Published: Sun, December 03, 2017
Finance | By Loren Pratt

Aviance Capital Partners LLC Lowers Holdings in Alibaba Group Holding Limited (BABA)


The legal version of this story can be accessed at https://www.dispatchtribunal.com/2017/12/02/alibaba-group-holding-limited-baba-shares-sold-by-amundi-pioneer-asset-management-inc.html. Alibaba Group Holding Ltd has a 52 week low of $73.30 and a 52 week high of $126.40. 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 in the last quarter.

Alibaba Group Holding Limited (BABA) traded down $2.47 during trading hours on Friday, reaching $174.61. It has outperformed by 40.63% the S&P500.

Donaldson Capital Management Llc increased Enbridge Incorporated (ENB) stake by 29.74% reported in 2017Q2 SEC filing. The institutional investor owned 1,596 shares of the specialty retailer's stock after selling 20 shares during the period. The company has market cap of $5.77 billion. The stock decreased 1.65% or $1.86 during the last trading session, reaching $110.73. Bainco Investors accumulated 1.07% or 76,204 shares. Trio-Tech International (TRT) has risen 56.80% since December 2, 2016 and is uptrending. It has underperformed by 40.17% the S&P500.

Investors sentiment decreased to 1.18 in Q2 2017. The company has a current ratio of 1.71, a quick ratio of 1.71 and a debt-to-equity ratio of 0.21. It improved, as 18 investors sold GOGO shares while 31 reduced holdings. 123 funds opened positions while 564 raised stakes. Alibaba Group accounts for 0.9% of Aviance Capital Partners LLC's portfolio, making the stock its 17th largest position. Int has 35,367 shares. Pittenger And Anderson Inc holds 0.89% of its portfolio in Visa Inc. Deutsche Bank Ag, a Germany-based fund reported 8,568 shares. Finally, UBS Asset Management Americas Inc. boosted its holdings in Alibaba Group by 5.4% in the second quarter. They expect $3.75 earnings per share, up 11.61% or $0.39 from last year's $3.36 per share. Netapp Inc Com now has $15.22 billion valuation. (NASDAQ:GOGO) for 175 shares. Aperio reported 120,090 shares. (NYSE:V). Permit Capital Ltd Liability Corp stated it has 0.17% of its portfolio in Visa Inc. Linden Ltd Partnership reported 388,200 shares. Moreover, Blackrock Inc. has 0% invested in the company for 311 shares. Murphy Capital owns 3.66% invested in Apple Inc. Robshaw & Julian accumulated 63,250 shares. Needham & Company LLC increased their target price on shares of Alibaba Group from $155.00 to $190.00 and gave the company a "buy" rating in a report on Friday, August 18th. Therefore 50% are positive. On Tuesday, October 25 the stock rating was initiated by Pacific Crest with "Overweight". As per Thursday, September 17, the company rating was maintained by Oppenheimer. The stock of NetApp, Inc. (NASDAQ:GOGO) earned "Buy" rating by Dougherty & Company on Wednesday, June 15. The firm has "Buy" rating given on Friday, June 23 by Oppenheimer. (NASDAQ:NTNX) earned "Neutral" rating by Goldman Sachs on Tuesday, October 25. As per Thursday, November 3, the company rating was maintained by Jefferies. The firm has "Outperform" rating given on Wednesday, March 2 by BMO Capital Markets. The company was maintained on Thursday, November 30 by Tigress Financial. (NYSE:TER) stake by 12,994 shares to 372,057 valued at $11.17M in 2017Q2. About 39.76M shares traded or 38.54% up from the average.


More notable recent Nutanix, Inc. (NASDAQ:ORLY) was released by: Globenewswire.com and their article: "O'Reilly Automotive, Inc". It also reduced Delta Air Lines Inc. It also upped Vanguard Bd Index Fd Inc Total Bd Market Etf (BND) stake by 12,997 shares and now owns 24,057 shares. (NYSE:DAL) stake by 7,067 shares and now owns 211,413 shares.

Ruane Cunniff & Goldfarb Inc decreased its stake in O Reilly Automotive Inc New (ORLY) by 9.04% based on its latest 2017Q2 regulatory filing with the SEC. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, thirty have given a buy rating and two have issued a strong buy rating to the company's stock. Therefore 54% are positive. Alibaba had 154 analyst reports since August 12, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with "Outperform" rating in Friday, August 21 report. RBC Capital Markets maintained the shares of BABA in report on Friday, August 12 with "Outperform" rating. Leuthold Group Llc acquired 6,723 shares as Alibaba Group Holding Ltd. Spo (BABA)'s stock rose 22.58%. (NASDAQ:NTAP), 14 have Buy rating, 8 Sell and 22 Hold. Bank of America maintained Alibaba Group Holding Limited (NYSE:BABA) on Thursday, September 7 with "Buy" rating. The stock has "Hold" rating by Credit Suisse on Tuesday, October 3. The stock of Sunoco LP (NYSE:SUN) earned "Outperform" rating by Robert W. Baird on Monday, April 10.

Among 36 analysts covering Alibaba (NYSE:BABA), 34 have Buy rating, 1 Sell and 1 Hold.

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