The stock of Alibaba Group Holding Limited (NYSE:BABA) has "Buy" rating given on Thursday, November 2 by RBC Capital Markets. The hedge fund run by Kenneth Mario Garschina held 1.20M shares of the business services company at the end of 2017Q4, valued at $206.92 million, down from 9.00M at the end of the previous reported quarter.
Alibaba Group Holding Limited, through its subsidiaries, operates as an online and mobile commerce firm in the People's Republic of China and internationally.The firm is worth $460.22 billion. The stock decreased 1.70% or $3.08 during the last trading session, reaching $178.31. About 18.95 million shares traded or 60.01% up from the average.
BABA stock opened at $179.11 on Thursday. Lombard Odier Asset Management Switzerland Sa has risen its stake in Amazon Com Inc (NASDAQ:AMZN) and also increased its holding in Despegar Com Corp by 413,200 shares in the quarter, for a total of 463,200 shares. The company has market cap of $79.98 billion. The stock increased 0.47% or $0.23 during the last trading session, reaching $48.8. About 14.47M shares traded. Praxair, Inc. (NYSE:PX) has risen 22.24% since April 21, 2017 and is uptrending. It has outperformed by 23.78% the S&P500.
About $1.03B US Long portfolio the Lombard Odier Asset Management Switzerland Sa manages. Bank of The West bought a new stake in shares of Alibaba Group Holding during the third quarter valued at about $219,000. On Friday, February 2 KeyBanc Capital Markets maintained Alibaba Group Holding Limited (NYSE:BABA) with "Buy" rating. The positive are 100%. 27 are the (NYSE:BABA)'s ratings reports on April 20, 2018 according to StockzIntelligence Inc. One investment analyst has rated the stock with a hold rating, thirty have given a buy rating and two have issued a strong buy rating to the stock. On Tuesday, March 6 Oppenheimer maintained the shares of BABA in report with "Buy" rating. On Monday, November 13 the firm earned "Buy" rating by Wells Fargo. On Monday, February 5 the company was maintained by Bernstein. Wall Street now forecasts -47.01 % negative EPS growth despite Alibaba Group Holding Limited last quarter's EPS of $1.34. In Tuesday, October 31 report Barclays Capital maintained the stock with "Overweight" rating. The firm has a market cap of $467,871.59, a P/E ratio of 71.36, a P/E/G ratio of 1.10 and a beta of 2.52.
Deutsche Bank set a $204.00 target price on Alibaba Group (NYSE:BABA) in a research report sent to investors on Thursday, April 5th. In Thursday, November 2 report Robert W. Baird maintained it with "Buy" rating and $190.0 target.
Since October 31, 2017, it had 1 buy, and 7 selling transactions for $103.28 million activity. The insider JOHNSON ROBERT D sold 1,000 shares worth $283,450. MURRAY JOSEPH MICHAEL sold 3,400 shares worth $263,126. (NYSE:C) or 8,010 shares.
Investors sentiment decreased to 1.15 in 2017 Q4. Its up 0.23, from 0.95 in 2017Q3. BlackRock Inc. now owns 56,469,345 shares of the specialty retailer's stock valued at $9,737,009,000 after purchasing an additional 1,443,555 shares in the last quarter. 19 funds opened positions while 44 raised stakes. Aperio Group Inc Inc Limited Co has invested 0.12% in Roper Technologies, Inc. The New York-based Estabrook Capital has invested 2.59% in Citigroup Inc.
BABA has been the topic of a number of analyst reports. Silicom Ltd. (SILC) has $280.47M valuation. Voya Management Limited Liability stated it has 7,730 shares or 0% of all its holdings. Seminole Management bought 3,500 shares as the company's stock rose 4.15% while stock markets declined. Raymond James & Assoc has invested 0.21% in Praxair, Inc. (NYSE:ROP) for 1,400 shares. 184,826 were reported by Polaris Greystone Gru Limited Liability. Moreover, Fuller Thaler Asset Mgmt has 0% invested in Roper Technologies, Inc. Arrowmark Colorado Holdg Lc accumulated 95,500 shares.
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