Alibaba Group Holding Limited $BABA Shares Sold by Infusive Asset Management Inc.

Infusive Asset Management Inc. decreased its position in Alibaba Group Holding Limited (NYSE:BABA) by 24.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 46,570 shares of the specialty retailer’s stock after selling 14,947 shares during the quarter. Alibaba Group accounts for approximately 2.9% of Infusive Asset Management Inc.’s holdings, making the stock its 13th largest position. Infusive Asset Management Inc.’s holdings in Alibaba Group were worth $6,826,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. ARK Investment Management LLC acquired a new position in shares of Alibaba Group in the 3rd quarter worth approximately $37,565,000. Great Hill Capital LLC acquired a new position in shares of Alibaba Group in the 3rd quarter worth approximately $2,207,000. Jennison Associates LLC grew its position in shares of Alibaba Group by 11.9% in the 4th quarter. Jennison Associates LLC now owns 54,235 shares of the specialty retailer’s stock worth $7,950,000 after acquiring an additional 5,760 shares in the last quarter. Thornburg Investment Management Inc. grew its position in shares of Alibaba Group by 14.3% in the 3rd quarter. Thornburg Investment Management Inc. now owns 553,384 shares of the specialty retailer’s stock worth $98,906,000 after acquiring an additional 69,232 shares in the last quarter. Finally, Eurizon Capital SGR S.p.A. acquired a new position in shares of Alibaba Group in the 4th quarter worth approximately $21,266,000. Institutional investors and hedge funds own 13.47% of the company’s stock.

Alibaba Group Price Performance

Shares of BABA opened at $112.71 on Friday. The company has a market cap of $270.39 billion, a P/E ratio of 18.51, a PEG ratio of 1.94 and a beta of 0.47. The stock has a fifty day moving average price of $130.07 and a 200 day moving average price of $143.93. 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 Holding Limited has a 12 month low of $103.71 and a 12 month high of $192.67.

Alibaba Group (NYSE:BABA) last issued its quarterly earnings data on Tuesday, March 31st. The specialty retailer reported $0.01 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%. On average, research analysts forecast that Alibaba Group Holding Limited will post 6.75 earnings per share for the current year.

Alibaba Group Announces Dividend

The firm also recently declared an annual dividend, which will be paid on Monday, July 13th. Shareholders of record on Thursday, June 11th will be given a dividend of $1.05 per share. This represents a yield of 93.0%. The ex-dividend date is Thursday, June 11th. Alibaba Group’s payout ratio is 16.91%.

Trending Headlines about Alibaba Group

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

• Positive Sentiment: Alibaba reportedly offered about $1.5 billion to buy grocery delivery firm Pupu, a move that would expand its instant-retail and grocery push and sharpen its competition with Meituan. Alibaba Bids $1.5B for Pupu to Challenge Meituan in Grocery Delivery
• Positive Sentiment: Several recent analyst notes remain constructive, with price targets clustering well above the current trading range, suggesting some investors still see meaningful upside.
• Neutral Sentiment: Alibaba also named a new CEO for DingTalk after internal debate over AI strategy, signaling ongoing management changes but not an immediate financial impact. Alibaba Names 34-Year-Old Tech Geek as DingTalk’s New CEO
• Negative Sentiment: Beijing reportedly criticized discount-heavy promotions during the 618 shopping festival, adding fresh regulatory risk for Alibaba and other Chinese e-commerce leaders. Alibaba and JD Slide After Beijing Rebuke
• Negative Sentiment: Two securities-fraud law firms announced continuing investigations into Alibaba, which can further hurt sentiment by raising litigation and governance concerns. Securities Fraud Investigation Into Alibaba Group Holding Ltd. (BABA) Continues
• Negative Sentiment: The stock is also being weighed by reports that Alibaba was added to a U.S. Defense Department list of companies linked to China’s military, which could increase institutional caution toward the ADR. Is Alibaba Group Holding Limited (BABA) A Good Stock To Buy Now?

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Susquehanna lifted 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. Nomura boosted 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. Freedom Capital upgraded Alibaba Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 24th. Erste Group Bank downgraded Alibaba Group from a “buy” rating to a “hold” rating in a research note on Wednesday, February 18th. Finally, Wall Street Zen upgraded Alibaba Group from a “sell” rating to a “hold” rating in a research note on Saturday, May 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, Alibaba Group has an average rating of “Moderate Buy” and an average price target of $188.76.

About Alibaba Group

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.