Capital Wealth Planning LLC Grows Stock Holdings in Alibaba Group Holding Limited $BABA

Capital Wealth Planning LLC increased its stake in shares of Alibaba Group Holding Limited (NYSE:BABA) by 40.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 189,136 shares of the specialty retailer’s stock after buying an additional 54,730 shares during the period. Capital Wealth Planning LLC’s holdings in Alibaba Group were worth $29,418,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Entelevest LLC purchased a new stake in Alibaba Group during the fourth quarter worth about $266,000. Jessup Wealth Management Inc lifted its holdings in shares of Alibaba Group by 0.6% in the fourth quarter. Jessup Wealth Management Inc now owns 75,107 shares of the specialty retailer’s stock valued at $11,009,000 after purchasing an additional 425 shares in the last quarter. Wellspring Financial Advisors LLC purchased a new stake in shares of Alibaba Group in the fourth quarter valued at about $796,000. Myriad Asset Management Advisors LLC purchased a new stake in shares of Alibaba Group in the fourth quarter valued at about $8,151,000. Finally, Zions Bancorporation National Association UT purchased a new stake in shares of Alibaba Group in the fourth quarter valued at about $200,000. 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 Stock Performance

NYSE:BABA opened at $115.64 on Thursday. The firm has a 50 day simple moving average of $130.55 and a 200-day simple moving average 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:BABA) last posted its quarterly earnings data on Tuesday, March 31st. The specialty retailer reported $0.01 earnings per share for the quarter. The business had revenue of $35.30 billion during the quarter. Alibaba Group had a net margin of 10.31% and a return on equity of 4.76%. On average, equities analysts expect that Alibaba Group Holding Limited will post 6.75 EPS for the current year.

Alibaba Group Dividend Announcement

The company also recently disclosed 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%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Robert W. Baird reduced their price target on shares of Alibaba Group from $174.00 to $164.00 and set an “outperform” rating on the stock in a report on Friday, March 20th. Nomura increased their target price on Alibaba Group from $200.00 to $207.00 and gave the company a “buy” rating in a report on Friday, May 15th. Barclays raised their price target on Alibaba Group from $186.00 to $195.00 and gave the stock an “overweight” rating in a research report on Thursday, May 14th. Jefferies Financial Group dropped their price target on Alibaba Group from $225.00 to $212.00 and set a “buy” rating for the company in a research report on Thursday, March 19th. Finally, HSBC raised their price target on Alibaba Group from $172.00 to $180.00 in a research report on Thursday, May 14th. Two 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, the stock currently has an average rating of “Moderate Buy” and a consensus 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.