Alibaba Group (BABA) Stake Upped by Hartwell JM Limited Partnership

Marco Green
January 13, 2018

Horan Capital Management sold 3,252 shares as the company's stock rose 22.58% with the market.

The stock decreased 0.61% or $0.07 during the last trading session, reaching $11.33. About 277,481 shares traded. It has outperformed by 5.00% the S&P500.

Checchi Capital Advisers Llc increased its stake in Alibaba Group Hldg Ltd (BABA) by 24.97% based on its latest 2017Q3 regulatory filing with the SEC. The New York-based Maltese Capital Management Llc has invested 2.39% in the stock. Checchi Capital Advisers Llc who had been investing in Alibaba Group Hldg Ltd for a number of months, seems to be bullish on the $486.33 billion market cap company.

Alibaba Group Holding Limited (NYSE: BABA) has grabbed attention from the analysts when it experienced a change of -0.55% in the last trading session to close at $188.75. About 8.12M shares traded. Shares of Alibaba Group Holding Limited (BABA) are trading -0.50% downward from the 52-week high mark and 104.48% above from the fifty two-week low mark. It has outperformed by 40.63% the S&P500.

Alibaba Group Holding Limited operates online and mobile marketplaces in retail and wholesale trade, as well as cloud computing and other services. In the past 13-year record, this ratio went down as low as 0.21 and as high as 1.9. BABA's profit would be $3.72 billion giving it 32.54 P/E if the $1.45 EPS is correct. One analyst has rated the stock with a sell rating, two have assigned a hold rating, thirty-three have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Therefore 95% are positive.

The 45 analysts offering 12-month price forecasts for Alibaba Group Holding Ltd have a median target of 220.00, with a high estimate of 245.00 and a low estimate of 185.00. Jefferies maintained the shares of OII in report on Monday, June 19 with "Hold" rating. Cantor Fitzgerald has "Buy" rating and $110 target. The firm earned "Buy" rating on Thursday, October 20 by Needham.

WARNING: "Hexavest Inc. Sells 5,880 Shares of Alibaba Group Holding Ltd (BABA)" was originally reported by StockNewsTimes and is the property of of StockNewsTimes. The stock of Alibaba Group Holding Limited (NYSE:BABA) earned "Buy" rating by Suntrust Robinson on Thursday, August 17. The rating was maintained by SunTrust with "Buy" on Friday, August 18. As per Friday, August 18, the company rating was maintained by Macquarie Research. RBC Capital Markets has "Buy" rating and $16000 target. Canaccord Genuity initiated the shares of AAT in report on Wednesday, July 22 with "Buy" rating. The rating was maintained by JP Morgan on Saturday, August 22 with "Overweight".

Investors sentiment decreased to 1.14 in 2017 Q3. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.71 and a current ratio of 1.71. It improved, as 50 investors sold FAST shares while 161 reduced holdings. 103 funds opened positions while 367 raised stakes. 234.48 million shares or 1.45% more from 231.14 million shares in 2017Q2 were reported. Cap holds 1.19M shares. Ubs Asset Mngmt Americas invested in 0% or 85,166 shares. Ajo LP reported 54,825 shares or 0.03% of all its holdings. Bb&T Secs Ltd owns 57,742 shares or 0.06% of their USA portfolio. (NYSE:AAT). Thrivent For Lutherans holds 0.04% or 257,432 shares. Choate Investment Advsr holds 7,852 shares. Hennessy Advsrs holds 0.07% of its portfolio in Yum! Brands, Inc. (NYSE:YUM). Panagora Asset Management Inc reported 254,021 shares. Riverbridge Ptnrs Limited Liability Corp has invested 1.58% in PRA Group, Inc.

Among 26 analysts covering YUM!

Among 27 analysts covering Oceaneering International (NYSE:OII), 6 have Buy rating, 3 Sell and 18 Hold. As per Friday, August 12, the company rating was maintained by Jefferies. The firm stands at price to sale ratio of 1.52 that signifies the value placed on each dollar of a firm's sales or incomes; it is most relevant ratio to compare companies in similar sector. They issued an "outperform" rating and a $225.00 price objective for the company. As per Wednesday, October 28, the company rating was maintained by RBC Capital Markets. The stock of Yum! The stock of Alibaba Group Holding Limited (NYSE:BABA) has "Hold" rating given on Thursday, October 29 by Standpoint Research. Loop Capital maintained Oceaneering International, Inc. Raymond James initiated it with "Outperform" rating and $21 target in Wednesday, October 14 report. The firm has "Hold" rating given on Monday, January 8 by BMO Capital Markets. Allen Lc reported 8.03% of its portfolio in Mastercard Incorporated (NYSE:MA). They expect $0.80 EPS, up 1.27% or $0.01 from last year's $0.79 per share. ABCB's profit will be $23.45M for 20.85 P/E if the $0.63 EPS becomes a reality. Bnp Paribas Asset Mgmt Hldg reported 0.05% stake.

Since January 1, 0001, it had 0 insider purchases, and 2 selling transactions for $1.13 million activity.

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