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Ardevora Asset Management LLP Boosts Stake in Alibaba Group Holding Ltd (BABA)

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27 May, 2017

Daniel Lascano decreased its stake in Alibaba Group Hldg Ltd (BABA) by 44.07% based on its latest 2016Q4 regulatory filing with the SEC. The Coatue Management Llc holds 4.26 million shares with $374.01M value, up from 2.78 million last quarter. Year to Date (YTD) performance of Alibaba Group Holding Limited (BABA) is 39.86 percent while its Performance (Week) is 1.73 percent and Performance (month) is at 6.35 percent. The stock rose 0.41% or $0.51 reaching $124.13 per share. The hedge fund run by Daniel Lascano held 86,364 shares of the business services company at the end of 2016Q4, valued at $7.58 million, down from 154,419 at the end of the previous reported quarter. The stock of Alibaba Group Holding Ltd (NYSE:BABA) earned "Hold" rating by TH Capital on Friday, August 14. It has outperformed by 40.63% the S&P500. After $0.02 actual EPS reported by New Gold Inc. Monmouth Real Estate Invt Co now has $1.08 billion valuation.

Alibaba Group Holding (NYSE:BABA) traded up 0.08% during midday trading on Tuesday, reaching $123.73.

About 127,363 shares traded. Monmouth R.E. Inv. Corp. Alibaba Group Holding had a net margin of 26.56% and a return on equity of 14.88%. It has outperformed by 11.08% the S&P500. Buy rating has been given by 0 analysts to the company stock whereas no analyst given UNDERPERFORM rating to stock and no analyst given HOLD rating. Therefore 94% are positive. Alibaba had 96 analyst reports since August 12, 2015 according to SRatingsIntel.

Baillie Gifford & Company increased Alibaba Group Holding Sponsored Adr (BABA) stake by 5.51% reported in 2016Q4 SEC filing. Cantor Fitzgerald reiterated an "overweight" rating and set a $135.00 price target (up previously from $120.00) on shares of Alibaba Group Holding in a research report on Friday. Pacific Crest initiated coverage on shares of Alibaba Group Holding in a research report on Wednesday, March 22nd. M Partners has "Buy" rating and $130 target. Melvin Capital Management Lp bought 1.13M shares as the company's stock rose 0.59% with the market. The company was upgraded on Tuesday, September 1 by Zacks. (NYSE:TGP), 3 have Buy rating, 0 Sell and 4 Hold.

More notable recent Alibaba Group Holding Ltd (NYSE:BABA) news were published by: Investorplace.com which released: "Can Alibaba Group Holding Ltd (BABA) Stock Keep Setting New Highs?" on May 09, 2017, also Reuters.com with their article: "Alibaba announces $6 billion buyback but misses EPS forecast" published on May 18, 2017, Investorplace.com published: "Is Alibaba Group Holding Ltd (BABA) CEO Jack Ma the Next Jeff Bezos?" on May 05, 2017. The firm has "Outperform" rating given on Friday, September 9 by Wells Fargo.

Investors sentiment increased to 1.14 in Q4 2016. Its down 0.33, from 1.72 in 2016Q3. It increased, as 51 investors sold XLNX shares while 178 reduced holdings. 29 funds opened positions while 68 raised stakes. Deutsche Bankshares Ag stated it has 28,707 shares. Ridgeworth Capital Mgmt Ltd owns 141,457 shares. Sterling Cap Management Ltd Limited Liability Company holds 118,699 shares. Blackrock Inv Mgmt holds 0% or 100,251 shares. Envestnet Asset reported 7,012 shares stake. (NYSE:MNR) for 196,288 shares. 116,007 were reported by Retail Bank Of New York Mellon. Ct Mason invested in 0.19% or 28,030 shares.

If we look at the Volatility of the company, Week Volatility is 3.13%, whereas Month Volatility is at 1.85%. Share performance for the month is now at -11.32%. The correct version of this piece of content can be read at https://www.com-unik.info/2017/05/26/barclays-plc-increases-alibaba-group-holding-ltd-baba-price-target-to-132-00-updated.html. Therefore 33% are positive. The stock has "Outperform" rating by BMO Capital Markets on Monday, August 24. The firm earned "Equal Weight" rating on Thursday, November 10 by Barclays Capital. (USA) (NYSEMKT:NGD) earned "Hold" rating by Mackie on Monday, August 31. The firm has "Buy" rating by Citigroup given on Thursday, June 9. The rating was initiated by Needham with "Buy" on Friday, April 15. Reliance Trust Co. of DE now owns 10,216 shares of the specialty retailer's stock valued at $1,101,000 after buying an additional 2,448 shares during the period. As per Wednesday, August 12, the company rating was downgraded by Wedbush. On Friday, May 5 the stock rating was maintained by National Securities with "Buy". Cheetah Mobile Inc (NYSE:CMCM) was reduced too.

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