Temasek Holdings Private Ltd Sells 537,492 Shares of Alibaba Group Holding Limited $BABA

Temasek Holdings Private Ltd reduced its position in shares of Alibaba Group Holding Limited (NYSE:BABA) by 29.0% in the fourth quarter, Holdings Channel reports. The firm owned 1,313,262 shares of the specialty retailer’s stock after selling 537,492 shares during the quarter. Temasek Holdings Private Ltd’s holdings in Alibaba Group were worth $192,498,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of BABA. Northwestern Mutual Wealth Management Co. increased its stake in Alibaba Group by 7,680.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 6,014,147 shares of the specialty retailer’s stock valued at $881,554,000 after purchasing an additional 5,936,847 shares in the last quarter. Capital World Investors increased its stake in Alibaba Group by 1,074.9% during the 3rd quarter. Capital World Investors now owns 6,038,318 shares of the specialty retailer’s stock valued at $1,079,229,000 after purchasing an additional 5,524,354 shares in the last quarter. Norges Bank purchased a new stake in shares of Alibaba Group during the 4th quarter valued at about $594,477,000. Artisan Partners Limited Partnership purchased a new stake in shares of Alibaba Group during the 3rd quarter valued at about $290,208,000. Finally, Trivest Advisors Ltd purchased a new stake in shares of Alibaba Group during the 3rd quarter valued at about $202,126,000. 13.47% of the stock is currently owned by institutional investors.

Alibaba Group Stock Down 0.3%

BABA opened at $112.48 on Tuesday. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.21. 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 capitalization of $269.86 billion, a PE ratio of 18.47, a PEG ratio of 1.94 and a beta of 0.48. The firm’s 50 day simple moving average is $129.88 and its two-hundred day simple moving average is $143.50.

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 forecast that Alibaba Group Holding Limited will post 6.75 EPS for the current year.

Alibaba Group Dividend Announcement

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 $1.05 dividend. The ex-dividend date is Thursday, June 11th. This represents a yield of 93.0%. Alibaba Group’s dividend payout ratio (DPR) is presently 16.91%.

Analyst Ratings Changes

BABA has been the topic of a number of recent analyst reports. DZ Bank downgraded shares of Alibaba Group from a “buy” rating to a “hold” rating and set a $135.00 price target on the stock. in a report on Friday, March 20th. Argus raised shares of Alibaba Group to a “hold” rating in a report on Tuesday, March 24th. Barclays raised their price target on shares of Alibaba Group from $186.00 to $195.00 and gave the company an “overweight” rating in a report on Thursday, May 14th. Wall Street Zen raised shares of Alibaba Group from a “sell” rating to a “hold” rating in a report on Saturday, May 23rd. Finally, JPMorgan Chase & Co. raised their price target on shares of Alibaba Group from $200.00 to $205.00 and gave the company an “overweight” rating in a report on Thursday, May 14th. Two 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’s stock. According to MarketBeat, Alibaba Group presently has a consensus rating of “Moderate Buy” and an average price target of $188.76.

Alibaba Group News Roundup

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

• Positive Sentiment: Alibaba unveiled its first full suite of AI models built for robots and agents, signaling a push beyond chatbots into a potentially higher-value part of the AI market. Reuters: Alibaba unveils AI models for robots, amid shift from chatbots to agents
• Positive Sentiment: Michael Burry reportedly increased his Alibaba stake, calling it China’s “most advanced” AI company and pointing to buybacks as a support for the investment case. Stocktwits: Michael Burry Boosts Alibaba Stake
• Positive Sentiment: Reports that Alibaba may bid about $1.5 billion for grocery chain Pupu suggest the company is still willing to spend to strengthen its China retail position. Benzinga: Alibaba Reportedly Eyeing A Super-Sized Bid For Pupu
• Neutral Sentiment: Broader market commentary said Alibaba may be priced with too much caution after a recent slide, reflecting a debate over whether the shares already discount a lot of bad news. Yahoo Finance: Alibaba Stock After Recent Slide Is The Market Pricing In Too Much Caution
• Negative Sentiment: Chinese regulators publicly rebuked Alibaba over alleged misleading discount practices during the 618 shopping festival, reviving concerns about regulatory pressure on the company’s e-commerce business. Barchart: Beijing Rebukes Alibaba and JD.com Over Misleading Discount Practices

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.