Alibaba Group Holding Limited is a holding company. The institutional investor held 77,309 shares of the business services company at the end of 2017Q2, valued at $10.89 million, up from 22,880 at the end of the previous reported quarter. Alibaba Group Holding Limited had a higher price at the close than it did at the open.
A total of 31.58 Billion shares exchanged at hands and its average trading volume is standing at 18.33 Million shares.
More notable recent Alibaba Group Holding Limited (NYSE:BABA) news were published by: Investorplace.com which released: "Get Free Cash From Alibaba Group Holding Ltd by Christmas" on December 04, 2017, also Investorplace.com with their article: "The Alibaba Group Holding Ltd Rally Is Finally Wearing Out" published on November 27, 2017, Livetradingnews.com published: "Alibaba Group Holding Ltd (NYSE:BABA) Downward Trend" on December 05, 2017. It has outperformed by 40.63% the S&P500. Glovista Investments Llc who had been investing in Alibaba Group Hldg Ltd for a number of months, seems to be bullish on the $431.43 billion market cap company. It offers performance hard disk drives that are used in enterprise servers, data analysis, and other enterprise applications; capacity HDDs and drive configurations for use in data storage systems and tiered storage models; and enterprise solid state drives (SSDs), including NAND-flash SSDs and software solutions that are created to enhance the performance in various enterprise workload environments. The short ratio in the company's stock is documented at 6.58 and the short float is around of 15.39%.
Analysts are also projecting an Average Revenue Estimate for Alibaba Group Holding Limited as $11.99 Million in the Current Quarter. They expect $0.14 EPS, up 75.00% or $0.06 from last year's $0.08 per share. The low EPS estimate is $3.76, while the high EPS estimate is $5.07. Alibaba had 155 analyst reports since August 12, 2015 according to SRatingsIntel.
When we look at the Analyst Recommendations of the stock, the company has 1.08 rating given by Analysts where 1 stands for Strong Buy and 5 stands for Strong Sell. Therefore 95% are positive. The stock of Alibaba Group Holding Limited (NYSE:BABA) earned "Buy" rating by Axiom Capital on Wednesday, October 28. Finally, KeyCorp reaffirmed a "buy" rating on shares of Alibaba Group in a research note on Friday, November 3rd. On Tuesday, June 14 the stock rating was upgraded by Stifel Nicolaus to "Buy". The stock of Alibaba Group Holding Limited (NYSE:BABA) has "Buy" rating given on Monday, October 16 by Bank of America. Alibaba Group Holding presently has an average rating of "Buy" and an average price target of $129.74. The rating was upgraded by Standpoint Research to "Accumulate" on Monday, January 9. The Stock shows P/E value of 47.53 and Forward P/E of 25.73. Macquarie increased their price target on shares of Alibaba Group from $171.00 to $200.00 and gave the stock an "outperform" rating in a research report on Friday, August 18th. RBC Capital Markets maintained the stock with "Hold" rating in Thursday, November 2 report. It also upped Ishares Tr (IWN) stake by 8,364 shares and now owns 120,563 shares. Colony Starwood Homes was reduced too. The stock decreased 3.16% or $0.2 during the last trading session, reaching $6.28. The stock trades on a P/S of 14.58, which suggests that the shares are not attractive compared with peers. AstraZeneca PLC (NYSE:AZN) has risen 19.45% since December 6, 2016 and is uptrending. It has outperformed by 33.74% the S&P500.
Ratings analysis reveals 83% of Western Digital's analysts are positive. For the most recent quarter, quick ratio was 1.7, current ratio was 1.7, LT Debt/Equity ratio was 0.23 and Total Debt/Equity ratio stands at 0.28, while Payout ratio is 0. Bojangles Inc has $29 highest and $14.0 lowest target. The stock's average target of $79.88 is 2.67% above today's ($77.8) share price. Canaccord Genuity maintained Bill Barrett Corporation (NYSE:BBG) on Wednesday, September 30 with "Buy" rating. Deutsche Bank maintained it with "Buy" rating and $91 target in Thursday, March 24 report. The firm has "Buy" rating given on Thursday, November 3 by Brean Capital. The rating was maintained by Barclays Capital with "Equal-Weight" on Wednesday, October 18. The firm has "Buy" rating given on Thursday, July 13 by Jefferies. Morgan Stanley reinitiated it with "Overweight" rating and $130 target in Thursday, December 8 report. The stock has "Buy" rating by KeyBanc Capital Markets on Friday, October 6. The firm earned "Buy" rating on Tuesday, December 13 by Suntrust Robinson. The company was initiated on Tuesday, May 17 by Goldman Sachs.