Handelsbanken Fonder AB Acquires 402,000 Shares of Alibaba Group Holding Limited $BABA

Handelsbanken Fonder AB lifted its holdings in shares of Alibaba Group Holding Limited (NYSE:BABA) by 52.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,161,556 shares of the specialty retailer’s stock after buying an additional 402,000 shares during the quarter. Alibaba Group comprises 0.5% of Handelsbanken Fonder AB’s investment portfolio, making the stock its 26th biggest position. Handelsbanken Fonder AB’s holdings in Alibaba Group were worth $170,261,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. ARK Investment Management LLC purchased a new stake in Alibaba Group during the 3rd quarter worth about $37,565,000. Great Hill Capital LLC purchased a new position in Alibaba Group during the 3rd quarter valued at about $2,207,000. Vanguard Personalized Indexing Management LLC grew its holdings in Alibaba Group by 14.9% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 30,361 shares of the specialty retailer’s stock valued at $5,427,000 after buying an additional 3,929 shares in the last quarter. Jennison Associates LLC increased its position in shares of Alibaba Group by 11.9% during the fourth quarter. Jennison Associates LLC now owns 54,235 shares of the specialty retailer’s stock valued at $7,950,000 after buying an additional 5,760 shares during the period. Finally, Thornburg Investment Management Inc. increased its position in shares of Alibaba Group by 14.3% during the third quarter. Thornburg Investment Management Inc. now owns 553,384 shares of the specialty retailer’s stock valued at $98,906,000 after buying an additional 69,232 shares during the period. 13.47% of the stock is owned by institutional investors.

Alibaba Group Stock Performance

Alibaba Group stock opened at $133.30 on Tuesday. Alibaba Group Holding Limited has a fifty-two week low of $103.71 and a fifty-two week high of $192.67. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.33 and a current ratio of 1.28. The stock has a market cap of $319.78 billion, a P/E ratio of 21.89, a price-to-earnings-growth ratio of 2.30 and a beta of 0.50. The firm’s fifty day moving average price is $131.70 and its 200-day moving average price is $148.86.

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 net margin of 10.31% and a return on equity of 4.76%. The company had revenue of $35.30 billion during the quarter. On average, equities research analysts expect that Alibaba Group Holding Limited will post 6.67 earnings per share for the current fiscal year.

Alibaba Group Announces Dividend

The company also recently disclosed 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 dividend yield of 72.0%. The ex-dividend date of this dividend is Thursday, June 11th. Alibaba Group’s dividend payout ratio (DPR) is currently 15.60%.

Key Stories Impacting Alibaba Group

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

• Positive Sentiment: Alibaba is being re-rated as an AI growth story, with reports highlighting accelerating Cloud Intelligence growth and triple-digit AI revenue gains for multiple quarters, which could support a higher valuation over time. Alibaba: Now An AI Growth Stock
• Positive Sentiment: Several articles argue Alibaba may be entering a “new era” as it prioritizes AI and cloud expansion over short-term profitability, reinforcing the view that management is making strategic investments for future growth. Prediction: Alibaba Stock May Be Entering a New Era
• Positive Sentiment: Investor interest remains strong, with Zacks noting that Alibaba is trending among users as they weigh the stock’s prospects and AI-driven upside potential. Is Trending Stock Alibaba Group Holding Limited (BABA) a Buy Now?
• Neutral Sentiment: Alibaba’s latest quarterly update showed strong cloud and AI progress, but also confirmed that spending on AI and cloud infrastructure is squeezing margins in the near term. Alibaba Group Holding (BABA) Is Down 5.3% After Heavy AI And Cloud Spending Squeezes Margins
• Neutral Sentiment: Alibaba also filed a Form 13F and highlighted its WVR structure, a governance update that is unlikely to move the stock materially on its own. Alibaba Files Form 13F as Investment Manager, Highlights WVR Structure

Analysts Set New Price Targets

A number of research firms have recently commented on BABA. DZ Bank lowered shares of Alibaba Group from a “buy” rating to a “hold” rating and set a $135.00 price objective for the company. in a research report on Friday, March 20th. HSBC upped their target price on shares of Alibaba Group from $172.00 to $180.00 in a report on Thursday, May 14th. Zacks Research downgraded shares of Alibaba Group from a “hold” rating to a “strong sell” rating in a report on Wednesday, April 22nd. Barclays boosted their price target on shares of Alibaba Group from $186.00 to $195.00 and gave the company an “overweight” rating in a research report on Thursday. Finally, JPMorgan Chase & Co. upped their price target on shares of Alibaba Group from $200.00 to $205.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $188.76.

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.