 shares of the specialty retailer’s stock after selling 31,678 shares during the quarter. Baader Bank Aktiengesellschaft’s holdings in Alibaba Group were worth $644,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. UG Investment Advisers Ltd. boosted its position in Alibaba Group by 53.7% in the 4th quarter. UG Investment Advisers Ltd. now owns 791,239 shares of the specialty retailer’s stock valued at $67,089,000 after buying an additional 276,317 shares during the period. Tamar Securities LLC raised its stake in shares of Alibaba Group by 4.4% in the fourth quarter. Tamar Securities LLC now owns 149,795 shares of the specialty retailer’s stock valued at $12,701,000 after acquiring an additional 6,279 shares in the last quarter. Nilsine Partners LLC boosted its holdings in Alibaba Group by 3.6% in the fourth quarter. Nilsine Partners LLC now owns 11,332 shares of the specialty retailer’s stock valued at $961,000 after purchasing an additional 391 shares during the period. Foundations Investment Advisors LLC grew its stake in Alibaba Group by 21.1% during the 4th quarter. Foundations Investment Advisors LLC now owns 155,440 shares of the specialty retailer’s stock worth $13,180,000 after purchasing an additional 27,088 shares in the last quarter. Finally, KBC Group NV purchased a new stake in Alibaba Group during the 4th quarter worth about $2,120,000. Institutional investors and hedge funds own 13.47% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Robert W. Baird boosted their price objective on Alibaba Group from $88.00 to $110.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. StockNews.com downgraded shares of Alibaba Group from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 14th. Benchmark reaffirmed a “buy” rating and set a $118.00 price objective on shares of Alibaba Group in a research report on Friday, November 15th. Macquarie upgraded Alibaba Group from a “neutral” rating to an “outperform” rating and set a $145.00 price target on the stock in a research note on Monday, October 7th. Finally, Citigroup upped their price objective on Alibaba Group from $133.00 to $138.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. Two equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, Alibaba Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $115.13.

Alibaba Group Stock Up 6.2 %

BABA stock opened at $102.76 on Friday. The company has a market cap of $244.75 billion, a price-to-earnings ratio of 20.84, a price-to-earnings-growth ratio of 0.37 and a beta of 0.30. The company has a fifty day moving average price of $85.93 and a 200 day moving average price of $88.52. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.37 and a quick ratio of 1.37. Alibaba Group Holding Limited has a 12 month low of $68.36 and a 12 month high of $117.82.

Alibaba Group (NYSE:BABA) last announced its earnings results on Friday, November 15th. The specialty retailer reported $15.06 EPS for the quarter, beating analysts’ consensus estimates of $1.87 by $13.19. The business had revenue of $236.50 billion during the quarter, compared to analysts’ expectations of $239.45 billion. Alibaba Group had a net margin of 8.98% and a return on equity of 12.28%. The business’s revenue was up 5.2% compared to the same quarter last year. During the same period in the prior year, the company earned $1.82 earnings per share. Sell-side analysts expect that Alibaba Group Holding Limited will post 7.86 earnings per share for the current year.

About Alibaba Group

Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others.