Gilder Gagnon Howe & Co. LLC increased its holdings in Alibaba Group Holding Limited (NYSE:BABA) by 23.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 454,618 shares of the specialty retailer’s stock after acquiring an additional 85,571 shares during the quarter. Alibaba Group Holding Limited makes up about 1.1% of Gilder Gagnon Howe & Co. LLC’s investment portfolio, making the stock its 26th largest position. Gilder Gagnon Howe & Co. LLC’s holdings in Alibaba Group Holding Limited were worth $78,517,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Shine Investment Advisory Services Inc. bought a new position in Alibaba Group Holding Limited in the second quarter worth about $102,000. First Eagle Investment Management LLC acquired a new position in shares of Alibaba Group Holding Limited during the third quarter valued at about $104,000. FNY Managed Accounts LLC acquired a new position in shares of Alibaba Group Holding Limited during the first quarter valued at about $107,000. Lee Financial Co increased its holdings in shares of 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 acquiring an additional 250 shares in the last quarter. Finally, Winch Advisory Services LLC increased its holdings in shares of 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 acquiring an additional 482 shares in the last quarter. 37.47% of the stock is owned by institutional investors.

Shares of Alibaba Group Holding Limited (NYSE:BABA) traded down $1.60 during trading hours on Monday, reaching $184.81. The company’s stock had a trading volume of 15,009,438 shares, compared to its average volume of 14,827,669. 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 has a 12 month low of $86.01 and a 12 month high of $191.22. The firm has a market capitalization of $477,424.75, a price-to-earnings ratio of 54.19, a PEG ratio of 1.41 and a beta of 2.61.

Alibaba Group Holding Limited (NYSE:BABA) last posted its earnings results on Thursday, August 17th. The specialty retailer reported $0.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.73 by $0.21. The business had revenue of $7.40 billion during the quarter, compared to analyst estimates 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 last year, the firm earned $0.74 earnings per share. research analysts predict that Alibaba Group Holding Limited will post 4.31 EPS for the current year.

Several brokerages recently weighed in on BABA. Oppenheimer Holdings, Inc. reiterated a “buy” rating and issued a $220.00 price target (up previously from $200.00) on shares of Alibaba Group Holding Limited in a report on Monday, November 6th. Zacks Investment Research upgraded Alibaba Group Holding Limited from a “hold” rating to a “buy” rating and set a $211.00 price objective on the stock in a research report on Wednesday, November 8th. BidaskClub upgraded Alibaba Group Holding Limited from a “hold” rating to a “buy” rating in a research report on Thursday, November 2nd. Needham & Company LLC upped their price objective on Alibaba Group Holding Limited from $190.00 to $215.00 and gave the stock a “buy” rating in a research report on Friday, November 3rd. Finally, Robert W. Baird increased their target price on Alibaba Group Holding Limited from $190.00 to $210.00 and gave the company an “outperform” rating in a research report on Friday, November 3rd. One analyst has rated the stock with a sell rating, one has assigned a hold rating, thirty-three have given a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $184.20.

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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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