Trivest Advisors Ltd trimmed its position in Alibaba Group Holding Limited (NYSE:BABA – Free Report) by 97.8% in the fourth quarter, HoldingsChannel reports. The firm owned 24,400 shares of the specialty retailer’s stock after selling 1,106,500 shares during the quarter. Alibaba Group accounts for about 0.2% of Trivest Advisors Ltd’s holdings, making the stock its 29th largest holding. Trivest Advisors Ltd’s holdings in Alibaba Group were worth $3,577,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BABA. Brighton Jones LLC boosted its stake in 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 purchased a new stake in Alibaba Group in the 1st quarter worth approximately $254,000. Bank of Nova Scotia lifted its stake in Alibaba Group by 313.0% in the 2nd 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 in the last quarter. Daiwa Securities Group Inc. purchased a new stake in Alibaba Group in the 2nd quarter worth approximately $1,613,000. Finally, Ieq Capital LLC increased its holdings in shares of Alibaba Group by 51.9% in the 2nd quarter. Ieq Capital LLC now owns 70,060 shares of the specialty retailer’s stock worth $7,946,000 after buying an additional 23,925 shares during the last quarter. 13.47% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several brokerages have issued reports on BABA. Wall Street Zen raised shares of Alibaba Group from a “sell” rating to a “hold” rating in a report on Saturday, May 23rd. JPMorgan Chase & Co. boosted their target price on shares of Alibaba Group from $200.00 to $205.00 and gave the company an “overweight” rating in a research report on Thursday, May 14th. BNP Paribas Exane initiated coverage on shares of Alibaba Group in a research report on Wednesday, April 29th. They issued an “outperform” rating and a $209.00 price target for the company. Nomura upped their target price 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. Finally, Morgan Stanley upped their target price on shares of Alibaba Group from $180.00 to $190.00 and gave the stock an “overweight” rating in a research report on Thursday, May 14th. Two research 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. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $188.76.
Key Stories Impacting Alibaba Group
Here are the key news stories impacting Alibaba Group this week:
- Positive Sentiment: Alibaba was upgraded by Zacks Research from “strong sell” to “hold,” which suggests sentiment around the stock is improving modestly and may support investor confidence. Zacks Research upgrade
- Positive Sentiment: Alibaba is being considered as a potential bidder for South Korea’s Homeplus, a move that could help expand its offline retail and e-commerce presence outside China if it decides to pursue the deal. Alibaba Weighs Homeplus Bid To Shape Offline Retail Expansion Abroad
- Positive Sentiment: Alibaba was included in a report highlighting Chinese AI stocks to consider in 2026, reinforcing the market’s view that the company could benefit from rising interest in China’s AI and semiconductor ecosystem. 3 Chinese AI stocks to consider in 2026
- Neutral Sentiment: Alibaba and its Daraz unit met with government officials for a budget consultation, which may be relevant to policy and e-commerce discussion but does not appear to be an immediate stock-moving catalyst. Govt Holds Budget 2026-27 Consultation With Daraz and Alibaba
- Neutral Sentiment: A separate research roundup on Alibaba, Broadcom, and Cisco noted AI, networking, and cloud growth themes, which keeps Alibaba in the conversation as an AI and cloud-related name. Top Stock Reports for Broadcom, Cisco & Alibaba
- Negative Sentiment: Broader China tech sentiment has been pressured by fresh U.S. scrutiny over possible AI chip export loopholes benefiting Chinese firms, which can weigh on Alibaba shares even though the probe is more directly aimed at Nvidia. Trump Officials Worry US Loophole Let Chinese Firms Buy Nvidia Blackwell Chips
Alibaba Group Stock Down 4.0%
NYSE:BABA opened at $120.92 on Friday. Alibaba Group Holding Limited has a fifty-two week low of $103.71 and a fifty-two week high of $192.67. The stock has a market capitalization of $290.10 billion, a P/E ratio of 19.86, a P/E/G ratio of 2.16 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. The company’s 50-day simple moving average is $130.84 and its 200-day simple moving average is $145.35.
Alibaba Group (NYSE:BABA – Get Free Report) last released its earnings results on Tuesday, March 31st. The specialty retailer reported $0.01 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 anticipate that Alibaba Group Holding Limited will post 6.75 earnings per share for the current fiscal year.
Alibaba Group Dividend Announcement
The company 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 72.0%. The ex-dividend date of this dividend is Thursday, June 11th. Alibaba Group’s payout ratio is 15.60%.
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.
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