Zacks Investment Research Downgrades Alibaba Group (NYSE:BABA) to Hold


The Suvretta Capital Management Llc holds 1.83M shares with $315.88M value, down from 2.20M last quarter. Bamco Inc invested in 0.11% or 592,000 shares. The stock increased 0.36% or $0.08 during the last trading session, reaching $22.42. About 61,845 shares traded. Sunoco LP (NYSE:SUN) has declined 6.50% since January 13, 2017 and is downtrending. It has underperformed by 15.07% the S&P500. Private Asset Management Inc. increased its stake in Alibaba Group by 11.0% during the fourth quarter. Vetr upgraded shares of Alibaba Group from a buy rating to a strong-buy rating and set a $209.21 price target on the stock in a research report on Wednesday, November 29th. The hedge fund run by Warren Lammert held 6,100 shares of the business services company at the end of 2017Q3, valued at $1.05 million, down from 46,000 at the end of the previous reported quarter. Two Sigma Securities Llc who had been investing in Alibaba Group Hldg Ltd for a number of months, seems to be less bullish one the $481.84B market cap company. Carret Asset Management LLC now owns 7,244 shares of the specialty retailer's stock valued at $1,021,000 after buying an additional 150 shares during the last quarter. About 1.43 million shares traded or 52.65% up from the average.

Alibaba Group Holding Limited (BABA) reported its last quarterly earnings on 9/29/2017 where the firm reported its Actual EPS of $1.32/share against the analyst consensus estimate of $1.05/share. It has outperformed by 40.33% the S&P500.

Among 18 analysts covering Sunoco Inc. The stock has "Outperform" rating by Bernstein on Thursday, September 14. Therefore 83% are positive. FMC Tech had 85 analyst reports since July 23, 2015 according to SRatingsIntel. The stock has "Neutral" rating by UBS on Tuesday, March 22. The company was maintained on Wednesday, August 12 by M Partners. Keefe Bruyette & Woods maintained it with "Buy" rating and $4000 target in Friday, August 11 report. The rating was maintained by RBC Capital Markets on Monday, May 2 with "Outperform". The company has a consensus rating of Buy and a consensus price target of $186.06. The rating was maintained by Robert W. Baird with "Buy" on Friday, October 27. The Chinese Internet company also sold five-year floating-rate notes at a 60.5 basis points over three-month Libor, according to data compiled by Bloomberg show. (NYSE:DNOW). Baillie Gifford & reported 13.06M shares. (NYSE:AAT). Thrivent For Lutherans holds 0.04% or 257,432 shares. 118.19 million shares or 0.61% less from 118.92 million shares in 2017Q2 were reported.

Investors sentiment decreased to 1.14 in 2017 Q3.

Weekly Analysts' Ratings Changes for Rio Tinto (RIO)
Moreover, Johnson Investment Counsel Inc has 0.01% invested in Spectra Energy Partners, LP (NYSE:SEP) for 9,105 shares. The stock was acquired at an average cost of GBX 3,451 ($43.07) per share, with a total value of £379.61 ($473.74).

To have technical views, liquidity ratio of a company calculated as 1.70 to match up with its debt to equity ratio of 0.28. Steinberg Global Asset Management purchased a new stake in shares of Alibaba Group Holding Limited during the third quarter worth about $276,000. 31 funds opened positions while 87 raised stakes. Glenmede Trust Na invested 0% of its portfolio in NOW Inc. Teacher Retirement Of Texas invested in 0.03% or 125,781 shares. Dnb Asset Mngmt As invested in 14,072 shares or 0.02% of the stock. Marathon Asset Mngmt Limited Liability Partnership has invested 0.15% in NOW Inc. Raymond James Services Advsr Incorporated reported 0.02% in Sunoco LP (NYSE:SUN). Aperio Gp Limited Liability holds 38,555 shares. Zweig has invested 1.52% in FMC Corporation (NYSE:FMC). Junto Capital Management Lp sold 413,267 shares as Alibaba Group Hldg Ltd (BABA)'s stock rose 22.58%. One analyst has rated the stock with a sell rating, two have given a hold rating, thirty-three have given a buy rating and two have issued a strong buy rating to the company's stock. Therefore 50% are positive. Alibaba had 157 analyst reports since August 12, 2015 according to SRatingsIntel. The stock has "Outperform" rating by Oppenheimer on Wednesday, October 28. The stock of Alibaba Group Holding Limited (NYSE:BABA) has "Hold" rating given on Thursday, October 29 by Standpoint Research. The rating was maintained by Brean Capital with "Buy" on Friday, August 12. The rating was upgraded by CL King on Monday, December 12 to "Buy".

COPYRIGHT VIOLATION WARNING: "Nomura Reiterates "Buy" Rating for Alibaba Group (BABA)" was first published by Registrar Journal and is the sole property of of Registrar Journal. The rating was maintained by JP Morgan on Friday, August 12 with "Overweight". The stock has "Hold" rating by Stifel Nicolaus on Tuesday, January 2. Macquarie reiterated an "outperform" rating and set a $120.00 price objective on shares of Alibaba Group Holding Limited in a research note on Tuesday, January 24th.

Among 2 analysts covering Echostar (NASDAQ:SATS), 1 have Buy rating, 0 Sell and 1 Hold.