Chicago Partners Investment Group LLC cut its holdings in Alibaba Group Holding Limited (NYSE:BABA) by 27.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,232 shares of the specialty retailer’s stock after selling 828 shares during the period. Chicago Partners Investment Group LLC’s holdings in Alibaba Group were worth $385,000 as of its most recent filing with the SEC.
Other institutional investors have also recently made changes to their positions in the company. AJO LP raised its holdings in Alibaba Group by 55.5% in the 2nd quarter. AJO LP now owns 132,529 shares of the specialty retailer’s stock valued at $18,673,000 after buying an additional 47,324 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in Alibaba Group by 18.5% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 105,849 shares of the specialty retailer’s stock valued at $14,914,000 after buying an additional 16,528 shares during the last quarter. Good Life Advisors LLC bought a new position in Alibaba Group in the 2nd quarter valued at approximately $218,000. Dymon Asia Capital Ltd. bought a new position in Alibaba Group in the 3rd quarter valued at approximately $1,917,000. Finally, Pitcairn Co. bought a new position in Alibaba Group in the 3rd quarter valued at approximately $3,218,000. Hedge funds and other institutional investors own 38.13% of the company’s stock.
Alibaba Group Holding Limited (BABA) opened at $173.55 on Friday. 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 Holding Limited has a 52 week low of $86.01 and a 52 week high of $191.75. The firm has a market capitalization of $444,488.28, a price-to-earnings ratio of 50.45, a price-to-earnings-growth ratio of 1.31 and a beta of 2.52.
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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.
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