Allianz SE Has $6.53 Million Stock Position in Alibaba Group Holding Limited $BABA

Allianz SE lifted its stake in Alibaba Group Holding Limited (NYSE:BABA) by 80.4% during the fourth quarter, Holdings Channel.com reports. The fund owned 44,576 shares of the specialty retailer’s stock after buying an additional 19,866 shares during the period. Allianz SE’s holdings in Alibaba Group were worth $6,534,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of BABA. Brighton Jones LLC increased its position in shares of Alibaba Group by 40.4% in the fourth quarter. Brighton Jones LLC now owns 3,411 shares of the specialty retailer’s stock valued at $289,000 after acquiring an additional 981 shares during the last quarter. AQR Capital Management LLC bought a new position in Alibaba Group during the first quarter worth about $254,000. Bank of Nova Scotia grew its holdings in Alibaba Group by 313.0% during the second quarter. Bank of Nova Scotia now owns 21,778 shares of the specialty retailer’s stock worth $2,470,000 after purchasing an additional 16,505 shares during the period. Daiwa Securities Group Inc. bought a new position in Alibaba Group during the second quarter worth about $1,613,000. Finally, Ieq Capital LLC grew its holdings in Alibaba Group by 51.9% during the second quarter. Ieq Capital LLC now owns 70,060 shares of the specialty retailer’s stock worth $7,946,000 after purchasing an additional 23,925 shares during the period. Institutional investors and hedge funds own 13.47% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on BABA. Susquehanna lifted 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. Barclays lifted their price target on Alibaba Group from $186.00 to $195.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Alibaba Group in a report on Wednesday, May 27th. Erste Group Bank cut Alibaba Group from a “buy” rating to a “hold” rating in a report on Wednesday, February 18th. Finally, Argus upgraded Alibaba Group to a “hold” rating in a report on Tuesday, March 24th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, Alibaba Group has an average rating of “Moderate Buy” and an average price target of $188.76.

More Alibaba Group News

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?

Alibaba Group Stock Up 0.0%

Shares of NYSE:BABA opened at $112.71 on Friday. The company has a fifty day moving average of $130.07 and a 200-day moving average of $143.93. The company has a market capitalization of $270.39 billion, a PE ratio of 18.51, a price-to-earnings-growth ratio of 1.93 and a beta of 0.47. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.28 and a current ratio of 1.28. Alibaba Group Holding Limited has a 52-week low of $103.71 and a 52-week high of $192.67.

Alibaba Group (NYSE:BABA) last announced its quarterly earnings results on Tuesday, March 31st. The specialty retailer reported $0.01 earnings per share (EPS) for the quarter. The company 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 predict that Alibaba Group Holding Limited will post 6.75 EPS for the current fiscal year.

Alibaba Group Dividend Announcement

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

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.