Alibaba Group Holding Limited (NYSE:BABA) Sees Significant Decline in Short Interest


The company has market cap of $28.05 million. The stock increased 2.05% or $2.93 on November 22, reaching $145.8. The firm has "Underperform" rating given on Wednesday, March 16 by Bank of America.

Sloane Robinson LLP acquired a new stake in Alibaba Group Holding Limited (NYSE:BABA) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. Junto Capital Management Lp acquired 156,250 shares as Alibaba Group Hldg Ltd (BABA)'s stock rose 22.58%. The company was upgraded on Wednesday, October 25 by Mizuho. Alibaba Group Hldg Ltd now has $486.21B valuation.

Alibaba Group Holding Limited (NYSE BABA) opened at $189.84 on Friday. It has outperformed by 7.11% the S&P500. About 9.95M shares traded or 39.75% up from the average. It also upped Ternium Sa (NYSE:TX) stake by 293,260 shares and now owns 869,423 shares.

Thomas J Herzfeld Advisors Inc decreased Royce Value Trust Inc (RVT) stake by 22.3% reported in 2017Q2 SEC filing. 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. BABA's profit will be $3.71 billion for 32.73 P/E if the $1.45 EPS becomes a reality.

Wellington Shields Capital Management Upped Abb Limited Spons Adr (ABB) Holding; Newport Asia Decreased Its Alibaba Group Holding (BABA) Stake

More notable recent Alibaba Group Holding Ltd (NYSE:BABA) news were published by: which released: "Alibaba Isn't Like Amazon". (NYSE:PHM) has risen 30.02% since November 24, 2016 and is uptrending. The stock of Alibaba Group Holding Ltd (NYSE:BABA) earned "Buy" rating by Brean Capital on Friday, January 29. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, thirty-three have issued a buy rating and one has assigned a strong buy rating to the company's stock. Therefore 26% are positive. The Home Depot Inc. had 87 analyst reports since August 19, 2015 according to SRatingsIntel. On Thursday, August 13 the stock rating was maintained by RBC Capital Markets with "Outperform". After $1.02 actual EPS reported by Alibaba Group Holding Ltd for the previous quarter, Wall Street now forecasts 42.16% EPS growth. Robert W. Baird reissued a "neutral" rating and issued a $37.00 price target on shares of Alibaba Group Holding in a research note on Wednesday, January 25th. Zacks Investment Research upgraded shares of Alibaba Group Holding Limited from a "hold" rating to a "buy" rating and set a $179.00 price objective for the company in a research note on Thursday, August 17th. UBS maintained the shares of BABA in report on Friday, August 18 with "Buy" rating. The rating was maintained by Barclays Capital on Tuesday, October 31 with "Overweight". Credit Suisse maintained the stock with "Outperform" rating in Friday, May 6 report. The firm earned "Buy" rating on Tuesday, August 2 by Stifel Nicolaus.

Investors sentiment increased to 1.35 in Q2 2017. Its down 0.02, from 0.97 in 2017Q1. Capital World Investors boosted its stake in shares of Alibaba Group Holding Limited by 5.7% during the 2nd quarter. With 16,300 avg volume, 0 days are for Lianluo Smart Limited (NASDAQ:LLIT)'s short sellers to cover LLIT's short positions. 249.89 million shares or 6.67% less from 267.74 million shares in 2017Q1 were reported. Comml Bank has invested 0.25% in Home Depot Inc (NYSE:HD). Comerica holds 0.4% or 51,109 shares in its portfolio. Aberdeen Asset Management Public Lc Uk accumulated 169,059 shares or 0% of the stock. M&T Bancorp holds 18,263 shares. Evermay Wealth Mgmt Limited Liability Co, a Virginia-based fund reported 2,229 shares. Capital World Investors grew its stake in Alibaba Group Holding Limited by 5.7% during the second quarter. Piedmont Investment Advsrs Ltd Liability Corporation owns 56,523 shares or 0.21% of their USA portfolio. Oregon Public Employees Retirement Fund owns 86,884 shares or 0.01% of their U.S. portfolio. 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. Northwestern Mutual Wealth Mngmt Com holds 146,056 shares or 0.02% of its portfolio. 8,089 are held by Amer Bancorporation. Jasper Ridge Ptnrs LP accumulated 960,845 shares. (NYSE:OKE). Hanson & Doremus Mngmt invested 0.43% in ONEOK, Inc.

Breton Hill Capital Ltd decreased Synopsys Inc (NASDAQ:SNPS) stake by 4,234 shares to 12,941 valued at $944,000 in 2017Q2. About 27,007 shares traded. The insider HAMMERGREN JOHN H sold 19,316 shares worth $3.14 million.

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