Dupont Capital Management Corp Has $10.48 Million Stake in Alibaba Group Holding Limited (BABA)

Dupont Capital Management Corp boosted its stake in shares of Alibaba Group Holding Limited (NYSE:BABA) by 22.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 60,665 shares of the specialty retailer’s stock after purchasing an additional 11,116 shares during the period. Dupont Capital Management Corp’s holdings in Alibaba Group Holding Limited were worth $10,477,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in BABA. FMR LLC grew its position in Alibaba Group Holding Limited by 42.5% during the 2nd quarter. FMR LLC now owns 25,278,081 shares of the specialty retailer’s stock worth $3,561,681,000 after purchasing an additional 7,544,165 shares during the last quarter. Fisher Asset Management LLC grew its position in Alibaba Group Holding Limited by 87.4% during the 2nd quarter. Fisher Asset Management LLC now owns 10,318,873 shares of the specialty retailer’s stock worth $1,453,929,000 after purchasing an additional 4,813,431 shares during the last quarter. Third Point LLC purchased a new stake in Alibaba Group Holding Limited during the 2nd quarter worth approximately $634,050,000. Hillhouse Capital Management Ltd. grew its position in Alibaba Group Holding Limited by 38,449.4% during the 2nd quarter. Hillhouse Capital Management Ltd. now owns 3,570,449 shares of the specialty retailer’s stock worth $503,076,000 after purchasing an additional 3,561,187 shares during the last quarter. Finally, Boussard & Gavaudan Investment Management LLP grew its position in Alibaba Group Holding Limited by 37.1% during the 3rd quarter. Boussard & Gavaudan Investment Management LLP now owns 11,598,897 shares of the specialty retailer’s stock worth $1,986,697,000 after purchasing an additional 3,141,790 shares during the last quarter. 37.45% of the stock is currently owned by institutional investors.

Several analysts have recently commented on BABA shares. Vetr downgraded shares of Alibaba Group Holding Limited from a “strong-buy” rating to a “buy” rating and set a $160.50 price objective on the stock. in a report on Tuesday, July 11th. Atlantic Securities reaffirmed a “hold” rating on shares of Alibaba Group Holding Limited in a report on Friday, July 14th. HSBC Holdings plc reaffirmed a “buy” rating and issued a $168.00 price objective (up from $162.00) on shares of Alibaba Group Holding Limited in a report on Saturday, July 22nd. Instinet reaffirmed a “buy” rating on shares of Alibaba Group Holding Limited in a report on Saturday, July 22nd. Finally, BidaskClub downgraded shares of Alibaba Group Holding Limited from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 25th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, thirty-two have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $183.31.

Shares of Alibaba Group Holding Limited (BABA) traded down $2.87 on Friday, hitting $183.21. 19,697,343 shares of the company were exchanged, compared to its average volume of 17,490,000. Alibaba Group Holding Limited has a 12-month low of $86.01 and a 12-month high of $191.22. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.74 and a quick ratio of 1.74. The stock has a market capitalization of $469.23 billion, a price-to-earnings ratio of 53.72, a P/E/G ratio of 1.57 and a beta of 2.60.

Alibaba Group Holding Limited (NYSE:BABA) last announced its quarterly earnings data on Thursday, August 17th. The specialty retailer reported $0.94 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.73 by $0.21. Alibaba Group Holding Limited had a net margin of 30.87% and a return on equity of 18.65%. The firm had revenue of $7.40 billion during the quarter, compared to analyst estimates of $7.16 billion. During the same quarter in the prior year, the firm posted $0.74 earnings per share. equities analysts anticipate that Alibaba Group Holding Limited will post 3.96 EPS for the current year.

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Alibaba Group Holding Limited Profile

Alibaba Group Holding Limited is a holding company. Through its subsidiaries, the Company is engaged in online and mobile commerce through offering of products, services and technology that enable merchants, brands and other businesses to transform the way they market, sell and operate in the People’s Republic of China (China) and internationally.

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

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