Cibc World Market Inc. Has $37.29 Million Stock Position in Alibaba Group Holding Limited $BABA

Cibc World Market Inc. boosted its position in Alibaba Group Holding Limited (NYSE:BABA) by 3.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 254,414 shares of the specialty retailer’s stock after acquiring an additional 8,819 shares during the period. Cibc World Market Inc.’s holdings in Alibaba Group were worth $37,292,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. ARK Investment Management LLC acquired a new position in Alibaba Group during the third quarter worth $37,565,000. Great Hill Capital LLC acquired a new position in shares of Alibaba Group during the third quarter valued at about $2,207,000. Jennison Associates LLC grew its holdings in shares of Alibaba Group by 11.9% during the fourth quarter. Jennison Associates LLC now owns 54,235 shares of the specialty retailer’s stock valued at $7,950,000 after buying an additional 5,760 shares during the last quarter. Thornburg Investment Management Inc. increased its position in shares of Alibaba Group by 14.3% during the third quarter. Thornburg Investment Management Inc. now owns 553,384 shares of the specialty retailer’s stock worth $98,906,000 after acquiring an additional 69,232 shares in the last quarter. Finally, Eurizon Capital SGR S.p.A. acquired a new stake in shares of Alibaba Group in the 4th quarter worth about $21,266,000. Institutional investors and hedge funds own 13.47% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Mizuho raised their price target on shares of Alibaba Group from $190.00 to $195.00 and gave the company an “outperform” rating in a research report on Thursday, May 14th. BNP Paribas Exane started coverage on Alibaba Group in a report on Wednesday, April 29th. They set an “outperform” rating and a $209.00 price objective for the company. DZ Bank lowered Alibaba Group from a “buy” rating to a “hold” rating and set a $135.00 target price on the stock. in a report on Friday, March 20th. Jefferies Financial Group decreased their price target on Alibaba Group from $225.00 to $212.00 and set a “buy” rating for the company in a report on Thursday, March 19th. Finally, JPMorgan Chase & Co. increased their price target on Alibaba Group from $200.00 to $205.00 and gave the company an “overweight” rating in a research report on Thursday, May 14th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $188.76.

Alibaba Group Stock Performance

BABA stock opened at $126.10 on Friday. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.21. The firm has a market cap of $302.52 billion, a PE ratio of 20.71, a P/E/G ratio of 2.18 and a beta of 0.47. The business has a 50 day moving average of $131.02 and a 200-day moving average of $145.52. Alibaba Group Holding Limited has a 12-month low of $103.71 and a 12-month high of $192.67.

Alibaba Group (NYSE:BABA) last issued its quarterly earnings results on Tuesday, March 31st. The specialty retailer reported $0.01 EPS for the quarter. Alibaba Group had a return on equity of 4.76% and a net margin of 10.31%.The business had revenue of $35.30 billion for the quarter. As a group, sell-side analysts expect that Alibaba Group Holding Limited will post 6.75 earnings per share for the current year.

Alibaba Group Announces Dividend

The firm also recently announced 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. This represents a dividend yield of 72.0%. The ex-dividend date is Thursday, June 11th. Alibaba Group’s payout ratio is presently 16.91%.

Alibaba Group News Roundup

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

• Positive Sentiment: Alibaba is drawing attention after Zacks Research upgraded the stock from “strong sell” to “hold,” suggesting sentiment is improving even without a fresh earnings catalyst. Zacks upgrade
• Positive Sentiment: The company continues to promote its Qwen AI platform, cloud tools, and AI-enabled commerce initiatives, which investors may view as evidence that Alibaba is strengthening its long-term growth story. Alibaba expands AI capabilities
• Positive Sentiment: Alibaba’s new multi-year UEFA partnership positions its AI, cloud, and e-commerce platforms on a global stage, reinforcing the company’s international brand and technology ambitions. Alibaba UEFA deal
• Positive Sentiment: Reports that Alibaba is weighing a bid for South Korea’s Homeplus could support its offline retail expansion story abroad and signal that management is still looking for overseas growth opportunities. Alibaba weighs Homeplus bid
• Neutral Sentiment: Alibaba confirmed routine share-capital changes and continued public-float compliance, which is operationally routine and unlikely to move the stock on its own. Share capital update
• Neutral Sentiment: Broader commentary about large upcoming IPOs such as SpaceX and OpenAI is adding market noise, but it is not directly tied to Alibaba’s fundamentals. Major tech IPOs article

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.