11,100 Shares in Alibaba Group Holding Limited (BABA) Acquired by Dymon Asia Capital Ltd.

Dymon Asia Capital Ltd. purchased a new stake in Alibaba Group Holding Limited (NYSE:BABA) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 11,100 shares of the specialty retailer’s stock, valued at approximately $1,917,000. Alibaba Group accounts for about 4.0% of Dymon Asia Capital Ltd.’s holdings, making the stock its 5th biggest position.

A number of other institutional investors have also made changes to their positions in the business. Capital Research Global Investors grew its holdings in shares of Alibaba Group by 2.2% in the 2nd quarter. Capital Research Global Investors now owns 33,618,382 shares of the specialty retailer’s stock worth $4,736,830,000 after purchasing an additional 738,281 shares during the last quarter. FMR LLC grew its holdings in shares of Alibaba Group by 42.5% in the 2nd quarter. FMR LLC now owns 25,278,081 shares of the specialty retailer’s stock worth $3,561,681,000 after purchasing an additional 7,544,165 shares during the last quarter. Jennison Associates LLC grew its holdings in shares of Alibaba Group by 3.3% in the 2nd quarter. Jennison Associates LLC now owns 20,448,110 shares of the specialty retailer’s stock worth $2,881,139,000 after purchasing an additional 661,109 shares during the last quarter. Capital World Investors grew its holdings in shares of Alibaba Group by 5.7% in the 2nd quarter. Capital World Investors now owns 20,243,958 shares of the specialty retailer’s stock worth $2,852,374,000 after purchasing an additional 1,091,620 shares during the last quarter. Finally, UBS Asset Management Americas Inc. grew its holdings in shares of Alibaba Group by 5.4% in the 2nd quarter. UBS Asset Management Americas Inc. now owns 12,234,002 shares of the specialty retailer’s stock worth $1,723,771,000 after purchasing an additional 626,446 shares during the last quarter. 38.13% of the stock is currently owned by hedge funds and other institutional investors.

Alibaba Group Holding Limited (NYSE:BABA) opened at $169.58 on Tuesday. The company has a current ratio of 1.71, a quick ratio of 1.71 and a debt-to-equity ratio of 0.21. Alibaba Group Holding Limited has a 52-week low of $86.01 and a 52-week high of $191.75. The stock has a market cap of $447,203.13, a PE ratio of 50.76, a price-to-earnings-growth ratio of 1.32 and a beta of 2.52.

Several equities research analysts have recently weighed in on the stock. Bank of America reaffirmed a “buy” rating and issued a $200.00 target price on shares of Alibaba Group in a report on Monday, October 16th. Needham & Company LLC upped their target price on shares of Alibaba Group from $190.00 to $215.00 and gave the stock a “buy” rating in a report on Friday, November 3rd. Oppenheimer reaffirmed an “outperform” rating and issued a $190.00 target price (up previously from $165.00) on shares of Alibaba Group in a report on Friday, August 25th. Vetr lowered shares of Alibaba Group from a “strong-buy” rating to a “buy” rating and set a $199.42 target price on the stock. in a report on Wednesday, October 4th. Finally, Zacks Investment Research raised shares of Alibaba Group from a “hold” rating to a “buy” rating and set a $211.00 target price on the stock in a report on Wednesday, November 8th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, thirty-two have given a buy rating and two have assigned a strong buy rating to the company. Alibaba Group presently has a consensus rating of “Buy” and a consensus target price of $184.15.

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About Alibaba Group

Alibaba Group Holding Limited is a holding company. Through its subsidiaries, the Company is engaged in online and mobile commerce through offering of products, services and technology that enable merchants, brands and other businesses to transform the way they market, sell and operate in the People’s Republic of China (China) and internationally.

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Institutional Ownership by Quarter for Alibaba Group (NYSE:BABA)

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