Stephens Inc. AR boosted its position in shares of Alibaba Group Holding Ltd (NYSE:BABA) by 8.9% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 10,457 shares of the specialty retailer’s stock after purchasing an additional 858 shares during the period. Stephens Inc. AR’s holdings in Alibaba Group were worth $1,908,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of BABA. RDA Financial Network bought a new position in shares of Alibaba Group in the 1st quarter valued at about $1,341,000. Girard Partners LTD. grew its holdings in shares of Alibaba Group by 13.0% during the 4th quarter. Girard Partners LTD. now owns 1,258 shares of the specialty retailer’s stock valued at $172,000 after purchasing an additional 145 shares during the last quarter. CX Institutional grew its holdings in shares of Alibaba Group by 1,240.0% during the 1st quarter. CX Institutional now owns 268 shares of the specialty retailer’s stock valued at $49,000 after purchasing an additional 248 shares during the last quarter. Capital Financial Planning LLC bought a new stake in shares of Alibaba Group during the 4th quarter valued at approximately $29,000. Finally, Optimus Prime Fund Management Co. Ltd. bought a new stake in Alibaba Group during the 4th quarter worth approximately $15,434,000. Hedge funds and other institutional investors own 40.49% of the company’s stock.

Shares of BABA opened at $174.84 on Thursday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.25 and a current ratio of 1.25. 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 $435.42 billion, a price-to-earnings ratio of 43.38, a P/E/G ratio of 1.41 and a beta of 2.27.

Alibaba Group (NYSE:BABA) last released its earnings results on Wednesday, May 15th. The specialty retailer reported $8.57 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.75 by $7.82. The business had revenue of $93.50 billion during the quarter, compared to analysts’ expectations of $91.68 billion. Alibaba Group had a net margin of 19.87% and a return on equity of 12.44%. The firm’s revenue was up 51.0% on a year-over-year basis. During the same quarter last year, the company earned $5.73 earnings per share. As a group, equities research analysts predict that Alibaba Group Holding Ltd will post 3.67 earnings per share for the current fiscal year.

Several research analysts have recently issued reports on the stock. Morgan Stanley set a $196.00 target price on shares of Alibaba Group and gave the stock a “buy” rating in a report on Tuesday, March 26th. SunTrust Banks restated a “buy” rating and issued a $200.00 target price on shares of Alibaba Group in a report on Wednesday. Mizuho raised their target price on shares of Alibaba Group from $215.00 to $225.00 and gave the stock a “buy” rating in a report on Thursday. Stifel Nicolaus lifted their price target on shares of Alibaba Group from $200.00 to $220.00 and gave the company a “buy” rating in a report on Thursday. Finally, Zacks Investment Research cut Alibaba Group from a “hold” rating to a “sell” rating in a research note on Tuesday, April 16th. One equities research 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. Alibaba Group has an average rating of “Buy” and an average target price of $215.37.

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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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