Mondrian Capital Management LLC purchased a new stake in shares of Alibaba Group Holding Ltd (NYSE:BABA) during the 4th quarter, HoldingsChannel reports. The firm purchased 43,000 shares of the specialty retailer’s stock, valued at approximately $5,894,000. Alibaba Group makes up 3.2% of Mondrian Capital Management LLC’s portfolio, making the stock its 8th largest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in BABA. Baillie Gifford & Co. boosted its stake in 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 buying an additional 619,951 shares in the last quarter. Vanguard Group Inc. boosted its stake in 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 buying an additional 849,659 shares in the last quarter. Vanguard Group Inc boosted its stake in 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 buying an additional 849,659 shares in the last quarter. Capital Research Global Investors boosted its stake in 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 buying an additional 1,670,726 shares in the last quarter. Finally, OppenheimerFunds Inc. boosted its stake in Alibaba Group by 8.5% in the third quarter. OppenheimerFunds Inc. now owns 17,124,364 shares of the specialty retailer’s stock worth $2,821,410,000 after buying an additional 1,345,385 shares in the last quarter. Hedge funds and other institutional investors own 38.77% of the company’s stock.

Several analysts have issued reports on the company. Stifel Nicolaus reaffirmed a “buy” rating and issued a $180.00 target price (up previously from $175.00) on shares of Alibaba Group in a research note on Thursday, January 31st. Goldman Sachs Group reaffirmed a “buy” rating and issued a $234.00 target price on shares of Alibaba Group in a research note on Monday, November 12th. ValuEngine lowered Alibaba Group from a “hold” rating to a “sell” rating in a research note on Tuesday, October 30th. MKM Partners cut their target price on Alibaba Group from $270.00 to $245.00 and set a “buy” rating for the company in a research note on Tuesday, November 13th. Finally, Barclays reaffirmed an “overweight” rating and issued a $200.00 target price (up previously from $195.00) on shares of Alibaba Group in a research note on Thursday, January 31st. Two analysts have rated the stock with a hold rating, twenty-six have given a buy rating and two have assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $211.09.

NYSE:BABA opened at $166.15 on Friday. The company has a market cap of $431.25 billion, a PE ratio of 41.23, a P/E/G ratio of 1.65 and a beta of 2.31. Alibaba Group Holding Ltd has a fifty-two week low of $129.77 and a fifty-two week high of $211.70. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.20.

Alibaba Group (NYSE:BABA) last announced its quarterly earnings results on Wednesday, January 30th. The specialty retailer reported $12.19 EPS for the quarter, topping analysts’ consensus estimates of $1.36 by $10.83. Alibaba Group had a return on equity of 12.44% and a net margin of 19.87%. The company had revenue of $117.28 billion during the quarter, compared to analyst estimates of $118.52 billion. During the same quarter last year, the firm posted $1.63 earnings per share. The firm’s revenue was up 41.3% on a year-over-year basis. Sell-side analysts anticipate that Alibaba Group Holding Ltd will post 3.65 earnings per share for the current year.

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Alibaba Group Company 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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