Newbrook Capital Advisors LP Lifted Stake in Alibaba Group Hldg LTD (BABA)

Lloyd Doyle
December 7, 2017

First Eagle Investment Management LLC acquired a new stake in Alibaba Group during the third quarter worth about $104,000. AGF Investments Inc.'s holdings in Alibaba Group were worth $16,095,000 as of its most recent filing with the Securities and Exchange Commission (SEC). The stock has a market cap of $432,732.59, a price-to-earnings ratio of 49.12, a price-to-earnings-growth ratio of 1.28 and a beta of 2.52. About 6.56 million shares traded. Alibaba Group Holding Limited (NYSE:BABA) has risen 57.33% since December 7, 2016 and is uptrending. It has outperformed by 40.63% the S&P500. Shine Investment Advisory Services Inc. purchased a new position in shares of Alibaba Group during the 2nd quarter worth about $102,000. Brown Advisory Securities Llc sold 26,451 shares as the company's stock declined 15.11% while stock markets rallied. Institutional investors and hedge funds own 38.13% of the company's stock. The stock decreased 4.91% or $0.74 during the last trading session, reaching $14.32. About 217,378 shares traded. Teva Pharmaceutical Industries Limited (NYSE:TEVA) has declined 41.70% since December 6, 2016 and is downtrending. It has underperformed by 20.00% the S&P500.

Among 36 analysts covering Alibaba (NYSE:BABA), 34 have Buy rating, 1 Sell and 1 Hold. Therefore 60% are positive. Alibaba had 155 analyst reports since August 12, 2015 according to SRatingsIntel. The company was maintained on Friday, August 18 by RBC Capital Markets. The firm earned "Buy" rating on Thursday, October 19 by KeyBanc Capital Markets. The firm has "Hold" rating given on Tuesday, September 15 by Stifel Nicolaus. After $1.02 actual EPS reported by Alibaba Group Holding Limited for the previous quarter, Wall Street now forecasts 42.16 % EPS growth. The firm has made a decision to set a "Positive" rating along with a $220, adding 26.01 % to the target. The rating was initiated by JP Morgan with "Overweight" on Wednesday, August 31. (NASDAQ:CONN) earned "Outperform" rating by Oppenheimer on Friday, September 29. Needham maintained the shares of BABA in report on Tuesday, May 9 with "Buy" rating. On Tuesday, June 6 the stock rating was maintained by Oppenheimer with "Hold". Barclays Capital maintained The Descartes Systems Group Inc (NASDAQ:DSGX) rating on Friday, September 11. Alibaba Group Holding Limited has a 12 month low of $86.01 and a 12 month high of $191.75. Northern Cross Llc who had been investing in Alibaba Group Holding for a number of months, seems to be less bullish one the $442.94B market cap company. It also reduced Brookfield Infrast Partners (NYSE:BIP) stake by 245,471 shares and now owns 1.57 million shares.

Among 22 analysts covering Lam Research Corporation (NASDAQ:LRCX), 19 have Buy rating, 0 Sell and 3 Hold. Therefore 95% are positive. Schlumberger Limited. had 123 analyst reports since July 22, 2015 according to SRatingsIntel. Barclays Capital maintained the stock with "Overweight" rating in Friday, December 4 report. Bank of America reiterated a "buy" rating and issued a $200.00 price objective on shares of Alibaba Group in a report on Monday, October 16th. As per Thursday, October 6, the company rating was maintained by Citigroup. Piper Jaffray has "Buy" rating and $7600 target. The stock has "Outperform" rating by Credit Suisse on Friday, August 12. The firm has "Outperform" rating given on Thursday, January 7 by Robert W. Baird. Vetr downgraded Alibaba Group from a "strong-buy" rating to a "buy" rating and set a $199.42 price target on the stock.in a research note on Wednesday, October 4th. The company was maintained on Monday, April 25 by Cowen & Co. Oppenheimer maintained the stock with "Buy" rating in Friday, July 14 report. The rating was upgraded by HSBC to "Buy" on Monday, July 18. Its down 0.29, from 1.17 in 2017Q1.

Large investors have recently bought and sold shares of the business. D E Shaw And Communication, New York-based fund reported 160,244 shares. Green Square Capital Ltd Llc has 0.07% invested in Schlumberger Limited (NYSE:SLB). Cantab Capital Llp invested in 17,429 shares or 0% of the stock. Prologis Inc (NYSE:PLD) was raised too.


Analysts await Teva Pharmaceutical Industries Limited (NYSE:TEVA) to report earnings on February, 12. (NASDAQ:CONN). Federated Invsts Incorporated Pa holds 252 shares. Stephens Ar has invested 0.18% in Conn's, Inc. Natl Pension Serv reported 0.42% in Schlumberger Limited (NYSE:SLB). Businesswire.com's article titled: "Schlumberger Announces Fourth-Quarter and Full-Year 2017 Results Conference Call" and published on November 29, 2017 is yet another important article.

Sensato Investors Llc decreased Sk Telecom Ltd (NYSE:SKM) stake by 39,600 shares to 528,900 valued at $13.58M in 2017Q2.

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