Traders purchased shares of Alibaba Group Holding Ltd (NYSE:BABA) on weakness during trading hours on Tuesday. $699.38 million flowed into the stock on the tick-up and $542.98 million flowed out of the stock on the tick-down, for a money net flow of $156.40 million into the stock. Of all stocks tracked, Alibaba Group had the 4th highest net in-flow for the day. Alibaba Group traded down ($3.16) for the day and closed at $140.82

Several brokerages have commented on BABA. Jefferies Financial Group dropped their price target on Alibaba Group to $225.00 and set a “buy” rating on the stock in a research report on Friday, August 24th. Argus dropped their price target on Alibaba Group from $275.00 to $235.00 and set a “buy” rating on the stock in a research report on Friday, August 24th. UBS Group set a $245.00 price target on Alibaba Group and gave the stock a “buy” rating in a research report on Friday, August 24th. Nomura dropped their price target on Alibaba Group from $231.00 to $224.00 and set a “buy” rating on the stock in a research report on Friday, August 24th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $256.00 price target on shares of Alibaba Group in a research report on Thursday, August 23rd. One investment analyst has rated the stock with a hold rating, twenty-seven have assigned a buy rating and two have assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $213.53.

The stock has a market cap of $368.75 billion, a PE ratio of 34.85, a P/E/G ratio of 1.33 and a beta of 2.37. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.26.

Alibaba Group (NYSE:BABA) last announced its quarterly earnings results on Friday, November 2nd. The specialty retailer reported $1.01 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.82 by $0.19. The business had revenue of $12.40 billion for the quarter, compared to analyst estimates of $12.51 billion. Alibaba Group had a return on equity of 12.99% and a net margin of 19.33%. Alibaba Group’s quarterly revenue was up 49.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.29 EPS. Equities analysts forecast that Alibaba Group Holding Ltd will post 3.48 EPS for the current fiscal year.

Hedge funds have recently made changes to their positions in the stock. InterOcean Capital LLC acquired a new stake in Alibaba Group in the 2nd quarter valued at $371,000. Palo Capital Inc. acquired a new position in Alibaba Group in the third quarter worth $171,000. Moneta Group Investment Advisors LLC boosted its stake in Alibaba Group by 10,334.1% in the second quarter. Moneta Group Investment Advisors LLC now owns 110,601 shares of the specialty retailer’s stock worth $520,000 after purchasing an additional 109,541 shares in the last quarter. Bouchey Financial Group Ltd acquired a new position in Alibaba Group in the third quarter worth $254,000. Finally, OppenheimerFunds Inc. boosted its stake in Alibaba Group by 8.1% in the second quarter. OppenheimerFunds Inc. now owns 15,778,979 shares of the specialty retailer’s stock worth $2,927,474,000 after purchasing an additional 1,182,927 shares in the last quarter. 38.67% of the stock is currently owned by institutional investors and hedge funds.

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Alibaba Group Company Profile (NYSE:BABA)

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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