Delek Group Ltd. raised its position in shares of Alibaba Group Holding Ltd (NYSE:BABA) by 250.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,163 shares of the specialty retailer’s stock after purchasing an additional 6,545 shares during the quarter. Delek Group Ltd.’s holdings in Alibaba Group were worth $1,366,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in BABA. BlackRock Inc. increased its stake in shares of Alibaba Group by 7.4% in the fourth quarter. BlackRock Inc. now owns 67,733,482 shares of the specialty retailer’s stock worth $9,284,230,000 after acquiring an additional 4,674,615 shares during the last quarter. Baillie Gifford & Co. increased its stake in shares of Alibaba Group by 1.4% in the third quarter. Baillie Gifford & Co. now owns 45,321,627 shares of the specialty retailer’s stock worth $7,467,191,000 after acquiring an additional 619,951 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Alibaba Group by 2.3% in the third quarter. Vanguard Group Inc. now owns 37,571,661 shares of the specialty retailer’s stock worth $6,190,307,000 after acquiring an additional 849,659 shares during the last quarter. Vanguard Group Inc increased its stake in shares of Alibaba Group by 2.3% in the third quarter. Vanguard Group Inc now owns 37,571,661 shares of the specialty retailer’s stock worth $6,190,307,000 after acquiring an additional 849,659 shares during the last quarter. Finally, Capital Research Global Investors increased its stake in shares of Alibaba Group by 8.5% in the third quarter. Capital Research Global Investors now owns 21,413,445 shares of the specialty retailer’s stock worth $3,528,079,000 after acquiring an additional 1,670,726 shares during the last quarter. 39.79% of the stock is currently owned by institutional investors.

BABA stock opened at $180.97 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.25 and a quick ratio of 1.25. Alibaba Group Holding Ltd has a 52-week low of $129.77 and a 52-week high of $211.70. The stock has a market cap of $463.49 billion, a price-to-earnings ratio of 44.91, a PEG ratio of 1.76 and a beta of 2.31.

Alibaba Group (NYSE:BABA) last released its quarterly earnings results on Wednesday, January 30th. The specialty retailer reported $12.19 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.36 by $10.83. Alibaba Group had a net margin of 19.87% and a return on equity of 12.44%. The company had revenue of $117.28 billion during the quarter, compared to analysts’ expectations of $118.52 billion. During the same period in the prior year, the company earned $1.63 earnings per share. The business’s quarterly revenue was up 41.3% compared to the same quarter last year. As a group, equities analysts anticipate that Alibaba Group Holding Ltd will post 3.65 EPS for the current fiscal year.

A number of brokerages recently issued reports on BABA. ValuEngine upgraded shares of Alibaba Group from a “hold” rating to a “buy” rating in a report on Tuesday, March 5th. Argus reiterated a “buy” rating on shares of Alibaba Group in a report on Friday, February 1st. Oppenheimer upped their price objective on shares of Alibaba Group from $185.00 to $195.00 and gave the stock an “outperform” rating in a report on Thursday, January 31st. Barclays reiterated an “overweight” rating and issued a $200.00 price objective (up from $195.00) on shares of Alibaba Group in a report on Thursday, January 31st. Finally, KeyCorp reiterated an “overweight” rating and issued a $210.00 price objective (up from $200.00) on shares of Alibaba Group in a report on Thursday, January 31st. One analyst has rated the stock with a hold rating, twenty-seven have given a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $211.07.

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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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