Sivia Capital Partners LLC Purchases 134 Shares of Alibaba Group Holding Limited (NYSE:BABA)

Sivia Capital Partners LLC increased its position in Alibaba Group Holding Limited (NYSE:BABA) by 3.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,825 shares of the specialty retailer’s stock after purchasing an additional 134 shares during the quarter. Sivia Capital Partners LLC’s holdings in Alibaba Group were worth $324,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Cooper Financial Group increased its stake in Alibaba Group by 5.3% in the fourth quarter. Cooper Financial Group now owns 10,915 shares of the specialty retailer’s stock valued at $925,000 after acquiring an additional 553 shares during the period. Wedmont Private Capital boosted its holdings in Alibaba Group by 7.4% during the fourth quarter. Wedmont Private Capital now owns 2,974 shares of the specialty retailer’s stock valued at $240,000 after purchasing an additional 204 shares in the last quarter. Kieckhefer Group LLC bought a new stake in shares of Alibaba Group in the 4th quarter valued at approximately $55,000. Fiduciary Alliance LLC lifted its position in shares of Alibaba Group by 11.9% during the 4th quarter. Fiduciary Alliance LLC now owns 99,713 shares of the specialty retailer’s stock worth $8,455,000 after buying an additional 10,596 shares during the period. Finally, Winthrop Advisory Group LLC boosted its stake in Alibaba Group by 46.0% in the 4th quarter. Winthrop Advisory Group LLC now owns 3,411 shares of the specialty retailer’s stock valued at $289,000 after buying an additional 1,075 shares in the last quarter. Institutional investors and hedge funds own 13.47% of the company’s stock.

Alibaba Group Trading Up 0.2 %

Shares of BABA stock traded up $0.19 on Monday, hitting $80.72. The stock had a trading volume of 7,010,764 shares, compared to its average volume of 11,347,113. The firm has a market cap of $192.35 billion, a P/E ratio of 16.37, a PEG ratio of 0.44 and a beta of 0.30. Alibaba Group Holding Limited has a twelve month low of $66.63 and a twelve month high of $117.82. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.16. The company has a fifty day moving average price of $87.59 and a two-hundred day moving average price of $87.54.

Alibaba Group (NYSE:BABA) last released its quarterly earnings results on Friday, November 15th. The specialty retailer reported $15.06 EPS for the quarter, topping analysts’ consensus estimates of $1.87 by $13.19. Alibaba Group had a return on equity of 12.28% and a net margin of 8.98%. The company had revenue of $236.50 billion for the quarter, compared to analyst estimates of $239.45 billion. During the same quarter last year, the firm posted $1.82 earnings per share. Alibaba Group’s revenue was up 5.2% compared to the same quarter last year. As a group, analysts forecast that Alibaba Group Holding Limited will post 8.44 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have commented on BABA. Citigroup boosted their price target on shares of Alibaba Group from $133.00 to $138.00 and gave the company a “buy” rating in a research report on Friday. Bank of America increased their price objective on shares of Alibaba Group from $106.00 to $124.00 and gave the stock a “buy” rating in a report on Wednesday, October 9th. Macquarie raised shares of Alibaba Group from a “neutral” rating to an “outperform” rating and set a $145.00 target price for the company in a research note on Monday, October 7th. Mizuho increased their price target on shares of Alibaba Group from $92.00 to $113.00 and gave the company an “outperform” rating in a research note on Tuesday, November 12th. Finally, Robert W. Baird boosted their price objective on shares of Alibaba Group from $88.00 to $110.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Two investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $115.13.

Alibaba Group Company Profile

Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others.