Osborne Partners Capital Management LLC Sells 4,098 Shares of Alibaba Group Holding Limited $BABA

Key Points

• Osborne Partners Capital Management sold 4,098 shares of Alibaba in Q4, trimming its stake by 3.7% to 107,814 shares worth about $15.8 million, per its latest 13F filing.
• Alibaba trades with a market cap of $335.07 billion and a P/E of 26.43 (52‑week range $103.71–$192.67), and analysts maintain a consensus "Moderate Buy" with an average price target of $187.68 despite several recent price-target cuts.
• In the most recent quarter Alibaba reported $0.13 EPS on $40.71 billion in revenue, with a net margin of 9.12% and analysts projecting full-year EPS of about 4.39.

Osborne Partners Capital Management LLC lessened its position in shares of Alibaba Group Holding Limited (NYSE:BABA - Free Report) by 3.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 107,814 shares of the specialty retailer's stock after selling 4,098 shares during the period. Osborne Partners Capital Management LLC's holdings in Alibaba Group were worth $15,803,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in BABA. Ameriflex Group Inc. lifted its holdings in shares of Alibaba Group by 101.4% during the 3rd quarter. Ameriflex Group Inc. now owns 143 shares of the specialty retailer's stock worth $26,000 after acquiring an additional 72 shares during the period. Mather Group LLC. bought a new stake in shares of Alibaba Group during the 3rd quarter worth approximately $30,000. Foster Dykema Cabot & Partners LLC bought a new stake in shares of Alibaba Group during the 3rd quarter worth approximately $30,000. NBT Bank N A NY lifted its holdings in shares of Alibaba Group by 231.5% during the 3rd quarter. NBT Bank N A NY now owns 179 shares of the specialty retailer's stock worth $32,000 after acquiring an additional 125 shares during the period. Finally, Palisade Asset Management LLC bought a new stake in shares of Alibaba Group during the 3rd quarter worth approximately $37,000. Institutional investors own 13.47% of the company's stock.

Alibaba Group Price Performance

BABA stock opened at $140.09 on Tuesday. The company has a market capitalization of $335.07 billion, a P/E ratio of 26.43, a PEG ratio of 2.54 and a beta of 0.50. The company has a fifty day moving average price of $137.09 and a 200-day moving average price of $153.52. 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 52-week low of $103.71 and a 52-week high of $192.67.

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

Analyst Ratings Changes

A number of equities analysts recently issued reports on BABA shares. Weiss Ratings cut shares of Alibaba Group from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday, February 27th. Morgan Stanley lowered their price objective on shares of Alibaba Group from $200.00 to $180.00 and set an "overweight" rating for the company in a research report on Thursday, January 8th. Mizuho lowered their price objective on shares of Alibaba Group from $195.00 to $190.00 and set an "outperform" rating for the company in a research report on Friday, March 20th. Arete Research upgraded shares of 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. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Alibaba Group from $215.00 to $205.00 and set an "overweight" rating for the company in a research report on Friday, March 20th. Sixteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target 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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