Alibaba Group Holding Ltd (BABA) Shares Sold by Neuburgh Advisers LLC

Neuburgh Advisers LLC lessened its position in shares of Alibaba Group Holding Ltd (NYSE:BABA) by 65.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,536 shares of the specialty retailer’s stock after selling 6,664 shares during the quarter. Neuburgh Advisers LLC’s holdings in Alibaba Group were worth $485,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Brown Advisory Securities LLC grew its stake in Alibaba Group by 9.4% during the 4th quarter. Brown Advisory Securities LLC now owns 23,644 shares of the specialty retailer’s stock valued at $3,236,000 after purchasing an additional 2,030 shares during the last quarter. Prudential PLC grew its stake in Alibaba Group by 1.7% during the 4th quarter. Prudential PLC now owns 1,726,467 shares of the specialty retailer’s stock valued at $236,648,000 after purchasing an additional 28,382 shares during the last quarter. Berman Capital Advisors LLC purchased a new stake in Alibaba Group during the 4th quarter valued at about $166,000. Dimensional Fund Advisors LP grew its stake in Alibaba Group by 1.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,818,587 shares of the specialty retailer’s stock valued at $386,814,000 after purchasing an additional 35,509 shares during the last quarter. Finally, Clifford Swan Investment Counsel LLC purchased a new stake in Alibaba Group during the 4th quarter valued at about $653,000. Institutional investors and hedge funds own 39.79% of the company’s stock.

A number of analysts have recently commented on BABA shares. Zacks Investment Research downgraded Alibaba Group from a “hold” rating to a “sell” rating in a research note on Thursday, January 3rd. HSBC upped their target price on Alibaba Group from $177.00 to $190.00 and gave the stock a “buy” rating in a research note on Monday, January 14th. Citigroup restated a “buy” rating and issued a $211.00 target price (up previously from $208.00) on shares of Alibaba Group in a research note on Thursday, January 31st. Jefferies Financial Group set a $195.00 target price on Alibaba Group and gave the stock a “buy” rating in a research note on Monday, November 26th. Finally, Mizuho restated a “buy” rating and issued a $200.00 target price on shares of Alibaba Group in a research note on Thursday, December 13th. One investment analyst has rated the stock with a hold rating, twenty-seven have assigned a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $211.07.

NYSE BABA opened at $180.97 on Friday. The stock has a market capitalization of $463.49 billion, a P/E ratio of 44.91, a price-to-earnings-growth ratio of 1.76 and a beta of 2.31. Alibaba Group Holding Ltd has a twelve month low of $129.77 and a twelve month 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 released its quarterly earnings results on Wednesday, January 30th. The specialty retailer reported $12.19 earnings per share for the quarter, topping analysts’ consensus estimates of $1.36 by $10.83. The company had revenue of $117.28 billion during the quarter, compared to analysts’ expectations of $118.52 billion. Alibaba Group had a return on equity of 12.44% and a net margin of 19.87%. Alibaba Group’s quarterly revenue was up 41.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.63 EPS. As a group, equities research analysts expect that Alibaba Group Holding Ltd will post 3.65 EPS for the current year.

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About Alibaba Group

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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