As Alibaba Group Hldg LTD (BABA) Market Value Rose, Shareholder United American Securities Trimmed Its Position by $6.58 Million; Gulf International Bank Uk LTD Boosted Its Position in Alibabagrouphold (BABA) as Valuation Rose

April 25, 2018 - By Russell Anderson

United American Securities Inc decreased its stake in Alibaba Group Hldg Ltd (BABA) by 63.06% based on its latest 2017Q4 regulatory filing with the SEC. United American Securities Inc sold 38,239 shares as the company’s stock rose 3.18% while stock markets declined. The institutional investor held 22,396 shares of the business services company at the end of 2017Q4, valued at $3.86M, down from 60,635 at the end of the previous reported quarter. United American Securities Inc who had been investing in Alibaba Group Hldg Ltd for a number of months, seems to be less bullish one the $444.75B market cap company. The stock decreased 1.41% or $2.48 during the last trading session, reaching $173.09. About 14.57M shares traded. Alibaba Group Holding Limited (NYSE:BABA) has risen 68.29% since April 25, 2017 and is uptrending. It has outperformed by 56.74% the S&P500.

Gulf International Bank Uk Ltd increased its stake in Alibabagrouphold (BABA) by 0.74% based on its latest 2017Q4 regulatory filing with the SEC. Gulf International Bank Uk Ltd bought 2,000 shares as the company’s stock rose 3.18% while stock markets declined. The institutional investor held 273,400 shares of the business services company at the end of 2017Q4, valued at $47.14 million, up from 271,400 at the end of the previous reported quarter. Gulf International Bank Uk Ltd who had been investing in Alibabagrouphold for a number of months, seems to be bullish on the $444.75B market cap company. The stock decreased 1.41% or $2.48 during the last trading session, reaching $173.09. About 14.57 million shares traded. Alibaba Group Holding Limited (NYSE:BABA) has risen 68.29% since April 25, 2017 and is uptrending. It has outperformed by 56.74% the S&P500.

Among 38 analysts covering Alibaba (NYSE:BABA), 36 have Buy rating, 1 Sell and 1 Hold. Therefore 95% are positive. Alibaba had 171 analyst reports since August 12, 2015 according to SRatingsIntel. RBC Capital Markets maintained Alibaba Group Holding Limited (NYSE:BABA) on Sunday, October 15 with “Buy” rating. RBC Capital Markets maintained the shares of BABA in report on Wednesday, October 28 with “Outperform” rating. SunTrust maintained Alibaba Group Holding Limited (NYSE:BABA) on Friday, August 12 with “Buy” rating. KeyBanc Capital Markets maintained Alibaba Group Holding Limited (NYSE:BABA) rating on Thursday, October 19. KeyBanc Capital Markets has “Buy” rating and $182.0 target. China Renaissance Securities (US) Inc. maintained Alibaba Group Holding Limited (NYSE:BABA) rating on Thursday, January 25. China Renaissance Securities (US) Inc. has “Buy” rating and $230.0 target. The stock of Alibaba Group Holding Limited (NYSE:BABA) earned “Buy” rating by Wells Fargo on Monday, November 13. RBC Capital Markets maintained Alibaba Group Holding Limited (NYSE:BABA) on Friday, August 18 with “Outperform” rating. On Thursday, July 13 the stock rating was maintained by Jefferies with “Buy”. JP Morgan maintained it with “Overweight” rating and $96 target in Saturday, August 22 report. Wedbush maintained the shares of BABA in report on Friday, January 29 with “Neutral” rating.

Gulf International Bank Uk Ltd, which manages about $7.87B US Long portfolio, decreased its stake in Marriottintl (NASDAQ:MAR) by 2,900 shares to 100,880 shares, valued at $13.69M in 2017Q4, according to the filing. It also reduced its holding in Applecompute (NASDAQ:AAPL) by 14,645 shares in the quarter, leaving it with 1.63M shares, and cut its stake in Homedepotinc (NYSE:HD).

Among 38 analysts covering Alibaba (NYSE:BABA), 36 have Buy rating, 1 Sell and 1 Hold. Therefore 95% are positive. Alibaba had 171 analyst reports since August 12, 2015 according to SRatingsIntel. As per Friday, August 12, the company rating was upgraded by Macquarie Research. Suntrust Robinson maintained it with “Buy” rating and $110 target in Friday, August 12 report. The firm earned “Buy” rating on Friday, April 15 by Needham. On Friday, October 30 the stock rating was maintained by M Partners with “Buy”. The rating was maintained by Credit Suisse on Friday, August 12 with “Outperform”. Cantor Fitzgerald maintained the shares of BABA in report on Wednesday, September 9 with “Buy” rating. The stock has “Buy” rating by Cantor Fitzgerald on Wednesday, August 26. The stock has “Accumulate” rating by Standpoint Research on Monday, January 9. The firm earned “Buy” rating on Wednesday, September 28 by Daiwa Securities. The stock has “Overweight” rating by JP Morgan on Saturday, August 22.

United American Securities Inc, which manages about $201.06M and $215.78 million US Long portfolio, upped its stake in Bank Of America Corporation Co (NYSE:BAC) by 74,700 shares to 95,150 shares, valued at $2.81 million in 2017Q4, according to the filing. It also increased its holding in Alphabet Inc Cap Stk Cl C by 544 shares in the quarter, for a total of 6,428 shares, and has risen its stake in Facebook Inc Cl A (NASDAQ:FB).

Analysts await Alibaba Group Holding Limited (NYSE:BABA) to report earnings on May, 4 before the open. They expect $0.71 EPS, up 82.05% or $0.32 from last year’s $0.39 per share. BABA’s profit will be $1.82B for 60.95 P/E if the $0.71 EPS becomes a reality. After $1.34 actual EPS reported by Alibaba Group Holding Limited for the previous quarter, Wall Street now forecasts -47.01% negative EPS growth.

Alibaba Group Holding Limited (NYSE:BABA) Ratings Chart

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