TD Asset Management Inc Reduces Stake in Alibaba Group Holding Limited $BABA

TD Asset Management Inc reduced its position in Alibaba Group Holding Limited (NYSE:BABAFree Report) by 13.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 79,001 shares of the specialty retailer’s stock after selling 11,884 shares during the period. TD Asset Management Inc’s holdings in Alibaba Group were worth $11,580,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently bought and sold shares of BABA. Brighton Jones LLC lifted its position in Alibaba Group by 40.4% during the fourth quarter. Brighton Jones LLC now owns 3,411 shares of the specialty retailer’s stock valued at $289,000 after purchasing an additional 981 shares in the last quarter. AQR Capital Management LLC purchased a new position in Alibaba Group during the first quarter valued at $254,000. Bank of Nova Scotia lifted its position 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 valued at $2,470,000 after purchasing an additional 16,505 shares in the last quarter. Daiwa Securities Group Inc. purchased a new position in Alibaba Group during the second quarter valued at $1,613,000. Finally, Ieq Capital LLC lifted its position in Alibaba Group by 51.9% during the second quarter. Ieq Capital LLC now owns 70,060 shares of the specialty retailer’s stock valued at $7,946,000 after purchasing an additional 23,925 shares in the last quarter. 13.47% of the stock is currently owned by hedge funds and other institutional investors.

Alibaba Group Trading Down 0.8%

Shares of BABA stock opened at $120.11 on Tuesday. Alibaba Group Holding Limited has a 12-month low of $103.71 and a 12-month high of $192.67. 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’s 50-day moving average price is $130.74 and its 200-day moving average price is $144.98. The stock has a market capitalization of $288.17 billion, a price-to-earnings ratio of 19.72, a price-to-earnings-growth ratio of 2.08 and a beta of 0.48.

Alibaba Group (NYSE:BABAGet Free Report) last issued its earnings results on Tuesday, March 31st. The specialty retailer reported $0.01 earnings per share (EPS) for the quarter. Alibaba Group had a return on equity of 4.76% and a net margin of 10.31%.The firm had revenue of $35.30 billion for the quarter. Equities research analysts predict that Alibaba Group Holding Limited will post 6.75 EPS for the current fiscal year.

Alibaba Group Announces Dividend

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 $1.05 dividend. 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 News Roundup

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

  • Positive Sentiment: Alibaba is accelerating its AI push by creating a new business unit, Token Foundry, which consolidates its Tongyi Lab and Future Life units under the Alibaba Token Hub. The move appears aimed at speeding product development and opening a potential new revenue stream from AI services. Article Title
  • Positive Sentiment: Alibaba’s AI strategy is also getting investor attention through a UK trial of its Accio Work platform, which showcased the company’s agentic AI tools to European small and mid-sized businesses. That suggests Alibaba is trying to expand its AI footprint beyond China and prove real-world commercial use cases. Article Title
  • Neutral Sentiment: Reports that Alibaba is forging its AI plans into a more formal structure reinforce the company’s long-term growth narrative, but this is mainly a strategic reorganization rather than an immediate financial catalyst. Article Title
  • Negative Sentiment: The U.S. Department of Defense reportedly added Alibaba to a list of companies it says support China’s military. That designation could hurt investor confidence and raises the risk of tighter scrutiny, reputational damage, and potential limits on U.S. government business. Article Title
  • Negative Sentiment: Additional coverage echoed the Pentagon accusation against Alibaba, reinforcing the headline risk and likely adding pressure on BABA shares today. Article Title

Analyst Ratings Changes

Several research firms recently weighed in on BABA. Nomura lifted their target price on Alibaba Group from $200.00 to $207.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Barclays lifted their target price on Alibaba Group from $186.00 to $195.00 and gave the company an “overweight” rating in a research report on Thursday, May 14th. Robert W. Baird lowered their target price on Alibaba Group from $174.00 to $164.00 and set an “outperform” rating on the stock in a research report on Friday, March 20th. Erste Group Bank downgraded Alibaba Group from a “buy” rating to a “hold” rating in a research report on Wednesday, February 18th. Finally, Wall Street Zen upgraded Alibaba Group from a “sell” rating to a “hold” rating in a research report on Saturday, May 23rd. Two research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $188.76.

View Our Latest Analysis on BABA

About Alibaba Group

(Free Report)

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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Institutional Ownership by Quarter for Alibaba Group (NYSE:BABA)

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