Economy

Alibaba Group Holding Limited

Alibaba Group Holding Limited

Flowering Tree Investment Management Pte Ltd sold 131,362 shares as the company's stock rose 22.58% with the market. The Nicholas Investment Partners Lp holds 78,821 shares with $5.66 million value, up from 37,291 last quarter.

The analysts offering 12 month price targets for Alibaba Group Holding Limited have a median target of $217.3, with a high estimate of $245 and a low estimate of $185. The stock rose 0.49% or $0.9 reaching $185.97. About 74,611 shares traded.

Alibaba Group Holding Limited (NYSE:BABA) last posted its quarterly earnings data on Thursday, August 17th. It has outperformed by 40.63% the S&P500.

Intact Investment Management Inc increased its stake in Anadarko Pete Corp (APC) by 567.44% based on its latest 2017Q2 regulatory filing with the SEC.

Several other large investors also recently bought and sold shares of the company. The company reported $0.79 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.69 by $0.10. The company has a market cap of $473,851.91, a P/E ratio of 53.78, a PEG ratio of 1.40 and a beta of 2.61. LogMeIn Inc (NASDAQ:LOGM) has risen 101.86% since November 10, 2016 and is uptrending. It has underperformed by 85.46% the S&P500.

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Alibaba Group Holding Limited (BABA) has an Analysts' Mean Recommendation of 1.6. Therefore 60% are positive. Alibaba had 151 analyst reports since August 12, 2015 according to SRatingsIntel. Standpoint Research initiated it with "Buy" rating and $84.0 target in Monday, August 24 report. KeyCorp set a $182.00 price target on Alibaba Group Holding Limited and gave the company an "overweight" rating in a research note on Friday, August 18th. The stock of Alibaba Group Holding Ltd (NYSE:BABA) earned "Hold" rating by TH Capital on Friday, August 14. Barclays Capital maintained the stock with "Overweight" rating in Wednesday, August 2 report. The firm has "Outperform" rating given on Friday, May 6 by Credit Suisse. Bank of America maintained the shares of BABA in report on Monday, October 16 with "Buy" rating. The rating was maintained by Wedbush with "Neutral" on Wednesday, October 28. The company has an average rating of Buy and a consensus price target of $184.20. Northland Capital has "Outperform" rating and $85 target. The rating was maintained by RBC Capital Markets with "Buy" on Thursday, November 2. More interesting news about Alibaba Group Holding Ltd (NYSE:BABA) were released by: Investorplace.com and their article: "Alibaba Group Holding Ltd Earnings Beat Can't Hide Warts" published on November 06, 2017 as well as Investorplace.com's news article titled: "Even After Doubling This Year, Alibaba Group Holding Ltd Stock Is Still ..." with publication date: October 26, 2017.

Andra Ap-Fonden, which manages about $4.04B US Long portfolio, upped its stake in Charter by 26,500 shares to 34,500 shares, valued at $11.62 million in 2017Q2, according to the filing.

Ciber Inc (CBR) investors sentiment decreased to 0.04 in 2017 Q2. It is negative, as 8 investors sold QUIK shares while 11 reduced holdings. 32 funds opened positions while 138 raised stakes. Quantbot Techs LP stated it has 20,560 shares or 0.2% of all its holdings. Schwab Charles Inv Management holds 138,085 shares or 0.01% of its portfolio. 23,573 are owned by Perella Weinberg Prtn Cap Mngmt Limited Partnership. Massachusetts Financial Ma reported 159,486 shares. 135,227 are held by Caisse De Depot Et Placement Du Quebec. Advisory Svcs Lc holds 0% or 9,500 shares in its portfolio. Cwm Limited has invested 0.05% in Anadarko Petroleum Corporation (NYSE:APC). 106,862 are held by Oberweis Asset Mgmt Inc. Old Mutual Glob Investors (Uk) Ltd owns 44,586 shares. Heico Corp New now has $6.93 billion valuation. Its down 3.31, from 4.33 in 2017Q1. Alibaba Group Holding Limited (BABA) maintained activity of 19.07 million shares that trade hands on average basis while its relative volume is 1.04. Third Point LLC purchased a new stake in shares of Alibaba Group Holding Limited during the second quarter worth $634,050,000. Three investment analysts have rated the stock with a hold rating, twenty-seven have assigned a buy rating and two have given a strong buy rating to the stock. Therefore 83% are positive. The rating was maintained by Nomura on Wednesday, August 12 with "Buy". The firm's stock has a market capitalization of $478.29 bln. Stifel Nicolaus has "Buy" rating and $7800 target. Hillhouse Capital Management Ltd. now owns 3,570,449 shares of the specialty retailer's stock worth $503,076,000 after buying an additional 3,561,187 shares in the last quarter. Axiom Capital maintained the shares of BABA in report on Monday, September 14 with "Buy" rating. The firm has "Buy" rating given on Thursday, August 17 by Bank of America.

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