37,400 Shares in Alibaba Group Holding Limited $BABA Bought by DCF Advisers LLC

DCF Advisers LLC purchased a new position in Alibaba Group Holding Limited (NYSE:BABAFree Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 37,400 shares of the specialty retailer’s stock, valued at approximately $5,482,000. Alibaba Group accounts for about 1.5% of DCF Advisers LLC’s portfolio, making the stock its 19th biggest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BABA. Ameriflex Group Inc. lifted its stake in Alibaba Group by 101.4% in 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 during the period. Foster Dykema Cabot & Partners LLC purchased a new stake in Alibaba Group in the third quarter worth $30,000. Costello Asset Management INC purchased a new stake in Alibaba Group in the fourth quarter worth $34,000. Palisade Asset Management LLC purchased a new stake in Alibaba Group in the third quarter worth $37,000. Finally, Palladiem LLC purchased a new stake in Alibaba Group in the fourth quarter worth $38,000. Hedge funds and other institutional investors own 13.47% of the company’s stock.

More Alibaba Group News

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

  • Positive Sentiment: Alibaba is continuing to expand its AI efforts, including upgrades to its AI business and token-related infrastructure, which supports its long-term growth narrative. Article Title
  • Positive Sentiment: Citi reportedly sees the recent selloff tied to China’s AI capex plans as premature, suggesting investors may be overstating the near-term threat to Alibaba’s cloud business. Article Title
  • Neutral Sentiment: Alibaba said the Pentagon label has “no basis” and it expects no material business impact, but the move still increases regulatory and reputational risk. Article Title
  • Negative Sentiment: The Pentagon’s addition of Alibaba to its Chinese military-linked list could limit U.S. government-related business and keep geopolitical pressure on the stock. Article Title
  • Negative Sentiment: China’s planned AI data-center spending may increase competition in cloud and AI, potentially undercutting private operators like Alibaba over time. Article Title

Alibaba Group Price Performance

BABA opened at $115.64 on Thursday. The stock has a 50-day moving average price of $130.55 and a 200-day moving average price of $144.44. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.28 and a quick ratio of 1.28. The firm has a market cap of $277.43 billion, a PE ratio of 18.99, a P/E/G ratio of 2.05 and a beta of 0.47. Alibaba Group Holding Limited has a 1 year low of $103.71 and a 1 year high of $192.67.

Alibaba Group (NYSE:BABAGet 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 return on equity of 4.76% and a net margin of 10.31%. Sell-side analysts predict that Alibaba Group Holding Limited will post 6.75 earnings per share for the current fiscal year.

Alibaba Group Announces Dividend

The business also recently declared 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. This represents a dividend yield of 91.0%. The ex-dividend date of this dividend is Thursday, June 11th. Alibaba Group’s payout ratio is currently 16.91%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on BABA shares. Argus raised Alibaba Group to a “hold” rating in a research report on Tuesday, March 24th. Nomura raised their price objective on Alibaba Group from $200.00 to $207.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Wall Street Zen raised Alibaba Group from a “sell” rating to a “hold” rating in a research report on Saturday, May 23rd. Zacks Research raised Alibaba Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 2nd. Finally, HSBC raised their price objective on Alibaba Group from $172.00 to $180.00 in a research report on Thursday, May 14th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $188.76.

Check Out Our Latest Analysis on BABA

Alibaba Group Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Alibaba Group (NYSE:BABA)

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