Natural Investments LLC Takes $463,000 Position in Alibaba Group Holding Limited $BABA

Key Points

• Natural Investments LLC has acquired a new stake in Alibaba Group Holding Limited, investing approximately $463,000 in 4,090 shares during the second quarter.
• Several institutional investors increased their holdings in Alibaba, with significant acquisitions by Accent Capital Management and Fifth Third Bancorp among others, indicating growing confidence in the company.
• Analysts have mixed ratings on Alibaba, with the consensus being a "Buy" and a price target of $188.06, while ratings from some brokerages have recently varied from upgrading to downgrading.

Natural Investments LLC bought a new stake in Alibaba Group Holding Limited (NYSE:BABA - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 4,090 shares of the specialty retailer's stock, valued at approximately $463,000.

A number of other large investors also recently modified their holdings of the stock. Accent Capital Management LLC lifted its holdings in shares of Alibaba Group by 5.5% in the first quarter. Accent Capital Management LLC now owns 1,582 shares of the specialty retailer's stock valued at $209,000 after purchasing an additional 82 shares in the last quarter. Greenleaf Trust increased its position in shares of Alibaba Group by 1.0% during the first quarter. Greenleaf Trust now owns 8,336 shares of the specialty retailer's stock valued at $1,102,000 after acquiring an additional 85 shares during the last quarter. Principal Securities Inc. increased its position in shares of Alibaba Group by 0.5% during the first quarter. Principal Securities Inc. now owns 16,823 shares of the specialty retailer's stock valued at $2,225,000 after acquiring an additional 89 shares during the last quarter. Institute for Wealth Management LLC. increased its position in shares of Alibaba Group by 1.1% during the first quarter. Institute for Wealth Management LLC. now owns 8,578 shares of the specialty retailer's stock valued at $1,134,000 after acquiring an additional 93 shares during the last quarter. Finally, Fifth Third Bancorp increased its position in shares of Alibaba Group by 1.0% during the second quarter. Fifth Third Bancorp now owns 9,779 shares of the specialty retailer's stock valued at $1,109,000 after acquiring an additional 94 shares during the last quarter. Institutional investors own 13.47% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on BABA. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Alibaba Group in a research report on Wednesday. Susquehanna increased their price target on Alibaba Group from $175.00 to $190.00 and gave the company a "positive" rating in a research report on Thursday, September 18th. Wall Street Zen downgraded Alibaba Group from a "buy" rating to a "hold" rating in a research report on Friday, June 27th. Citigroup reaffirmed a "buy" rating on shares of Alibaba Group in a research report on Wednesday, September 24th. Finally, Barclays raised their target price on Alibaba Group from $145.00 to $190.00 and gave the stock an "overweight" rating in a research report on Monday, September 8th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of $188.06.

Alibaba Group Stock Performance

NYSE:BABA opened at $158.76 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.45 and a quick ratio of 1.45. The business has a fifty day simple moving average of $146.36 and a two-hundred day simple moving average of $127.50. Alibaba Group Holding Limited has a 1 year low of $80.06 and a 1 year high of $192.67. The company has a market capitalization of $378.50 billion, a P/E ratio of 18.46, a P/E/G ratio of 1.88 and a beta of 0.18.

Alibaba Group Company Profile

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.

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