Alibaba Group Holding Ltd (NYSE:BABA) Shares Acquired by MML Investors Services LLC

MML Investors Services LLC increased its position in Alibaba Group Holding Ltd (NYSE:BABA) by 21.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 58,402 shares of the specialty retailer’s stock after buying an additional 10,405 shares during the period. MML Investors Services LLC’s holdings in Alibaba Group were worth $9,896,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Edge Capital Group LLC increased its position in Alibaba Group by 23.0% during the second quarter. Edge Capital Group LLC now owns 2,800 shares of the specialty retailer’s stock worth $474,000 after purchasing an additional 523 shares during the last quarter. M Holdings Securities Inc. grew its stake in Alibaba Group by 8.5% during the first quarter. M Holdings Securities Inc. now owns 8,790 shares of the specialty retailer’s stock worth $1,604,000 after buying an additional 685 shares during the period. Soma Equity Partners LP grew its stake in Alibaba Group by 6.7% during the first quarter. Soma Equity Partners LP now owns 480,000 shares of the specialty retailer’s stock worth $87,576,000 after buying an additional 30,000 shares during the period. Dixon Hubard Feinour & Brown Inc. VA grew its stake in Alibaba Group by 5.5% during the first quarter. Dixon Hubard Feinour & Brown Inc. VA now owns 25,166 shares of the specialty retailer’s stock worth $4,592,000 after buying an additional 1,320 shares during the period. Finally, KBC Group NV grew its stake in Alibaba Group by 1.8% during the second quarter. KBC Group NV now owns 752,236 shares of the specialty retailer’s stock worth $127,467,000 after buying an additional 13,553 shares during the period. 44.23% of the stock is owned by institutional investors and hedge funds.

Shares of BABA stock traded up $2.44 on Thursday, hitting $178.53. The stock had a trading volume of 654,850 shares, compared to its average volume of 16,249,677. The firm has a market capitalization of $452.34 billion, a price-to-earnings ratio of 49.72, a P/E/G ratio of 1.09 and a beta of 2.28. The stock’s 50 day moving average is $170.01 and its 200-day moving average is $173.27. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.38 and a current ratio of 1.38. Alibaba Group Holding Ltd has a 52-week low of $129.77 and a 52-week high of $195.72.



Alibaba Group (NYSE:BABA) last announced its earnings results on Thursday, August 15th. The specialty retailer reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.13 by $0.32. The business had revenue of $114.92 billion during the quarter, compared to the consensus estimate of $111.65 billion. Alibaba Group had a net margin of 24.40% and a return on equity of 14.36%. The business’s quarterly revenue was up 42.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.01 earnings per share. Equities analysts expect that Alibaba Group Holding Ltd will post 5.81 earnings per share for the current year.

BABA has been the subject of several research reports. UBS Group set a $210.00 price objective on shares of Alibaba Group and gave the stock a “buy” rating in a research note on Tuesday, June 11th. Loop Capital initiated coverage on shares of Alibaba Group in a research note on Monday, June 3rd. They set a “buy” rating and a $250.00 price objective for the company. Stifel Nicolaus boosted their price objective on shares of Alibaba Group from $220.00 to $225.00 and gave the stock a “buy” rating in a research note on Friday, August 16th. Mizuho boosted their price objective on shares of Alibaba Group from $215.00 to $225.00 and gave the stock a “buy” rating in a research note on Thursday, May 16th. Finally, Royal Bank of Canada set a $210.00 price objective on shares of Alibaba Group and gave the stock a “buy” rating in a research note on Monday, August 12th. One equities research analyst has rated the stock with a hold rating, twenty-six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $219.92.

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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