Galaxy Group Investments LLC acquired a new stake in shares of Alibaba Group Holding Limited (NYSE:BABA – Free Report) during the 4th quarter, HoldingsChannel.com reports. The firm acquired 105,150 shares of the specialty retailer’s stock, valued at approximately $15,413,000. Alibaba Group comprises approximately 1.6% of Galaxy Group Investments LLC’s investment portfolio, making the stock its 7th largest holding.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Ameriflex Group Inc. raised its position in Alibaba Group by 101.4% in the third quarter. Ameriflex Group Inc. now owns 143 shares of the specialty retailer’s stock valued at $26,000 after purchasing an additional 72 shares during the last quarter. Foster Dykema Cabot & Partners LLC bought a new stake in shares of Alibaba Group during the third quarter worth about $30,000. Costello Asset Management INC acquired a new position in shares of Alibaba Group in the fourth quarter valued at approximately $34,000. Palisade Asset Management LLC acquired a new position in shares of Alibaba Group in the third quarter valued at approximately $37,000. Finally, Palladiem LLC bought a new position in Alibaba Group in the 4th quarter valued at approximately $38,000. Institutional investors own 13.47% of the company’s stock.
Alibaba Group Trading Up 0.1%
Shares of Alibaba Group stock opened at $107.22 on Friday. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.21. The stock has a fifty day simple moving average of $128.75 and a 200 day simple moving average of $142.22. Alibaba Group Holding Limited has a 12-month low of $103.71 and a 12-month high of $192.67. The company has a market capitalization of $257.23 billion, a P/E ratio of 17.61, a price-to-earnings-growth ratio of 1.84 and a beta of 0.47.
Alibaba Group Dividend Announcement
The company also recently declared an annual dividend, which will be paid on Monday, July 13th. Investors of record on Thursday, June 11th will be issued a dividend of $1.05 per share. The ex-dividend date is Thursday, June 11th. This represents a yield of 93.0%. Alibaba Group’s payout ratio is 16.91%.
Wall Street Analysts Forecast Growth
Several equities research analysts recently commented on BABA shares. Mizuho lifted their target price on shares of Alibaba Group from $190.00 to $195.00 and gave the stock an “outperform” rating in a research report on Thursday, May 14th. HSBC upped their price target on shares of Alibaba Group from $172.00 to $180.00 in a research report on Thursday, May 14th. Barclays lifted their price target on shares of Alibaba Group from $186.00 to $195.00 and gave the stock 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 research note on Saturday, May 23rd. Finally, Morgan Stanley raised their target price on Alibaba Group from $180.00 to $190.00 and gave the stock an “overweight” rating in a research report on Thursday, May 14th. Two equities 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 stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $188.76.
View Our Latest Stock Report on Alibaba Group
Alibaba Group News Summary
Here are the key news stories impacting Alibaba Group this week:
- Positive Sentiment: Alibaba continues to highlight its AI strategy, including new robotics models for logistics, warehousing, and business operations, while executives also discussed AI investment opportunities at a Bloomberg event. This supports the bullish case that AI could drive future growth. Alibaba (BABA) Faces Pentagon Blacklist As It Pushes Deeper Into AI Robotics
- Positive Sentiment: Alibaba filed its annual report on Form 20-F for fiscal 2026, reducing filing uncertainty and confirming the company remains current with its reporting obligations. Alibaba Group Announces Filing of Annual Report on Form 20-F for Fiscal Year 2026
- Neutral Sentiment: Alibaba adjusted conversion terms on its 2031 convertible notes after its 2026 dividend. This is a technical financing update, but it may matter to investors watching dilution and capital structure. Alibaba adjusts conversion terms on 2031 convertible notes after 2026 dividend
- Neutral Sentiment: Commentary comparing MercadoLibre and Alibaba underscores that BABA is still viewed as a growth-oriented e-commerce and AI play, but with credit risk and macro challenges clouding the outlook. MercadoLibre vs. Alibaba: Which E-Commerce Stock Holds an Edge?
- Negative Sentiment: Alibaba was added to a new Pentagon blacklist alleging links to the Chinese military, increasing geopolitical and regulatory uncertainty even if the direct business impact is expected to be limited. Alibaba (BABA) Faces Pentagon Blacklist As It Pushes Deeper Into AI Robotics
- Negative Sentiment: Broader weakness in Chinese equities is weighing on sentiment, with a major China stock gauge nearing a bear market on soft growth and a tech selloff, which can drag on BABA even when company-specific news is constructive. China Stock Gauge Nears Bear Market on Weak Growth, Tech Slide
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.
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