Alibaba Group Holding Limited $BABA Shares Purchased by Aaron Wealth Advisors LLC

Aaron Wealth Advisors LLC boosted its position in Alibaba Group Holding Limited (NYSE:BABA) by 59.2% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 22,762 shares of the specialty retailer’s stock after buying an additional 8,461 shares during the period. Aaron Wealth Advisors LLC’s holdings in Alibaba Group were worth $2,856,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Capital World Investors boosted its holdings in Alibaba Group by 7.7% in the fourth quarter. Capital World Investors now owns 6,505,165 shares of the specialty retailer’s stock valued at $953,527,000 after purchasing an additional 466,847 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Alibaba Group by 7,680.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 6,014,147 shares of the specialty retailer’s stock worth $881,554,000 after buying an additional 5,936,847 shares during the last quarter. Fisher Asset Management LLC boosted its stake in shares of Alibaba Group by 0.8% in the fourth quarter. Fisher Asset Management LLC now owns 5,335,894 shares of the specialty retailer’s stock worth $782,135,000 after buying an additional 42,297 shares during the last quarter. Norges Bank acquired a new stake in Alibaba Group during the fourth quarter worth about $594,477,000. Finally, American Century Companies Inc. grew its holdings in Alibaba Group by 17.7% during the third quarter. American Century Companies Inc. now owns 2,987,539 shares of the specialty retailer’s stock worth $533,964,000 after acquiring an additional 448,484 shares during the period. Institutional investors and hedge funds own 13.47% of the company’s stock.

Alibaba Group Trading Down 4.8%

Shares of BABA opened at $94.97 on Friday. Alibaba Group Holding Limited has a 52-week low of $94.71 and a 52-week high of $192.67. The stock has a market cap of $227.85 billion, a PE ratio of 15.59, a price-to-earnings-growth ratio of 1.73 and a beta of 0.47. The firm’s fifty day moving average is $126.50 and its two-hundred day moving average is $140.42. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.21.

Alibaba Group (NYSE:BABA) last issued its earnings results on Tuesday, March 31st. The specialty retailer reported $0.01 EPS 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 during the quarter. Research analysts forecast that Alibaba Group Holding Limited will post 6.69 earnings per share for the current fiscal year.

Alibaba Group Announces Dividend

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

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. Robert W. Baird lowered 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. Susquehanna upped their price target on Alibaba Group from $170.00 to $185.00 and gave the stock a “positive” rating in a report on Friday, May 15th. Freedom Capital upgraded Alibaba Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 24th. HSBC raised their price objective on Alibaba Group from $172.00 to $180.00 in a report on Thursday, May 14th. Finally, BNP Paribas Exane assumed coverage on shares of Alibaba Group in a research note on Wednesday, April 29th. They issued an “outperform” rating and a $209.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $187.38.

Alibaba Group News Summary

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

• Negative Sentiment: Anthropic alleged that Alibaba used about 25,000 fraudulent accounts to obtain illicit access to Claude AI model capabilities, escalating fears of legal, regulatory, and reputational fallout. Anthropic says Alibaba illicitly extracted Claude AI model capabilities
• Negative Sentiment: Multiple reports said Alibaba shares fell to a 16-month low in Hong Kong as investors reacted to the AI theft accusations, showing the market is pricing in higher risk around the company’s AI strategy. Alibaba Slides to 16-Month Low After Anthropic’s AI Accusations
• Negative Sentiment: Alibaba’s separate lawsuit against the U.S. Defense Department over its “Chinese military company” designation adds another layer of geopolitical and regulatory overhang for investors. Alibaba sues the US Defense Department in a bid to remove ‘Chinese military company’ designation
• Neutral Sentiment: Nomura lowered its price target on Alibaba while keeping a buy rating, signaling continued upside expectations but a more cautious near-term view. Nomura adjusts Alibaba price target to 178 from 207, maintains buy rating

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.