Published: Mon, April 30, 2018
Money | By Hannah Jacobs

Services Investor's Watch List- Alibaba Group Holding Limited (NYSE:BABA)


The company's stock rose 3.18% while stock markets declined as Newport Asia Llc sold 33,400 shares. The hedge fund run by Robert Boucai held 506,962 shares of the business services company at the end of 2017Q4, valued at $87.42M, up from 475,487 at the end of the previous reported quarter. Lone Pine Capital Llc who had been investing in Alibaba Group Hldg Ltd for a number of months, seems to be less bullish one the $446.83 billion market cap company. On Monday, November 6 the stock of Alibaba Group Holding Limited (NYSE:BABA) has "Outperform" rating given by Oppenheimer. About 15.06 million shares traded.


Alibaba Group (NYSE:BABA) had its price objective reduced by analysts at KeyCorp from $228.00 to $219.00 in a report issued on Tuesday, April 10th, Marketbeat reports. It has outperformed by 96.78% the S&P500.


A portfolio of $20.91 billion and $6.98B is managed by Hermes Investment Management Ltd. Healthcare Value Capital Llc bought 310,500 shares as the company's stock declined 1.47% with the market. The institutional investor held 1.65 million shares of the major banks company at the end of 2017Q4, valued at $123.12 million, down from 1.69 million at the end of the previous reported quarter. KeyCorp also issued estimates for Alibaba Group's Q4 2018 earnings at $0.59 EPS, Q1 2019 earnings at $1.18 EPS, Q2 2019 earnings at $1.21 EPS, Q3 2019 earnings at $2.02 EPS, Q4 2019 earnings at $1.04 EPS, FY2019 earnings at $5.44 EPS, Q1 2020 earnings at $1.65 EPS, Q2 2020 earnings at $1.70 EPS, Q3 2020 earnings at $2.72 EPS, Q4 2020 earnings at $1.47 EPS and FY2020 earnings at $7.55 EPS. The stock increased 0.30% or $0.53 during the last trading session, reaching $174.43. About 2.10M shares traded. 26 are the (NYSE:BABA)'s ratings reports on April 27, 2018 according to StockzIntelligence Inc. It has underperformed by 8.49% the S&P500.


According to the Recommendation Trends of the stock polled by Zacks Investment Research for this month, the company has a consensus recommendation of 1.12 out of the scale from 1 to 5 where 1 stands for Strong Buy and 5 means Strong Sell. Xencor had 21 analyst reports since August 5, 2015 according to SRatingsIntel. (NYSE:VZ), 13 have Buy rating, 0 Sell and 17 Hold. The company was maintained on Thursday, November 3 by RBC Capital Markets. (NASDAQ:XNCR) on Friday, September 4 to "Hold" rating. Finally, D.B. Root & Company LLC acquired a new position in shares of Alibaba Group in the 4th quarter valued at $862,000. The stock of Verizon Communications Inc. On Thursday, January 25 the rating was maintained by KeyBanc Capital Markets with "Buy". The firm earned "Buy" rating on Thursday, February 2 by Citigroup. The rating was upgraded by Canaccord Genuity on Friday, July 22 to "Buy". The firm earned "Underweight" rating on Wednesday, October 28 by Barclays Capital. Alibaba Group Holding Limited (BABA)'s value Change from Open was at 0.38% with a Gap of 1.78%. Therefore 95% are positive. The firm earned "Buy" rating on Monday, November 13 by Wells Fargo. They set a positive rating and a $220.00 target price on the stock. On Friday, February 2 the stock rating was maintained by Jefferies with "Buy". The firm has "Buy" rating by Needham given on Tuesday, May 9. JP Morgan upgraded the shares of Monday in report on Wednesday, September 21 to "Overweight" rating. On Thursday, January 25 KeyBanc Capital Markets maintained Alibaba Group Holding Limited (NYSE:BABA) rating. The firm has "Underperform" rating by Bank of America given on Wednesday, November 9. Robert W. Baird maintained the shares of BABA in report on Tuesday, October 17 with "Buy" rating. Robert W. Baird initiated the stock with "Outperform" rating in Thursday, January 7 report. RBC Capital Markets maintained General Electric Company (NYSE:GE) rating on Monday, October 19.

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