Alibaba Group Holding Ltd (NYSE:BABA) Position Trimmed by Sfmg LLC

Sfmg LLC trimmed its holdings in shares of Alibaba Group Holding Ltd (NYSE:BABA) by 1.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,107 shares of the specialty retailer’s stock after selling 130 shares during the period. Sfmg LLC’s holdings in Alibaba Group were worth $1,507,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of BABA. Security National Trust Co. grew its holdings in shares of Alibaba Group by 2.8% during the fourth quarter. Security National Trust Co. now owns 1,799 shares of the specialty retailer’s stock valued at $381,000 after buying an additional 49 shares in the last quarter. Bell & Brown Wealth Advisors LLC increased its holdings in shares of Alibaba Group by 0.4% in the 4th quarter. Bell & Brown Wealth Advisors LLC now owns 14,126 shares of the specialty retailer’s stock valued at $3,188,000 after purchasing an additional 50 shares during the period. CRA Financial Services LLC lifted its position in shares of Alibaba Group by 0.6% in the fourth quarter. CRA Financial Services LLC now owns 8,050 shares of the specialty retailer’s stock worth $1,707,000 after purchasing an additional 50 shares in the last quarter. Gradient Investments LLC lifted its position in shares of Alibaba Group by 0.8% in the fourth quarter. Gradient Investments LLC now owns 7,145 shares of the specialty retailer’s stock worth $1,515,000 after purchasing an additional 55 shares in the last quarter. Finally, Cypress Wealth Services LLC lifted its position in shares of Alibaba Group by 3.2% in the third quarter. Cypress Wealth Services LLC now owns 1,811 shares of the specialty retailer’s stock worth $303,000 after purchasing an additional 57 shares in the last quarter. Hedge funds and other institutional investors own 46.78% of the company’s stock.

NYSE:BABA traded down $0.76 during trading hours on Monday, reaching $215.77. The company’s stock had a trading volume of 17,380,242 shares, compared to its average volume of 14,610,280. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.38 and a quick ratio of 1.38. The company has a market cap of $549.01 billion, a price-to-earnings ratio of 25.90, a price-to-earnings-growth ratio of 1.41 and a beta of 2.21. Alibaba Group Holding Ltd has a one year low of $147.95 and a one year high of $231.14. The business’s 50-day moving average is $217.34 and its 200-day moving average is $188.16.

A number of research analysts recently commented on BABA shares. Nomura set a $215.00 price objective on shares of Alibaba Group and gave the company a “buy” rating in a research report on Tuesday, October 15th. Daiwa Capital Markets assumed coverage on shares of Alibaba Group in a research report on Thursday, January 9th. They issued a “buy” rating for the company. TH Capital increased their target price on shares of Alibaba Group from to in a research report on Tuesday, January 7th. DZ Bank initiated coverage on shares of Alibaba Group in a report on Wednesday, January 22nd. They set a “buy” rating and a $260.00 price target on the stock. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $220.00 price target on shares of Alibaba Group in a research note on Thursday, December 12th. One analyst has rated the stock with a sell rating, one has issued a hold rating and twenty-three have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $229.21.

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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