Flossbach Von Storch SE Has $9.67 Million Position in Alibaba Group Holding Limited $BABA

Key Points

• Flossbach Von Storch SE cut its stake in Alibaba by 57.4% in Q4, selling 89,000 shares and retaining 66,000 shares valued at about $9.67 million.
• Alibaba reported quarterly EPS of $0.13 on revenue of $40.71 billion, with shares trading down ~2.4%, a market cap of roughly $317.1 billion, a P/E of 25.01, and a 52‑week range of $103.71–$192.67.
• Analyst sentiment is mixed: MarketBeat lists a consensus rating of "Moderate Buy" with a target of $187.68, while individual firms have issued both upgrades and downgrades recently.

Flossbach Von Storch SE lessened its stake in Alibaba Group Holding Limited (NYSE:BABA - Free Report) by 57.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 66,000 shares of the specialty retailer's stock after selling 89,000 shares during the quarter. Flossbach Von Storch SE's holdings in Alibaba Group were worth $9,674,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC increased its position in Alibaba Group by 40.4% in the fourth quarter. Brighton Jones LLC now owns 3,411 shares of the specialty retailer's stock worth $289,000 after purchasing an additional 981 shares during the period. AQR Capital Management LLC acquired a new position in Alibaba Group during the first quarter valued at approximately $254,000. Bank of Nova Scotia increased its position in shares of Alibaba Group by 313.0% in the 2nd quarter. Bank of Nova Scotia now owns 21,778 shares of the specialty retailer's stock valued at $2,470,000 after buying an additional 16,505 shares in the last quarter. Daiwa Securities Group Inc. bought a new stake in shares of Alibaba Group in the second quarter worth about $1,613,000. Finally, Ieq Capital LLC increased its stake in Alibaba Group by 51.9% during the 2nd quarter. Ieq Capital LLC now owns 70,060 shares of the specialty retailer's stock worth $7,946,000 after purchasing an additional 23,925 shares in the last quarter. 13.47% of the stock is owned by institutional investors and hedge funds.

Alibaba Group Trading Down 2.4%

Shares of BABA stock opened at $132.57 on Tuesday. The stock's fifty day moving average price is $134.50 and its two-hundred day moving average price is $151.83. The company has a market cap of $317.07 billion, a PE ratio of 25.01, a P/E/G ratio of 2.44 and a beta of 0.50. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.33 and a current ratio of 1.33. Alibaba Group Holding Limited has a fifty-two week low of $103.71 and a fifty-two week high of $192.67.

Alibaba Group (NYSE:BABA - Get Free Report) last released its earnings results on Saturday, February 14th. The specialty retailer reported $0.13 earnings per share (EPS) for the quarter. The firm 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 analysts predict that Alibaba Group Holding Limited will post 4.39 EPS for the current fiscal year.

Analyst Ratings Changes

BABA has been the subject of a number of research reports. DZ Bank cut Alibaba Group from a "buy" rating to a "hold" rating and set a $135.00 target price for the company. in a report on Friday, March 20th. Freedom Capital upgraded shares of Alibaba Group from a "hold" rating to a "strong-buy" rating in a research note on Friday. Arete Research raised Alibaba Group from a "neutral" rating to a "buy" rating and set a $190.00 price objective for the company in a research report on Wednesday, January 21st. Zacks Research downgraded shares of Alibaba Group from a "hold" rating to a "strong sell" rating in a report on Wednesday, April 22nd. Finally, JPMorgan Chase & Co. reduced their price target on Alibaba Group from $215.00 to $205.00 and set an "overweight" rating for the company in a research note on Friday, March 20th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $187.68.

About Alibaba Group

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.

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