Sylebra Hk Company LTD Has Lowered Alibaba Group Hldg LTD (BABA) Holding By $13.28 Million; Alpine Global Premier Properties Fund (AWP)’s Sentiment Is 1.04

December 12, 2017 - By Darrin Black

Sylebra Hk Company Ltd decreased Alibaba Group Hldg Ltd (BABA) stake by 27.29% reported in 2017Q2 SEC filing. Sylebra Hk Company Ltd sold 94,892 shares as Alibaba Group Hldg Ltd (BABA)’s stock rose 22.58%. The Sylebra Hk Company Ltd holds 252,788 shares with $35.62 million value, down from 347,680 last quarter. Alibaba Group Hldg Ltd now has $448.15 billion valuation. The stock decreased 2.58% or $4.63 during the last trading session, reaching $174.66. About 18.93M shares traded or 0.70% up from the average. Alibaba Group Holding Limited (NYSE:BABA) has risen 57.33% since December 12, 2016 and is uptrending. It has outperformed by 40.63% the S&P500.

The stock increased 0.77% or $0.05 during the last trading session, reaching $6.52. About 263,821 shares traded. Alpine Global Premier Properties Fund (AWP) has risen 12.41% since December 12, 2016 and is uptrending. It has underperformed by 4.29% the S&P500.

Orinda Asset Management Llc holds 1.92% of its portfolio in Alpine Global Premier Properties Fund for 391,039 shares. Cornerstone Advisors Inc owns 1.14 million shares or 1.32% of their US portfolio. Moreover, 1607 Capital Partners Llc has 0.96% invested in the company for 2.53 million shares. The Texas-based Wfg Advisors Lp has invested 0.76% in the stock. Robinson Capital Management Llc, a Michigan-based fund reported 231,058 shares.

Among 37 analysts covering Alibaba (NYSE:BABA), 35 have Buy rating, 1 Sell and 1 Hold. Therefore 95% are positive. Alibaba had 156 analyst reports since August 12, 2015 according to SRatingsIntel. Macquarie Research maintained Alibaba Group Holding Limited (NYSE:BABA) rating on Friday, August 18. Macquarie Research has “Outperform” rating and $200 target. Wedbush maintained Alibaba Group Holding Limited (NYSE:BABA) on Wednesday, October 28 with “Neutral” rating. The stock of Alibaba Group Holding Limited (NYSE:BABA) earned “Buy” rating by KeyBanc Capital Markets on Thursday, October 19. Bernstein initiated the shares of BABA in report on Wednesday, January 11 with “Outperform” rating. The firm has “Buy” rating given on Friday, August 18 by Needham. The firm earned “Buy” rating on Wednesday, October 28 by Brean Capital. On Wednesday, August 12 the stock rating was maintained by Cantor Fitzgerald with “Buy”. The company was maintained on Tuesday, June 27 by JP Morgan. The stock has “Buy” rating by Bank of America on Thursday, August 17. As per Thursday, October 29, the company rating was downgraded by Standpoint Research.

Analysts await Alibaba Group Holding Limited (NYSE:BABA) to report earnings on January, 23. They expect $1.45 EPS, up 33.03% or $0.36 from last year’s $1.09 per share. BABA’s profit will be $3.72B for 30.11 P/E if the $1.45 EPS becomes a reality. After $1.02 actual EPS reported by Alibaba Group Holding Limited for the previous quarter, Wall Street now forecasts 42.16% EPS growth.

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