Breton Hill Capital Ltd. decreased its holdings in Alibaba Group Holding Limited (NYSE:BABA) by 26.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,139 shares of the specialty retailer’s stock after selling 1,841 shares during the quarter. Breton Hill Capital Ltd.’s holdings in Alibaba Group Holding Limited were worth $888,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the stock. Shine Investment Advisory Services Inc. acquired a new stake in Alibaba Group Holding Limited during the second quarter valued at approximately $102,000. FNY Managed Accounts LLC acquired a new stake in Alibaba Group Holding Limited during the first quarter valued at approximately $107,000. Lee Financial Co raised its stake in Alibaba Group Holding Limited by 45.5% during the second quarter. Lee Financial Co now owns 800 shares of the specialty retailer’s stock valued at $113,000 after buying an additional 250 shares in the last quarter. Winch Advisory Services LLC raised its stake in Alibaba Group Holding Limited by 147.4% during the second quarter. Winch Advisory Services LLC now owns 809 shares of the specialty retailer’s stock valued at $114,000 after buying an additional 482 shares in the last quarter. Finally, San Francisco Sentry Investment Group CA acquired a new stake in Alibaba Group Holding Limited during the second quarter valued at approximately $116,000. Institutional investors and hedge funds own 37.45% of the company’s stock.

Shares of Alibaba Group Holding Limited (BABA) traded up $1.28 during trading hours on Friday, hitting $186.41. The stock had a trading volume of 15,030,991 shares, compared to its average volume of 19,081,156. Alibaba Group Holding Limited has a one year low of $86.01 and a one year high of $191.22. The firm has a market cap of $473,851.91, a P/E ratio of 53.78, a PEG ratio of 1.40 and a beta of 2.61. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.71 and a quick ratio of 1.71.

Alibaba Group Holding Limited (NYSE:BABA) last announced its quarterly earnings data on Thursday, August 17th. The specialty retailer reported $0.94 EPS for the quarter, beating analysts’ consensus estimates of $0.73 by $0.21. The company had revenue of $7.40 billion during the quarter, compared to the consensus estimate of $7.16 billion. Alibaba Group Holding Limited had a return on equity of 17.89% and a net margin of 30.87%. During the same quarter in the prior year, the firm earned $0.74 EPS. research analysts expect that Alibaba Group Holding Limited will post 4.31 earnings per share for the current fiscal year.

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Several analysts have issued reports on BABA shares. Vetr upgraded Alibaba Group Holding Limited from a “buy” rating to a “strong-buy” rating and set a $190.25 price objective on the stock in a research note on Wednesday, September 6th. SunTrust Banks, Inc. restated a “buy” rating and set a $205.00 price objective on shares of Alibaba Group Holding Limited in a research note on Friday, October 20th. Barclays PLC upped their price objective on Alibaba Group Holding Limited to $180.00 and gave the company an “overweight” rating in a research note on Wednesday, August 2nd. BidaskClub upgraded Alibaba Group Holding Limited from a “buy” rating to a “strong-buy” rating in a research note on Thursday, October 12th. Finally, Deutsche Bank AG cut their price objective on Alibaba Group Holding Limited to $199.00 and set a “buy” rating on the stock in a research note on Thursday, September 7th. One analyst has rated the stock with a sell rating, one has issued a hold rating, thirty-three have given a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $184.20.

Alibaba Group Holding Limited Company Profile

Alibaba Group Holding Limited is a holding company. Through its subsidiaries, 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 (China) and internationally.

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

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