Alibaba Group Holding Ltd (BABA) Stake Increased by Osborn Williams & Donohoe LLC

Osborn Williams & Donohoe LLC lifted its holdings in Alibaba Group Holding Ltd (NYSE:BABA) by 5.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,520 shares of the specialty retailer’s stock after buying an additional 280 shares during the period. Osborn Williams & Donohoe LLC’s holdings in Alibaba Group were worth $952,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. AXA boosted its position in Alibaba Group by 8.8% during the third quarter. AXA now owns 802,486 shares of the specialty retailer’s stock valued at $138,597,000 after purchasing an additional 64,589 shares during the last quarter. Dymon Asia Capital Ltd. acquired a new stake in shares of Alibaba Group in the third quarter worth about $1,917,000. Coldstream Capital Management Inc. lifted its position in shares of Alibaba Group by 39.8% in the third quarter. Coldstream Capital Management Inc. now owns 2,817 shares of the specialty retailer’s stock worth $487,000 after buying an additional 802 shares during the last quarter. Pitcairn Co. acquired a new stake in shares of Alibaba Group in the third quarter worth about $3,218,000. Finally, Cornerstone Financial Partners LLC acquired a new stake in shares of Alibaba Group in the third quarter worth about $580,000. 37.94% of the stock is owned by institutional investors and hedge funds.

A number of analysts have weighed in on the company. Zacks Investment Research cut Alibaba Group from a “buy” rating to a “hold” rating in a research report on Friday, November 24th. Nomura reaffirmed a “buy” rating and issued a $219.00 price target (down previously from $221.00) on shares of Alibaba Group in a research report on Tuesday, January 9th. Jefferies Group reaffirmed a “buy” rating and issued a $240.00 price target on shares of Alibaba Group in a research report on Tuesday, January 16th. Oppenheimer reaffirmed a “buy” rating and issued a $220.00 price target (up previously from $200.00) on shares of Alibaba Group in a research report on Monday, November 6th. Finally, Vetr upgraded Alibaba Group from a “buy” rating to a “strong-buy” rating and set a $209.21 price objective on the stock in a research note on Wednesday, November 29th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, thirty-three have issued a buy rating and two have issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $188.22.

Alibaba Group Holding Ltd (NYSE:BABA) traded down $0.96 during mid-day trading on Monday, hitting $183.09. The stock had a trading volume of 11,236,827 shares, compared to its average volume of 18,757,846. Alibaba Group Holding Ltd has a 52 week low of $95.67 and a 52 week high of $192.49. The company has a market cap of $468,490.00, a price-to-earnings ratio of 49.89, a P/E/G ratio of 1.40 and a beta of 2.52. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.71 and a current ratio of 1.71.

Alibaba Group (NYSE:BABA) last announced its earnings results on Thursday, November 2nd. The specialty retailer reported $1.02 EPS for the quarter, topping the consensus estimate of $0.84 by $0.18. Alibaba Group had a return on equity of 17.89% and a net margin of 30.87%. research analysts expect that Alibaba Group Holding Ltd will post 4.28 earnings per share for the current fiscal year.

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About Alibaba Group

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.

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

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