Anderson Hoagland & Co. Holds Position in Alibaba Group Holding Ltd (BABA)

Anderson Hoagland & Co. continued to hold its stake in shares of Alibaba Group Holding Ltd (NYSE:BABA) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,995 shares of the specialty retailer’s stock at the end of the first quarter. Anderson Hoagland & Co.’s holdings in Alibaba Group Holding were worth $1,186,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Apriem Advisors increased its position in Alibaba Group Holding by 14.2% in the third quarter. Apriem Advisors now owns 1,003 shares of the specialty retailer’s stock worth $106,000 after buying an additional 125 shares in the last quarter. Massmutual Trust Co. FSB ADV purchased a new position in Alibaba Group Holding during the fourth quarter worth approximately $110,000. Ayalon Holdings Ltd. increased its position in Alibaba Group Holding by 28.7% in the third quarter. Ayalon Holdings Ltd. now owns 1,120 shares of the specialty retailer’s stock worth $118,000 after buying an additional 250 shares in the last quarter. Dumac Inc. purchased a new position in Alibaba Group Holding during the fourth quarter worth approximately $177,000. Finally, Coldstream Capital Management Inc. increased its position in Alibaba Group Holding by 10.5% in the fourth quarter. Coldstream Capital Management Inc. now owns 2,345 shares of the specialty retailer’s stock worth $206,000 after buying an additional 222 shares in the last quarter. 35.17% of the stock is owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Alibaba Group Holding (NYSE:BABA)

Shares of Alibaba Group Holding Ltd (NYSE:BABA) traded down 0.137% during mid-day trading on Friday, reaching $112.805. The company’s stock had a trading volume of 6,199,434 shares. The company’s 50-day moving average is $107.21 and its 200 day moving average is $100.04. The firm has a market capitalization of $280.32 billion, a P/E ratio of 51.984 and a beta of 2.73. Alibaba Group Holding Ltd has a 1-year low of $73.30 and a 1-year high of $113.60.

Alibaba Group Holding (NYSE:BABA) last posted its quarterly earnings results on Tuesday, January 24th. The specialty retailer reported $1.09 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.13 by $0.04. Alibaba Group Holding had a net margin of 26.56% and a return on equity of 14.88%. The firm had revenue of $7.70 billion for the quarter, compared to analysts’ expectations of $7.32 billion. During the same period last year, the firm posted $0.99 EPS. On average, analysts expect that Alibaba Group Holding Ltd will post $3.48 earnings per share for the current year.

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A number of research analysts have recently commented on the company. Standpoint Research downgraded Alibaba Group Holding from a “buy” rating to a “reduce” rating in a research report on Thursday. They noted that the move was a valuation call. MKM Partners reissued a “buy” rating and issued a $130.00 price target on shares of Alibaba Group Holding in a report on Tuesday. Benchmark Co. started coverage on Alibaba Group Holding in a report on Tuesday. They issued a “buy” rating and a $140.00 price target for the company. Sanford C. Bernstein reissued an “outperform” rating and issued a $130.00 price target (up previously from $117.00) on shares of Alibaba Group Holding in a report on Sunday, April 2nd. Finally, Barclays PLC started coverage on Alibaba Group Holding in a report on Tuesday, March 28th. They issued an “overweight” rating and a $130.00 price target for the company. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, twenty-eight have assigned a buy rating and three have issued a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $124.33.

Alibaba Group Holding Company Profile

Alibaba Group Holding Limited is a holding company. The Company is engaged in online and mobile commerce through offering of products, services and technology that enable merchants, brands and other businesses to transform the way they market, sell and operate in the People’s Republic of China (the PRC or China) and internationally.

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