Alibaba Group Holding Limited (BABA) Analysts See $0.71 EPS on May, 4

Alibaba Group Holding Limited (BABA) Analysts See $0.71 EPS on May, 4

Alibaba Group Holding Limited (BABA) Analysts See $0.71 EPS on May, 4

The firm owned 45,149 shares of the specialty retailer's stock after buying an additional 3,847 shares during the quarter. In 2018Q1, the 278,915 shares in Alibaba Group Holding (NYSE:BABA) held by Veritas Asset Management Llp were valued $51.19M, up from 165,000 last quarter. Annex Advisory Services Llc who had been investing in At&T Inc for a number of months, seems to be bullish on the $195.99B market cap company. The stock increased 0.93% or $0.35 during the last trading session, reaching $38.1. About 473,131 shares traded. It has underperformed by 35.11% the S&P500.

Glaxis Capital Management Llc increased its stake in Alibaba Group Hldg Ltd (BABA) by 527.1% based on its latest 2017Q4 regulatory filing with the SEC. Jackson Wealth Management Llc bought 10,866 shares as the company's stock rose 10.71% while stock markets declined. The institutional investor held 82,842 shares of the consumer non-durables company at the end of 2017Q4, valued at $9.93M, up from 76,732 at the end of the previous reported quarter. 26,257,648 shares of the company were exchanged, compared to its average volume of 19,460,428. On Monday, November 13 SunTrust maintained Alibaba Group Holding Limited (NYSE:BABA) rating. The stock outperformed the S&P 500 by 56.74%.

Among 8 analysts covering Taiwan Semiconductor Manufacturing (NYSE:TSM), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 83% are positive.

BABA has been the topic of several recent research reports. One investment analyst has rated the stock with a hold rating, thirty have issued a buy rating and two have assigned a strong buy rating to the stock. The firm had revenue of $12.76 billion for the quarter, compared to the consensus estimate of $12.36 billion. On Friday, August 18 the stock rating was maintained by RBC Capital Markets with "Outperform". Needham maintained it with "Buy" rating and $190.0 target in Thursday, September 28 report. OppenheimerFunds Inc. now owns 16,055,811 shares of the specialty retailer's stock valued at $2,768,502,000 after buying an additional 1,122,712 shares during the period. The rating was upgraded by Credit Suisse on Friday, December 11 to "Outperform". On Tuesday, March 6 the rating was maintained by Oppenheimer with "Buy". The stock has "Buy" rating by Brean Capital on Wednesday, October 28.

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Glaxis Capital Management Llc, which manages about $142.00 million and $71.58 million US Long portfolio, decreased its stake in Salesforce Com Inc (NYSE:CRM) by 48,670 shares to 15,000 shares, valued at $1.53M in 2017Q4, according to the filing. It also reduced its holding in Paypal Hldgs Inc by 5.46M shares in the quarter, leaving it with 5.90 million shares, and cut its stake in Hdfc Bank Ltd (NYSE:HDB).

Investors sentiment decreased to 0.97 in 2017 Q4. Its up 0.12, from 0.8 in 2017Q3. Sold All: 31 Reduced: 109 Increased: 110 New Position: 57. 22 funds opened positions while 60 raised stakes. Analysts have anticipation on stock's earnings per share of $0.71. Schwab Charles Investment stated it has 317,235 shares or 0.01% of all its holdings. Goldentree Asset Mngmt LP reported 0.79% in Spirit Realty Capital, Inc. United Kingdom-based Legal & General Group Inc Public Ltd Com has invested 0.8% in The Home Depot, Inc. Grandfield And Dodd Ltd Liability Corporation holds 0.11% of its portfolio in The Home Depot, Inc. If $0.71 is reported, BABA's profit will hit $1.82 billion for 63.89 P/E. Texas Yale Cap Corp invested in 0.03% or 2,925 shares. Patriot Wealth Management holds 1.67% or 308,456 shares in its portfolio. Vnbtrust Natl Association accumulated 6,355 shares or 0.14% of the stock. Atlas Browninc reported 0.1% in Cisco Systems, Inc.

Since November 16, 2017, it had 1 insider purchase, and 1 insider sale for $1.06 million activity. Listed here are Alibaba Group Holding Limited (NYSE:BABA) PTs and latest ratings. Therefore 100% are positive. On Friday, February 2 KeyBanc Capital Markets maintained the shares of BABA in report with "Buy" rating. Raymond James has "Strong Buy" rating and $124 target. The firm has "Reduce" rating by Standpoint Research given on Thursday, April 20.

Alibaba Group (NYSE:BABA) last released its quarterly earnings results on Thursday, February 1st. The firm earned "Overweight" rating on Friday, August 18 by KeyBanc Capital Markets. The firm earned "Buy" rating on Monday, November 13 by Wells Fargo. The share last price represents downtick move of -12.00% in value from company's 52-Week high price and shows 59.17% above change in value from its 52-Week low price.

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