Free Trial

B. Metzler seel. Sohn & Co. AG Purchases 8,707 Shares of Alibaba Group Holding Limited $BABA

Alibaba Group logo with Retail/Wholesale background
Image from MarketBeat Media, LLC.

Key Points

  • B. Metzler increased its stake in Alibaba by 60.5% in Q4, buying 8,707 shares and raising its holding to 23,101 shares worth $3.386 million, according to a Form 13F filing.
  • Other large institutional moves include Capital World Investors boosting its position to 6,038,318 shares (up 1,074.9%) worth about $1.079 billion, alongside new or larger stakes from Artisan, Trivest, Coatue and Altimeter; institutions and hedge funds own about 13.47% of the stock.
  • For context, Alibaba shares opened at $135.69 (market cap $324.53B); the company reported $0.13 EPS and $40.71 billion in quarterly revenue, and analysts have a consensus rating of Moderate Buy with an average target of $187.68.
  • MarketBeat previews top five stocks to own in May.

B. Metzler seel. Sohn & Co. AG boosted its stake in shares of Alibaba Group Holding Limited (NYSE:BABA - Free Report) by 60.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,101 shares of the specialty retailer's stock after acquiring an additional 8,707 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in Alibaba Group were worth $3,386,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of BABA. Capital World Investors increased its position in Alibaba Group by 1,074.9% in the third quarter. Capital World Investors now owns 6,038,318 shares of the specialty retailer's stock worth $1,079,229,000 after purchasing an additional 5,524,354 shares during the period. Artisan Partners Limited Partnership acquired a new stake in Alibaba Group in the third quarter worth about $290,208,000. Trivest Advisors Ltd acquired a new stake in Alibaba Group in the third quarter worth about $202,126,000. Coatue Management LLC increased its position in Alibaba Group by 130.1% in the third quarter. Coatue Management LLC now owns 1,996,593 shares of the specialty retailer's stock worth $356,851,000 after purchasing an additional 1,128,826 shares during the period. Finally, Altimeter Capital Management LP acquired a new stake in Alibaba Group in the third quarter worth about $173,207,000. 13.47% of the stock is currently owned by institutional investors and hedge funds.

Alibaba Group Trading Up 3.0%

Shares of Alibaba Group stock opened at $135.69 on Friday. Alibaba Group Holding Limited has a 12-month low of $103.71 and a 12-month high of $192.67. The stock has a market cap of $324.53 billion, a P/E ratio of 25.60, a P/E/G ratio of 2.37 and a beta of 0.50. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.22. The business's 50 day moving average is $134.96 and its 200-day moving average is $152.53.

Alibaba Group (NYSE:BABA - Get Free Report) last announced its quarterly earnings data on Saturday, February 14th. The specialty retailer reported $0.13 earnings per share (EPS) for the quarter. The company had revenue of $40.71 billion for the quarter. Alibaba Group had a return on equity of 7.43% and a net margin of 9.12%. Equities research analysts predict that Alibaba Group Holding Limited will post 4.39 earnings per share for the current fiscal year.

More Alibaba Group News

Here are the key news stories impacting Alibaba Group this week:

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Freedom Capital lowered Alibaba Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, January 6th. Morgan Stanley reduced their target price on Alibaba Group from $200.00 to $180.00 and set an "overweight" rating on the stock in a report on Thursday, January 8th. JPMorgan Chase & Co. reduced their target price on Alibaba Group from $215.00 to $205.00 and set an "overweight" rating on the stock in a report on Friday, March 20th. Nomura raised their target price on Alibaba Group from $193.00 to $237.00 and gave the stock a "buy" rating in a report on Monday, January 26th. Finally, Loop Capital set a $140.00 target price on Alibaba Group in a report on Tuesday, January 6th. Sixteen analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Alibaba Group presently has a consensus rating of "Moderate Buy" and an average target price of $187.68.

View Our Latest Report on BABA

Alibaba Group Profile

(Free Report)

Alibaba Group Holding Limited is a Chinese multinational conglomerate founded in 1999 in Hangzhou, China, by Jack Ma and a group of co‑founders. The company built its business around internet-based commerce and related services and has grown into one of the largest e-commerce and technology companies in the world. Alibaba completed a high‑profile initial public offering on the New York Stock Exchange in 2014.

The company operates a portfolio of online marketplaces and platforms serving different customer segments: Alibaba.com for global and domestic B2B trade, Taobao for consumer-to-consumer shopping, and Tmall for brand and retailer storefronts targeted at Chinese consumers.

Recommended Stories

Institutional Ownership by Quarter for Alibaba Group (NYSE:BABA)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Alibaba Group Right Now?

Before you consider Alibaba Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alibaba Group wasn't on the list.

While Alibaba Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Options Trading Made Easy - Download Now Cover

Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines