Alibaba Group Holding Ltd (BABA) Shares Bought by C WorldWide Group Holding A S – Rockland Register
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Norway Savings Bank raised its stake in shares of Alibaba Group by 640.0% in the fourth quarter. Norway Savings Bank now owns 185 shares of the specialty retailer’s stock valued at $25,000 after acquiring an additional 160 shares in the last quarter. Alibaba Group Holding Ltd has a 1-year low of $129.77 and a 1-year high of $211.70. The firm has a market capitalization of $435.42 billion, a price-to-earnings ratio of 43.38, a price-to-earnings-growth ratio of 1.41 and a beta of 2.27. Finally, Citigroup restated a “buy” rating and issued a $211.00 price target (up from $208.00) on shares of Alibaba Group in a research note on Thursday, January 31st.