Stamos Capital Partners L.P. purchased a new position in shares of Alibaba Group Holding Ltd (NYSE:BABA) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 12,300 shares of the specialty retailer’s stock, valued at approximately $1,686,000.

Other large investors have also recently added to or reduced their stakes in the company. Winslow Evans & Crocker Inc. raised its stake in Alibaba Group by 5.4% in the 4th quarter. Winslow Evans & Crocker Inc. now owns 1,296 shares of the specialty retailer’s stock valued at $180,000 after purchasing an additional 66 shares during the last quarter. Enterprise Financial Services Corp raised its stake in Alibaba Group by 25.5% in the 4th quarter. Enterprise Financial Services Corp now owns 354 shares of the specialty retailer’s stock valued at $49,000 after purchasing an additional 72 shares during the last quarter. Mission Wealth Management LP raised its stake in Alibaba Group by 4.6% in the 4th quarter. Mission Wealth Management LP now owns 1,648 shares of the specialty retailer’s stock valued at $226,000 after purchasing an additional 72 shares during the last quarter. Arcadia Investment Management Corp MI raised its stake in Alibaba Group by 18.3% in the 4th quarter. Arcadia Investment Management Corp MI now owns 485 shares of the specialty retailer’s stock valued at $66,000 after purchasing an additional 75 shares during the last quarter. Finally, Taylor Hoffman Wealth Management raised its stake in Alibaba Group by 6.3% in the 4th quarter. Taylor Hoffman Wealth Management now owns 1,282 shares of the specialty retailer’s stock valued at $175,000 after purchasing an additional 76 shares during the last quarter. 39.79% of the stock is owned by institutional investors and hedge funds.

Shares of NYSE:BABA opened at $180.97 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.25 and a quick ratio of 1.25. Alibaba Group Holding Ltd has a 1 year low of $129.77 and a 1 year high of $211.70. The stock has a market cap of $463.49 billion, a PE ratio of 44.91, a PEG ratio of 1.76 and a beta of 2.31.

Alibaba Group (NYSE:BABA) last issued its earnings results on Wednesday, January 30th. The specialty retailer reported $12.19 earnings per share (EPS) for the quarter, topping the Zacks’ 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 previous year, the business earned $1.63 EPS. The company’s revenue for the quarter was up 41.3% on a year-over-year basis. As a group, sell-side analysts forecast that Alibaba Group Holding Ltd will post 3.65 EPS for the current year.

Several research analysts recently weighed in on BABA shares. Zacks Investment Research raised shares of Alibaba Group from a “sell” rating to a “hold” rating in a research note on Wednesday, January 23rd. SunTrust Banks restated a “buy” rating and issued a $200.00 price target (up previously from $180.00) on shares of Alibaba Group in a report on Thursday, January 31st. Sanford C. Bernstein restated a “mkt perform” rating on shares of Alibaba Group in a report on Monday, January 14th. Macquarie set a $220.00 price target on Alibaba Group and gave the company a “buy” rating in a report on Tuesday, January 8th. Finally, Mizuho restated a “buy” rating and issued a $200.00 price target on shares of Alibaba Group in a report on Thursday, December 13th. One analyst has rated the stock with a hold 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 a consensus target price of $211.07.

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About Alibaba Group

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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