O Shaughnessy Asset Management LLC Has $13.87 Million Holdings in Alibaba Group Holding Limited (NYSE:BABA)

O Shaughnessy Asset Management LLC lifted its position in Alibaba Group Holding Limited (NYSE:BABA) by 17.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 163,573 shares of the specialty retailer’s stock after purchasing an additional 23,895 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Alibaba Group were worth $13,869,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Foundations Investment Advisors LLC raised its stake in shares of Alibaba Group by 21.1% in the 4th quarter. Foundations Investment Advisors LLC now owns 155,440 shares of the specialty retailer’s stock valued at $13,180,000 after buying an additional 27,088 shares in the last quarter. Berkshire Asset Management LLC PA acquired a new position in Alibaba Group in the fourth quarter worth about $911,000. Exchange Traded Concepts LLC lifted its stake in Alibaba Group by 131.2% during the fourth quarter. Exchange Traded Concepts LLC now owns 74,807 shares of the specialty retailer’s stock worth $6,343,000 after purchasing an additional 42,446 shares during the period. Bailard Inc. boosted its holdings in Alibaba Group by 46.3% during the fourth quarter. Bailard Inc. now owns 10,245 shares of the specialty retailer’s stock valued at $869,000 after purchasing an additional 3,242 shares in the last quarter. Finally, Aspex Management HK Ltd bought a new stake in shares of Alibaba Group in the 3rd quarter valued at approximately $115,995,000. 13.47% of the stock is owned by institutional investors.

Alibaba Group Price Performance

NYSE:BABA opened at $132.49 on Monday. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 0.19. The firm has a fifty day simple moving average of $121.60 and a 200 day simple moving average of $102.70. Alibaba Group Holding Limited has a 1-year low of $68.36 and a 1-year high of $148.43. The stock has a market capitalization of $314.80 billion, a PE ratio of 19.15, a P/E/G ratio of 0.61 and a beta of 0.28.

Alibaba Group (NYSE:BABA) last released its quarterly earnings data on Thursday, February 20th. The specialty retailer reported $2.77 earnings per share for the quarter, missing the consensus estimate of $2.84 by ($0.07). Alibaba Group had a return on equity of 12.89% and a net margin of 12.29%. The firm had revenue of $38.38 billion for the quarter, compared to analyst estimates of $38.19 billion. On average, research analysts expect that Alibaba Group Holding Limited will post 7.86 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Citigroup raised their target price on Alibaba Group from $133.00 to $138.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. Sanford C. Bernstein upgraded shares of Alibaba Group from a “market perform” rating to an “outperform” rating and boosted their target price for the company from $104.00 to $165.00 in a research note on Tuesday, February 25th. StockNews.com cut shares of Alibaba Group from a “buy” rating to a “hold” rating in a research report on Wednesday, March 26th. Bank of America boosted their price target on shares of Alibaba Group from $117.00 to $150.00 and gave the company a “buy” rating in a research report on Friday, February 21st. Finally, Mizuho raised their price objective on shares of Alibaba Group from $140.00 to $170.00 and gave the stock an “outperform” rating in a report on Friday. One research analyst has rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $148.14.

About Alibaba Group

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.