Traders Sell Alibaba Group (BABA) on Strength (BABA)

Traders sold shares of Alibaba Group Holding Ltd (NYSE:BABA) on strength during trading on Wednesday. $321.52 million flowed into the stock on the tick-up and $352.55 million flowed out of the stock on the tick-down, for a money net flow of $31.03 million out of the stock. Of all companies tracked, Alibaba Group had the 18th highest net out-flow for the day. Alibaba Group traded up $0.69 for the day and closed at $169.40

BABA has been the subject of a number of research reports. Bank of America reaffirmed a “buy” rating and set a $215.00 price target (down from $221.00) on shares of Alibaba Group in a research note on Thursday, January 31st. Stifel Nicolaus restated a “buy” rating and issued a $180.00 target price (up previously from $175.00) on shares of Alibaba Group in a report on Thursday, January 31st. Citigroup reiterated a “buy” rating and set a $211.00 price objective (up from $208.00) on shares of Alibaba Group in a report on Thursday, January 31st. Nomura reiterated a “buy” rating and set a $205.00 price objective (up from $200.00) on shares of Alibaba Group in a report on Thursday, January 31st. Finally, Macquarie restated an “outperform” rating and set a $224.00 target price (up from $220.00) on shares of Alibaba Group in a report on Thursday, January 31st. Two research analysts have rated the stock with a hold rating, twenty-six have assigned a buy rating and two have given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $211.09.

The firm has a market capitalization of $432.09 billion, a price-to-earnings ratio of 42.03, a PEG ratio of 1.63 and a beta of 2.31. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.25 and a current ratio of 1.25.

Alibaba Group (NYSE:BABA) last issued its quarterly earnings data on Wednesday, January 30th. The specialty retailer reported $12.19 EPS for the quarter, beating the consensus estimate of $1.36 by $10.83. Alibaba Group had a net margin of 19.87% and a return on equity of 12.44%. The company had revenue of $117.28 billion during the quarter, compared to analysts’ expectations of $118.52 billion. During the same quarter in the previous year, the company earned $1.63 earnings per share. Alibaba Group’s revenue for the quarter was up 41.3% on a year-over-year basis. Analysts forecast that Alibaba Group Holding Ltd will post 3.65 EPS for the current fiscal year.

A number of large investors have recently bought and sold shares of the stock. Norway Savings Bank raised its holdings in Alibaba Group by 640.0% in the 4th quarter. Norway Savings Bank now owns 185 shares of the specialty retailer’s stock worth $25,000 after purchasing an additional 160 shares in the last quarter. Archford Capital Strategies LLC boosted its holdings in shares of Alibaba Group by 80.4% during the 4th quarter. Archford Capital Strategies LLC now owns 184 shares of the specialty retailer’s stock valued at $25,000 after acquiring an additional 82 shares during the last quarter. Baystate Wealth Management LLC purchased a new stake in shares of Alibaba Group during the 4th quarter valued at about $31,000. BerganKDV Wealth Management LLC purchased a new stake in shares of Alibaba Group during the 4th quarter valued at about $34,000. Finally, Trust Co. of Vermont lifted its stake in shares of Alibaba Group by 58.9% in the 4th quarter. Trust Co. of Vermont now owns 259 shares of the specialty retailer’s stock worth $36,000 after purchasing an additional 96 shares during the period. Institutional investors own 38.77% of the company’s stock.

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About Alibaba Group (NYSE:BABA)

Alibaba Group Holding Limited, through its subsidiaries, operates as an online and mobile commerce company in the People's Republic of China and internationally. The company operates in four segments: Core Commerce, Cloud Computing, Digital Media and Entertainment, and Innovation Initiatives and Others.

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