Brown Advisory Securities LLC Increases Position in Alibaba Group Holding Ltd (BABA)

Brown Advisory Securities LLC lifted its position in Alibaba Group Holding Ltd (NYSE:BABA) by 9.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 23,644 shares of the specialty retailer’s stock after buying an additional 2,030 shares during the period. Brown Advisory Securities LLC’s holdings in Alibaba Group were worth $3,236,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. BlackRock Inc. raised its stake in 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 buying an additional 4,674,615 shares in the last quarter. Baillie Gifford & Co. raised 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. raised 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 raised 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. Finally, Capital Research Global Investors raised 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. Hedge funds and other institutional investors own 39.79% of the company’s stock.

NYSE BABA opened at $180.36 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.25 and a current ratio of 1.25. Alibaba Group Holding Ltd has a 1 year low of $129.77 and a 1 year high of $211.70. The firm has a market capitalization of $462.62 billion, a P/E ratio of 44.75, a PEG ratio of 1.76 and a beta of 2.31.



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

A number of equities analysts recently commented on BABA shares. Mizuho reissued a “buy” rating and issued a $200.00 price objective on shares of Alibaba Group in a research note on Thursday, December 13th. ValuEngine raised shares of Alibaba Group from a “hold” rating to a “buy” rating in a research note on Monday, November 26th. Jefferies Financial Group set a $195.00 price objective on shares of Alibaba Group and gave the stock a “buy” rating in a research note on Monday, November 26th. HSBC boosted their price objective on shares of Alibaba Group from $177.00 to $190.00 and gave the stock a “buy” rating in a research note on Monday, January 14th. Finally, Macquarie set a $220.00 price objective on shares of Alibaba Group and gave the stock a “buy” rating in a research note on Tuesday, January 8th. One investment analyst has rated the stock with a hold rating, twenty-seven have issued a buy rating and one has given a strong buy rating to the company’s stock. Alibaba Group has an average rating of “Buy” and an average target price of $211.07.

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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.

Further Reading: Net Margin

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Institutional Ownership by Quarter for Alibaba Group (NYSE:BABA)

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