Stock On the Run: Alibaba Group Holding Limited (NYSE:BABA)

FMR LLC now owns 25,278,081 shares of the specialty retailer's stock worth $3,561,681,000 after purchasing an additional 7,544,165 shares in the last quarter. The institutional investor held 73,065 shares of the business services company at the end of 2017Q3, valued at $12.62M, down from 87,250 at the end of the previous reported quarter. Trilogy Global Advisors Lp who had been investing in Alibaba Group Hldg Ltd for a number of months, seems to be less bullish one the $443.12B market cap company. The stock increased 0.53% or $0.72 during the last trading session, reaching $135.73. The institutional investor held 154,735 shares of the auto manufacturing company at the end of 2017Q3, valued at $12.77 million, up from 141,185 at the end of the previous reported quarter.

Alibaba Group Holding Ltd (NYSE BABA) opened at $173.70 on Friday. It has outperformed by 40.63% the S&P500. Boussard & Gavaudan Investment Management LLP lifted its position in Alibaba Group by 8.3% during the fourth quarter.

Hermes Investment Management Ltd increased its stake in Travelers Companies Inc (TRV) by 6.3% based on its latest 2017Q3 regulatory filing with the SEC. Legal & General Group Plc now owns 3,462,294 shares of the specialty retailer's stock worth $597,897,000 after buying an additional 1,174,045 shares in the last quarter. Price T Rowe Assoc Md invested 0% of its portfolio in Energy Recovery, Inc. The stock increased 0.40% or $0.702 during the last trading session, reaching $174.402. About 2.17M shares traded or 20.48% up from the average. It has outperformed by 13.83% the S&P500. M Partners has "Buy" rating and $130 target. Jefferies maintained the stock with "Buy" rating in Friday, June 16 report. The firm has "Buy" rating by HSBC given on Wednesday, September 27. (NASDAQ:ERII) rating on Monday, August 10. (NYSE:TRV) rating on Monday, February 13. The rating was maintained by Morgan Stanley with "Overweight" on Tuesday, June 28. The rating was initiated by Robert W. Baird on Wednesday, August 31 with "Outperform". FBR Capital has "Mkt Perform" rating and $119 target.

Since August 10, 2017, it had 0 insider purchases, and 2 sales for $234,255 activity.

Farr Miller & Washington Llc, which manages about $1.04 billion and $1.05 billion US Long portfolio, decreased its stake in Sprouts Farmers Market Inc (NASDAQ:SFM) by 377,958 shares to 905,516 shares, valued at $17.00M in 2017Q3, according to the filing. It is positive, as 57 investors sold SPG shares while 202 reduced holdings. (NASDAQ:INTU) by 2,319 shares in the quarter, leaving it with 188,337 shares, and cut its stake in Microsoft Corp (NASDAQ:MSFT). The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.29. The specialty retailer reported $1.34 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.42 by ($0.08). Nationwide Fund Advisors holds 0.01% or 51,678 shares in its portfolio. Mufg Americas Corp has 4,950 shares for 0.03% of their portfolio. Marcato Capital Management Lp, a California-based fund reported 811,609 shares. Lau Associates accumulated 12,567 shares. Schwab Charles Inv Mngmt invested in 0.01% or 157,952 shares. (NYSE:SPG). Fiduciary Tru holds 0.49% of its portfolio in Simon Property Group, Inc. About 6.35 million shares traded. Janus Henderson Group PLC now owns 4,521,315 shares of the specialty retailer's stock worth $780,953,000 after buying an additional 74,690 shares during the period. Loomis Sayles & LP has 77,367 shares. Sentry Invests Corporation invested in 1.53% or 770,900 shares. It represents the number of a stock's shares that are being shorted by investors. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, thirty-one have issued a buy rating and two have given a strong buy rating to the stock. Therefore 35% are positive. Alibaba had 168 analyst reports since August 12, 2015 according to SRatingsIntel.

Alibaba Group (NYSE:BABA) last released its earnings results on Thursday, February 1st. The stock has "Buy" rating by Jefferies on Tuesday, May 30. On Thursday, August 13 the stock rating was upgraded by Vetr to "Buy". BidaskClub upgraded shares of Alibaba Group from a "hold" rating to a "buy" rating in a research note on Thursday, November 2nd. Royal Bank of Canada restated a "buy" rating and issued a $185.00 price objective on shares of Alibaba Group in a research report on Monday, October 16th. The rating was maintained by RBC Capital Markets on Wednesday, November 1 with "Hold". The firm earned "Buy" rating on Thursday, January 25 by KeyBanc Capital Markets. Alibaba Group has an average rating of "Buy" and a consensus target price of $211.40.

Alibaba has been beefing up its retail presence with more than $10 billion of investments into brick-and-mortar outlets amid rising competition in the space from rival Tencent Holdings Ltd.Alibaba did not immediately respond to a request for comment on the announcement by Beijing Shiji Information.Beijing Shiji Information says it provides software and data systems to hotel firms such as InterContinental Hotels Group, retailers such as Starbucks Corp, and entertainment companies.

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