Greenwoods Asset Management Ltd increased its position in shares of Alibaba Group Holding Ltd (NYSE:BABA) by 1.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,045,269 shares of the specialty retailer’s stock after buying an additional 48,224 shares during the period. Alibaba Group comprises about 34.8% of Greenwoods Asset Management Ltd’s portfolio, making the stock its biggest position. Greenwoods Asset Management Ltd’s holdings in Alibaba Group were worth $786,724,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the stock. Capital Investment Advisors LLC increased its holdings in Alibaba Group by 25.8% in the fourth quarter. Capital Investment Advisors LLC now owns 1,528 shares of the specialty retailer’s stock valued at $324,000 after buying an additional 313 shares during the last quarter. Squar Milner Financial Services LLC lifted its holdings in Alibaba Group by 111.7% during the 4th quarter. Squar Milner Financial Services LLC now owns 163 shares of the specialty retailer’s stock worth $34,000 after buying an additional 86 shares during the last quarter. Candriam Luxembourg S.C.A. boosted its position in shares of Alibaba Group by 4.5% during the 4th quarter. Candriam Luxembourg S.C.A. now owns 803,160 shares of the specialty retailer’s stock worth $170,371,000 after acquiring an additional 34,517 shares in the last quarter. Weatherly Asset Management L. P. increased its holdings in shares of Alibaba Group by 6.4% in the 4th quarter. Weatherly Asset Management L. P. now owns 2,216 shares of the specialty retailer’s stock valued at $470,000 after acquiring an additional 134 shares during the last quarter. Finally, J.W. Cole Advisors Inc. purchased a new position in shares of Alibaba Group in the 4th quarter valued at about $1,032,000. 47.92% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NYSE BABA traded down $12.46 during mid-day trading on Friday, hitting $199.70. 51,903,680 shares of the company were exchanged, compared to its average volume of 21,330,340. The stock has a 50 day simple moving average of $201.56 and a 200-day simple moving average of $203.72. Alibaba Group Holding Ltd has a 1-year low of $147.95 and a 1-year high of $231.14. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.14. The firm has a market cap of $539.82 billion, a price-to-earnings ratio of 21.47, a price-to-earnings-growth ratio of 1.40 and a beta of 1.60.

Alibaba Group (NYSE:BABA) last announced its quarterly earnings data on Friday, May 22nd. The specialty retailer reported $9.20 EPS for the quarter, topping the Zacks’ consensus estimate of $0.59 by $8.61. The company had revenue of $114.31 billion during the quarter, compared to the consensus estimate of $108.31 billion. Alibaba Group had a net margin of 34.90% and a return on equity of 15.82%. Alibaba Group’s quarterly revenue was up 22.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $8.57 EPS. Analysts anticipate that Alibaba Group Holding Ltd will post 5.88 earnings per share for the current fiscal year.

A number of equities analysts recently issued reports on BABA shares. KeyCorp upped their price target on Alibaba Group from $248.00 to $255.00 in a report on Sunday, April 19th. Stifel Nicolaus lowered their target price on shares of Alibaba Group from $240.00 to $230.00 in a report on Friday, February 14th. SunTrust Banks lifted their price target on shares of Alibaba Group from $212.00 to $250.00 and gave the stock a “buy” rating in a research note on Tuesday, February 18th. UBS Group decreased their price objective on shares of Alibaba Group from $275.00 to $265.00 and set a “buy” rating for the company in a research note on Monday, April 13th. Finally, Mizuho lifted their target price on Alibaba Group from $225.00 to $255.00 and gave the stock a “buy” rating in a research report on Friday, February 14th. Two investment analysts have rated the stock with a hold rating, twenty-three have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $244.32.

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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