BNP Paribas Boosts Stock Holdings in Alibaba Group Holding Limited $BABA

BNP Paribas boosted its position in Alibaba Group Holding Limited (NYSE:BABA) by 9.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 77,897 shares of the specialty retailer’s stock after purchasing an additional 6,953 shares during the period. BNP Paribas’ holdings in Alibaba Group were worth $11,417,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the company. Transcend Capital Advisors LLC lifted its stake in Alibaba Group by 1.0% in the third quarter. Transcend Capital Advisors LLC now owns 6,661 shares of the specialty retailer’s stock valued at $1,191,000 after purchasing an additional 66 shares during the last quarter. Bleakley Financial Group LLC lifted its position in shares of Alibaba Group by 0.4% during the fourth quarter. Bleakley Financial Group LLC now owns 16,420 shares of the specialty retailer’s stock worth $2,407,000 after acquiring an additional 67 shares in the last quarter. Ameriflex Group Inc. lifted its position in shares of Alibaba Group by 101.4% during the third quarter. Ameriflex Group Inc. now owns 143 shares of the specialty retailer’s stock worth $26,000 after acquiring an additional 72 shares in the last quarter. Highline Wealth Partners LLC lifted its position in shares of Alibaba Group by 20.7% during the fourth quarter. Highline Wealth Partners LLC now owns 426 shares of the specialty retailer’s stock worth $62,000 after acquiring an additional 73 shares in the last quarter. Finally, TrueWealth Financial Partners lifted its position in shares of Alibaba Group by 1.7% during the third quarter. TrueWealth Financial Partners now owns 4,361 shares of the specialty retailer’s stock worth $779,000 after acquiring an additional 75 shares in the last quarter. Hedge funds and other institutional investors own 13.47% of the company’s stock.

Key Alibaba Group News

Here are the key news stories impacting Alibaba Group this week:

• Positive Sentiment: Alibaba announced a six-year partnership with UEFA to become its exclusive AI and cloud partner, with plans to deliver 360-degree replay technology and other AI-driven event tools. The deal could boost Alibaba’s global brand visibility and strengthen its cloud and AI revenue story. Alibaba Group signs 6-year AI deal with Uefa, will bring 360 replay tech to major events
• Positive Sentiment: A separate report also said Alibaba will serve as UEFA’s official AI and cloud partner starting in 2027, reinforcing the idea that the company is expanding internationally through high-profile enterprise partnerships. Alibaba partners with UEFA as official AI and cloud partner from 2027
• Positive Sentiment: Alibaba also said it is optimizing Android 16 for RISC-V chips, which underscores its work in AI infrastructure and next-generation computing. That can be viewed as a long-term technology positive, especially as investors focus on China’s semiconductor and cloud ecosystems. Alibaba optimizes Android 16 for RISC-V chips
• Neutral Sentiment: Alibaba granted new employee share awards under its 2024 plan. While this is a routine retention incentive, it can also dilute existing shareholders slightly, so the market may treat it as mostly neutral. Alibaba Grants New Employee Share Awards Under 2024 Plan
• Neutral Sentiment: Broader news about a rebound in China luxury demand and improved market sentiment may help Alibaba indirectly by signaling a healthier consumer backdrop in China, though it is not a direct company-specific catalyst. China Luxury Demand Rebound Sends Fresh Signal To Investors
• Negative Sentiment: One market note said Alibaba shares were down recently, reflecting that investors still appear cautious despite the company’s strategic announcements. Alibaba Group (NYSE:BABA) Shares Down 1.5% – What’s Next?

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on BABA shares. HSBC increased their target price on Alibaba Group from $172.00 to $180.00 in a research report on Thursday, May 14th. Argus upgraded Alibaba Group to a “hold” rating in a research report on Tuesday, March 24th. Susquehanna increased their target price on Alibaba Group from $170.00 to $185.00 and gave the stock a “positive” rating in a research report on Friday, May 15th. Zacks Research downgraded Alibaba Group from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 22nd. Finally, Jefferies Financial Group reduced their target price on Alibaba Group from $225.00 to $212.00 and set a “buy” rating for the company in a research report on Thursday, March 19th. Two analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $188.76.

Alibaba Group Price Performance

Shares of Alibaba Group stock opened at $125.49 on Tuesday. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.21. The firm has a market cap of $301.05 billion, a PE ratio of 20.61, a price-to-earnings-growth ratio of 2.16 and a beta of 0.50. The company’s fifty day simple moving average is $130.82 and its two-hundred day simple moving average is $146.14. Alibaba Group Holding Limited has a 12-month low of $103.71 and a 12-month high of $192.67.

Alibaba Group (NYSE:BABA) last released its quarterly earnings results on Tuesday, March 31st. The specialty retailer reported $0.01 earnings per share for the quarter. Alibaba Group had a net margin of 10.31% and a return on equity of 4.76%. The business had revenue of $35.30 billion for the quarter. As a group, equities analysts expect that Alibaba Group Holding Limited will post 6.67 EPS for the current year.

Alibaba Group Dividend Announcement

The firm also recently announced an annual dividend, which will be paid on Monday, July 13th. Stockholders of record on Thursday, June 11th will be given a $1.05 dividend. The ex-dividend date of this dividend is Thursday, June 11th. This represents a dividend yield of 72.0%. Alibaba Group’s dividend payout ratio is currently 16.91%.

Alibaba Group Company 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.