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

Sivia Capital Partners LLC increased its position in shares of Alibaba Group Holding Limited (NYSE:BABA) by 3.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,825 shares of the specialty retailer’s stock after buying an additional 134 shares during the quarter. Sivia Capital Partners LLC’s holdings in Alibaba Group were worth $324,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Concord Wealth Partners boosted its holdings in Alibaba Group by 155.0% during the third quarter. Concord Wealth Partners now owns 255 shares of the specialty retailer’s stock worth $27,000 after purchasing an additional 155 shares during the last quarter. Strategic Investment Solutions Inc. IL acquired a new position in shares of Alibaba Group during the 2nd quarter worth about $27,000. Highline Wealth Partners LLC bought a new position in shares of Alibaba Group in the 3rd quarter valued at about $36,000. Assetmark Inc. raised its holdings in Alibaba Group by 225.4% during the third quarter. Assetmark Inc. now owns 397 shares of the specialty retailer’s stock worth $42,000 after acquiring an additional 275 shares in the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in Alibaba Group during the second quarter valued at approximately $38,000. Institutional investors and hedge funds own 13.47% of the company’s stock.

Alibaba Group Stock Performance

Shares of NYSE:BABA traded up $0.19 on Monday, reaching $80.72. 7,010,764 shares of the company’s stock were exchanged, compared to its average volume of 11,347,113. Alibaba Group Holding Limited has a twelve month low of $66.63 and a twelve month high of $117.82. The company has a fifty day moving average of $87.59 and a 200-day moving average of $87.54. The company has a market capitalization of $192.35 billion, a price-to-earnings ratio of 16.37, a PEG ratio of 0.44 and a beta of 0.30. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.16.

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

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Barclays lowered their target price on shares of Alibaba Group from $137.00 to $130.00 and set an “overweight” rating on the stock in a report on Tuesday, November 19th. Bank of America upped their target price on shares of Alibaba Group from $106.00 to $124.00 and gave the company a “buy” rating in a report on Wednesday, October 9th. Mizuho lifted their price target on Alibaba Group from $92.00 to $113.00 and gave the stock an “outperform” rating in a report on Tuesday, November 12th. Benchmark restated a “buy” rating and issued a $118.00 price objective on shares of Alibaba Group in a research note on Friday, November 15th. Finally, Robert W. Baird lifted their target price on Alibaba Group from $88.00 to $110.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. Two research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. Based on data from MarketBeat.com, Alibaba Group has a consensus rating of “Moderate Buy” and an average price target of $115.13.

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.