Capital International Investors Acquires 10,415 Shares of Alibaba Group Holding Limited $BABA

Capital International Investors boosted its holdings in shares of Alibaba Group Holding Limited (NYSE:BABA) by 4.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 251,841 shares of the specialty retailer’s stock after buying an additional 10,415 shares during the period. Capital International Investors’ holdings in Alibaba Group were worth $36,924,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Ameriflex Group Inc. lifted its stake in 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 purchasing an additional 72 shares during the last quarter. Foster Dykema Cabot & Partners LLC bought a new stake in Alibaba Group during the third quarter worth about $30,000. Palisade Asset Management LLC bought a new stake in Alibaba Group during the third quarter worth about $37,000. Costello Asset Management INC bought a new stake in Alibaba Group during the fourth quarter worth about $34,000. Finally, Key Financial Inc lifted its stake in Alibaba Group by 316.9% during the fourth quarter. Key Financial Inc now owns 271 shares of the specialty retailer’s stock worth $40,000 after purchasing an additional 206 shares during the last quarter. Institutional investors own 13.47% of the company’s stock.

Alibaba Group Stock Down 0.3%

Shares of NYSE:BABA opened at $119.68 on Wednesday. Alibaba Group Holding Limited has a 1 year low of $103.71 and a 1 year high of $192.67. The company has a market cap of $287.12 billion, a PE ratio of 19.65, a P/E/G ratio of 2.06 and a beta of 0.47. The stock’s 50-day moving average is $130.68 and its 200 day moving average is $144.70. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.28 and a quick ratio of 1.28.

Alibaba Group (NYSE:BABA) last announced its earnings results on Tuesday, March 31st. The specialty retailer reported $0.01 earnings per share (EPS) for the quarter. Alibaba Group had a return on equity of 4.76% and a net margin of 10.31%.The firm had revenue of $35.30 billion during the quarter. Sell-side analysts anticipate that Alibaba Group Holding Limited will post 6.75 EPS for the current year.

Alibaba Group Announces Dividend

The business also recently declared an annual dividend, which will be paid on Monday, July 13th. Investors of record on Thursday, June 11th will be paid a $1.05 dividend. The ex-dividend date is Thursday, June 11th. This represents a dividend yield of 72.0%. Alibaba Group’s dividend payout ratio is presently 15.60%.

Analyst Upgrades and Downgrades

BABA has been the subject of several research analyst reports. Morgan Stanley lifted their price target on Alibaba Group from $180.00 to $190.00 and gave the stock an “overweight” rating in a research note on Thursday, May 14th. DZ Bank lowered Alibaba Group from a “buy” rating to a “hold” rating and set a $135.00 price target for the company. in a research note on Friday, March 20th. Robert W. Baird lowered their target price on Alibaba Group from $174.00 to $164.00 and set an “outperform” rating for the company in a research note on Friday, March 20th. Freedom Capital raised Alibaba Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 24th. Finally, HSBC boosted their target price on Alibaba Group from $172.00 to $180.00 in a research note on Thursday, May 14th. Two analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $188.76.

Key Headlines Impacting Alibaba Group

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

• Negative Sentiment: The Pentagon added Alibaba to its Chinese military-linked list, raising geopolitical risk and potentially restricting access to U.S. defense contracts. Pentagon Adds Alibaba, Baidu, BYD and Nio to Chinese Military-Linked List
• Negative Sentiment: Investor focus remains on Alibaba’s aggressive AI spending, which some reports say is a larger drag on the stock than the Pentagon action. Alibaba Stock Has Bigger Problems Than the Pentagon’s China List
• Neutral Sentiment: Alibaba rejected the military-company label and said it sees no business impact from the designation. Alibaba Rejects U.S. Military Company Label, Sees No Business Impact
• Positive Sentiment: Alibaba continues to build out its AI business, including a new Token Foundry unit that could support longer-term growth. Alibaba CEO Takes Direct Control of New AI Business Unit

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.