Manning & Napier Advisors Inc. was founded in 1970 and as of December 31, 2014 the company was managing $47.8 billion in assets. The portfolio is composed of 369 stocks and has a Q/Q Turnover of 29%.
During 1Q2015, the company traded many stocks, but the main addition was to Alibaba Group Holding Ltd. (BABA), with an increase of 11489.89%, which resulted in a weight of 0.65% to the portfolio. BABA is part of the Retail – Apparel & Speciality sector.
The Investor is now holding BABA at an average price of $90.25 per share with an average loss of 9%.
The company is a holding company and conducts its businesses through its subsidiaries. It is engaged in online and mobile commerce through products, services and technology that enable businesses to operate efficiently and extend their reach to sell to consumers and businesses in the People's Republic of China (the "PRC" or "China") and internationally.
The stock is currently trading at a P/E(ttm) ratio of 46.80 that is ranked higher than 59% of BABA’s competitors given that the average P/E of the Industry is 32.40.
The stock is -31.23% from its 52 weeks high and +3.12% from its 52 weeks low and during the last 12 months, the price dropped by -12%.
The company has a profitability and growth rating of 3/10 that is weak, but has strong and positive returns (ROA 17.34%, ROE 38.58% and ROC 433.94%). These ratios place the company higher than 99% of companies in the Global Speciality Retail Industry.
Revenue growth rate is 100% and EBITDA growth rate is 127% over the last five years. This trend is confirmed, even during the last 12 months and made even stronger by the EPS growth rate of 89%.
"For the 12 months ended December, our annual active buyers increased to 334 million compared to 231 million in the 12 months ended a year ago. This growth represents an increase of 45% year-on-year and was driven by an increase in active buyers throughout China which is substantially faster growth from lower tier cities," Joe Tsai, the Executive Vice Chairmen of BABA said.
During 4Q2014, Stanley Druckenmiller (Trades, Portfolio) added a big stake of BABA to his portfolio +2439%) while Eric Mindich (Trades, Portfolio), David Tepper (Trades, Portfolio), Jana Partners (Trades, Portfolio) and Steven Cohen (Trades, Portfolio) sold out their shares.
The main gurus holding the company are Frank Sands and Daniel Loeb, with 0.79% and 0.40% of shares outstanding.
