Bank Julius Baer & Co. Ltd Zurich raised its stake in Alibaba Group Holding Limited (NYSE:BABA – Free Report) by 23.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,169 shares of the specialty retailer’s stock after acquiring an additional 5,782 shares during the period. Bank Julius Baer & Co. Ltd Zurich’s holdings in Alibaba Group were worth $4,422,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors also recently bought and sold shares of the stock. Capital World Investors boosted its stake in Alibaba Group by 1,074.9% in the third quarter. Capital World Investors now owns 6,038,318 shares of the specialty retailer’s stock valued at $1,079,229,000 after acquiring an additional 5,524,354 shares in the last quarter. Fisher Asset Management LLC boosted its stake in Alibaba Group by 0.5% in the third quarter. Fisher Asset Management LLC now owns 5,293,597 shares of the specialty retailer’s stock valued at $946,125,000 after acquiring an additional 26,156 shares in the last quarter. American Century Companies Inc. boosted its stake in Alibaba Group by 17.7% in the third quarter. American Century Companies Inc. now owns 2,987,539 shares of the specialty retailer’s stock valued at $533,964,000 after acquiring an additional 448,484 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Alibaba Group by 8.9% in the third quarter. Dimensional Fund Advisors LP now owns 2,028,659 shares of the specialty retailer’s stock valued at $362,582,000 after acquiring an additional 166,134 shares in the last quarter. Finally, Coatue Management LLC boosted its stake in Alibaba Group by 130.1% in the third quarter. Coatue Management LLC now owns 1,996,593 shares of the specialty retailer’s stock valued at $356,851,000 after acquiring an additional 1,128,826 shares in the last quarter. Institutional investors and hedge funds own 13.47% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms have issued reports on BABA. Nomura upped their price objective on shares of Alibaba Group from $200.00 to $207.00 and gave the company a “buy” rating in a research note on Friday. Susquehanna upped their price objective on shares of Alibaba Group from $170.00 to $185.00 and gave the company a “positive” rating in a research note on Friday. Jefferies Financial Group decreased their price objective on shares of Alibaba Group from $225.00 to $212.00 and set a “buy” rating for the company in a research note on Thursday, March 19th. Argus raised shares of Alibaba Group to a “hold” rating in a report on Tuesday, March 24th. Finally, Morgan Stanley upped their target price on shares of Alibaba Group from $180.00 to $190.00 and gave the company an “overweight” rating in a report on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Alibaba Group currently has a consensus rating of “Moderate Buy” and an average target price of $188.76.
Alibaba Group News Summary
Here are the key news stories impacting Alibaba Group this week:
- Positive Sentiment: Multiple Wall Street firms raised price targets on Alibaba, including Nomura, Morgan Stanley, Mizuho, HSBC, and JPMorgan, signaling continued confidence in the stock’s upside as analysts focus on its cloud and AI growth. Nomura adjusts Alibaba Group price target to $207
- Positive Sentiment: Alibaba shares surged in Hong Kong as the company accelerated its pivot to AI, reinforcing the idea that investors are rewarding the shift toward higher-growth cloud and artificial intelligence businesses. Alibaba shares surge 7% in Hong Kong as firm accelerates pivot to AI
- Positive Sentiment: Recent coverage highlighted strong AI and cloud momentum, including triple-digit AI revenue growth and a 38% jump in cloud revenue, which supports the bull case that Alibaba’s heavy spending may eventually pay off. Alibaba Earnings: Cloud Acceleration Is A Bullish Catalyst
- Neutral Sentiment: The Trump-Xi summit ended with few concrete breakthroughs, but the absence of escalation is being viewed as a short-term plus for Chinese equities, including Alibaba. Trump-Xi Summit Ends With Few Breakthroughs
- Negative Sentiment: Alibaba’s latest earnings report showed profits under pressure as the company ramped up AI, cloud, and commerce spending, with some analysts warning that margins may stay strained in the near term. BABA Q4 Profit Falls on Heavy Tech Spending
Alibaba Group Trading Down 6.1%
NYSE BABA opened at $132.53 on Friday. The stock has a market capitalization of $317.95 billion, a P/E ratio of 21.76, a P/E/G ratio of 2.44 and a beta of 0.50. Alibaba Group Holding Limited has a 52-week low of $103.71 and a 52-week high of $192.67. The firm has a 50-day moving average price of $131.64 and a 200 day moving average price of $149.37. The company has a quick ratio of 1.33, a current ratio of 1.28 and a debt-to-equity ratio of 0.21.
Alibaba Group (NYSE:BABA – Get Free Report) last posted its quarterly earnings results on Tuesday, March 31st. The specialty retailer reported $0.01 earnings per share (EPS) for the quarter. The firm had revenue of $35.30 billion during the quarter. Alibaba Group had a net margin of 10.31% and a return on equity of 4.76%. Equities research analysts expect that Alibaba Group Holding Limited will post 6.7 EPS for the current year.
Alibaba Group Announces Dividend
The company also recently declared an annual dividend, which will be paid on Monday, July 13th. Investors of record on Thursday, June 11th will be issued a dividend of $1.05 per share. This represents a yield of 72.0%. The ex-dividend date of this dividend is Thursday, June 11th. Alibaba Group’s dividend payout ratio is currently 17.92%.
Alibaba Group Profile
Alibaba Group Holding Limited is a Chinese multinational conglomerate founded in 1999 in Hangzhou, China, by Jack Ma and a group of co‑founders. The company built its business around internet-based commerce and related services and has grown into one of the largest e-commerce and technology companies in the world. Alibaba completed a high‑profile initial public offering on the New York Stock Exchange in 2014.
The company operates a portfolio of online marketplaces and platforms serving different customer segments: Alibaba.com for global and domestic B2B trade, Taobao for consumer-to-consumer shopping, and Tmall for brand and retailer storefronts targeted at Chinese consumers.
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