Alibaba Group Holding Limited (BABA) Holdings Boosted by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its stake in Alibaba Group Holding Limited (NYSE:BABA) by 4.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,267,797 shares of the specialty retailer’s stock after purchasing an additional 89,440 shares during the period. Dimensional Fund Advisors LP owned 0.09% of Alibaba Group worth $391,422,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in BABA. Family Management Corp acquired a new stake in shares of Alibaba Group in the third quarter valued at approximately $227,000. Darrell & King LLC boosted its holdings in shares of Alibaba Group by 0.4% in the third quarter. Darrell & King LLC now owns 209,339 shares of the specialty retailer’s stock valued at $36,155,000 after acquiring an additional 807 shares during the period. Harding Loevner LP acquired a new stake in shares of Alibaba Group in the third quarter valued at approximately $117,398,000. Brown Advisory Inc. boosted its holdings in shares of Alibaba Group by 8.8% in the third quarter. Brown Advisory Inc. now owns 1,421,198 shares of the specialty retailer’s stock valued at $245,454,000 after acquiring an additional 114,549 shares during the period. Finally, BB&T Securities LLC boosted its holdings in shares of Alibaba Group by 19.7% in the third quarter. BB&T Securities LLC now owns 32,293 shares of the specialty retailer’s stock valued at $5,577,000 after acquiring an additional 5,316 shares during the period. Institutional investors own 38.13% of the company’s stock.

Several research firms have recently weighed in on BABA. Susquehanna Bancshares began coverage on Alibaba Group in a report on Wednesday. They issued a “positive” rating and a $220.00 price objective for the company. Zacks Investment Research raised Alibaba Group from a “hold” rating to a “buy” rating and set a $198.00 price objective for the company in a report on Monday, December 4th. Vetr raised Alibaba Group from a “buy” rating to a “strong-buy” rating and set a $209.21 price target for the company in a report on Wednesday, November 29th. Oppenheimer reaffirmed a “buy” rating and set a $220.00 price target (up from $200.00) on shares of Alibaba Group in a report on Monday, November 6th. Finally, SunTrust Banks reaffirmed a “buy” rating and set a $210.00 price target on shares of Alibaba Group in a report on Friday, November 3rd. One analyst has rated the stock with a sell rating, one has given a hold rating, thirty-three have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $185.14.

Alibaba Group Holding Limited (BABA) opened at $177.62 on Friday. The stock has a market capitalization of $446,844.56, a price-to-earnings ratio of 50.72, a price-to-earnings-growth ratio of 1.32 and a beta of 2.52. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.71 and a quick ratio of 1.71. Alibaba Group Holding Limited has a 52-week low of $86.01 and a 52-week high of $191.75.

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Alibaba Group 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 (NYSE:BABA)

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