Towarzystwo Funduszy Inwestycyjnych PZU SA Acquires New Stake in Alibaba Group Holding Limited $BABA

Towarzystwo Funduszy Inwestycyjnych PZU SA acquired a new stake in Alibaba Group Holding Limited (NYSE:BABA) during the 4th quarter, Holdings Channel reports. The fund acquired 4,750 shares of the specialty retailer’s stock, valued at approximately $696,000.

Other institutional investors have also added to or reduced their stakes in the company. Ameriflex Group Inc. lifted its position in Alibaba Group by 101.4% in the 3rd quarter. Ameriflex Group Inc. now owns 143 shares of the specialty retailer’s stock valued at $26,000 after acquiring an additional 72 shares in the last quarter. Foster Dykema Cabot & Partners LLC bought a new stake in Alibaba Group in the 3rd quarter valued at $30,000. Palisade Asset Management LLC bought a new stake in Alibaba Group in the 3rd quarter valued at $37,000. Costello Asset Management INC bought a new stake in Alibaba Group in the 4th quarter valued at $34,000. Finally, Palladiem LLC bought a new stake in Alibaba Group during the 4th quarter worth about $38,000. 13.47% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

BABA has been the topic of several analyst reports. BNP Paribas Exane initiated coverage on shares of Alibaba Group in a research report on Wednesday, April 29th. They set an “outperform” rating and a $209.00 price target on the stock. Nomura boosted their price target on shares of Alibaba Group from $200.00 to $207.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Weiss Ratings reissued a “hold (c+)” rating on shares of Alibaba Group in a research report on Wednesday, May 27th. Jefferies Financial Group cut their price target on shares of Alibaba Group from $225.00 to $212.00 and set a “buy” rating on the stock in a research report on Thursday, March 19th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Alibaba Group from $200.00 to $205.00 and gave the stock an “overweight” rating 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. Based on data from MarketBeat, Alibaba Group presently has an average rating of “Moderate Buy” and an average price target of $188.76.

Key Headlines Impacting 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?

Alibaba Group Stock Down 0.1%

Alibaba Group stock opened at $112.71 on Monday. The firm has a market capitalization of $270.39 billion, a PE ratio of 18.51, a P/E/G ratio of 1.94 and a beta of 0.48. The company’s 50-day moving average is $130.07 and its 200-day moving average is $143.81. Alibaba Group Holding Limited has a fifty-two week low of $103.71 and a fifty-two week high of $192.67. 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 (NYSE:BABA) last released its quarterly earnings data on Tuesday, March 31st. The specialty retailer reported $0.01 earnings per share for the quarter. The company had revenue of $35.30 billion for the quarter. Alibaba Group had a net margin of 10.31% and a return on equity of 4.76%. Sell-side analysts anticipate that Alibaba Group Holding Limited will post 6.75 earnings per share for the current year.

Alibaba Group Announces Dividend

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 paid a dividend of $1.05 per share. The ex-dividend date is Thursday, June 11th. This represents a dividend yield of 93.0%. Alibaba Group’s payout ratio is currently 16.91%.

Alibaba Group Profile

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.