VR Advisory Services Ltd Has $2.12 Million Stock Position in Alibaba Group Holding Limited (NYSE:BABA)

VR Advisory Services Ltd lowered its position in shares of Alibaba Group Holding Limited (NYSE:BABA - Free Report) by 50.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,000 shares of the specialty retailer's stock after selling 25,000 shares during the quarter. Alibaba Group makes up approximately 0.5% of VR Advisory Services Ltd's holdings, making the stock its 16th biggest holding. VR Advisory Services Ltd's holdings in Alibaba Group were worth $2,120,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Brooklyn Investment Group bought a new stake in Alibaba Group during the 4th quarter worth about $87,000. Aaron Wealth Advisors LLC grew its holdings in Alibaba Group by 30.4% during the 4th quarter. Aaron Wealth Advisors LLC now owns 5,987 shares of the specialty retailer's stock worth $508,000 after acquiring an additional 1,395 shares during the last quarter. FLC Capital Advisors bought a new stake in Alibaba Group during the 4th quarter worth about $255,000. Aurora Investment Managers LLC. grew its holdings in Alibaba Group by 4.4% during the 4th quarter. Aurora Investment Managers LLC. now owns 76,486 shares of the specialty retailer's stock worth $6,485,000 after acquiring an additional 3,236 shares during the last quarter. Finally, Ballentine Partners LLC grew its holdings in Alibaba Group by 5.9% during the 4th quarter. Ballentine Partners LLC now owns 13,892 shares of the specialty retailer's stock worth $1,178,000 after acquiring an additional 779 shares during the last quarter. Institutional investors and hedge funds own 13.47% of the company's stock.

Alibaba Group Stock Performance

Shares of BABA stock opened at $123.04 on Tuesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.48 and a current ratio of 1.48. The company has a market capitalization of $293.81 billion, a P/E ratio of 17.78, a price-to-earnings-growth ratio of 0.61 and a beta of 0.24. The company's 50 day moving average price is $123.10 and its two-hundred day moving average price is $107.51. Alibaba Group Holding Limited has a 52 week low of $71.80 and a 52 week high of $148.43.

Alibaba Group (NYSE:BABA - Get Free Report) last announced its earnings results on Thursday, February 20th. The specialty retailer reported $2.77 EPS for the quarter, missing the consensus estimate of $2.84 by ($0.07). Alibaba Group had a return on equity of 12.89% and a net margin of 12.29%. The company had revenue of $38.38 billion for the quarter, compared to analyst estimates of $38.19 billion. On average, analysts expect that Alibaba Group Holding Limited will post 7.86 earnings per share for the current fiscal year.

Alibaba Group Cuts Dividend

The firm also recently disclosed a -- dividend, which will be paid on Thursday, July 10th. Stockholders of record on Thursday, June 12th will be issued a $0.95 dividend. The ex-dividend date of this dividend is Thursday, June 12th. This represents a dividend yield of 0.8%. Alibaba Group's dividend payout ratio (DPR) is presently 13.15%.

Analyst Ratings Changes

A number of equities research analysts have commented on BABA shares. Benchmark decreased their price objective on shares of Alibaba Group from $190.00 to $176.00 and set a "buy" rating on the stock in a report on Friday. Bank of America raised their target price on shares of Alibaba Group from $117.00 to $150.00 and gave the company a "buy" rating in a research note on Friday, February 21st. Citigroup reduced their target price on shares of Alibaba Group from $170.00 to $169.00 and set a "buy" rating on the stock in a research note on Tuesday, April 8th. Morgan Stanley set a $180.00 target price on shares of Alibaba Group in a research note on Wednesday, May 14th. Finally, Arete Research raised shares of Alibaba Group to a "strong-buy" rating in a research note on Friday, February 28th. One investment analyst has rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of $154.21.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.