Alibaba Group Holding Limited (NYSE:BABA) is Aurora Investment Managers LLC.’s 6th Largest Position

Aurora Investment Managers LLC. increased its holdings in shares of Alibaba Group Holding Limited (NYSE:BABA) by 4.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 76,486 shares of the specialty retailer’s stock after buying an additional 3,236 shares during the period. Alibaba Group comprises 3.9% of Aurora Investment Managers LLC.’s investment portfolio, making the stock its 6th largest holding. Aurora Investment Managers LLC.’s holdings in Alibaba Group were worth $6,485,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in BABA. FLC Capital Advisors acquired a new stake in Alibaba Group in the 4th quarter valued at about $255,000. Joule Financial LLC raised its holdings in Alibaba Group by 1.8% in the fourth quarter. Joule Financial LLC now owns 7,807 shares of the specialty retailer’s stock valued at $662,000 after acquiring an additional 140 shares in the last quarter. Aaron Wealth Advisors LLC lifted its stake in Alibaba Group by 30.4% in the fourth 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. Whitaker Myers Wealth Managers LTD. acquired a new position in Alibaba Group during the 4th quarter worth approximately $261,000. Finally, Riversedge Advisors LLC raised its holdings in shares of Alibaba Group by 41.0% in the 4th quarter. Riversedge Advisors LLC now owns 2,664 shares of the specialty retailer’s stock valued at $226,000 after purchasing an additional 774 shares in the last quarter. 13.47% of the stock is currently owned by institutional investors and hedge funds.

Alibaba Group Price Performance

Shares of NYSE:BABA opened at $85.16 on Tuesday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.37 and a current ratio of 1.37. Alibaba Group Holding Limited has a one year low of $66.63 and a one year high of $117.82. The company has a 50-day simple moving average of $86.06 and a 200-day simple moving average of $87.86. The stock has a market capitalization of $202.93 billion, a price-to-earnings ratio of 17.27, a PEG ratio of 0.40 and a beta of 0.30.

Alibaba Group (NYSE:BABA) last posted its quarterly earnings data on Friday, November 15th. The specialty retailer reported $15.06 EPS for the quarter, beating the consensus estimate of $1.87 by $13.19. The firm had revenue of $236.50 billion during the quarter, compared to the consensus estimate of $239.45 billion. Alibaba Group had a return on equity of 12.28% and a net margin of 8.98%. The firm’s revenue was up 5.2% compared to the same quarter last year. During the same period in the prior year, the business earned $1.82 EPS. On average, analysts predict that Alibaba Group Holding Limited will post 8.44 EPS for the current year.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Bank of America increased their target price on Alibaba Group from $106.00 to $124.00 and gave the company a “buy” rating in a report on Wednesday, October 9th. Macquarie upgraded Alibaba Group from a “neutral” rating to an “outperform” rating and set a $145.00 price objective on the stock in a report on Monday, October 7th. Benchmark restated a “buy” rating and set a $118.00 target price on shares of Alibaba Group in a research note on Friday, November 15th. Robert W. Baird increased their price target on shares of Alibaba Group from $88.00 to $110.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Finally, Mizuho raised their price objective on shares of Alibaba Group from $92.00 to $113.00 and gave the stock an “outperform” rating in a report on Tuesday, November 12th. Two investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $115.13.

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.