Alibaba Group Holding Limited $BABA is IvyRock Asset Management HK Ltd’s 3rd Largest Position

IvyRock Asset Management HK Ltd lessened its stake in Alibaba Group Holding Limited (NYSE:BABA) by 12.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 96,700 shares of the specialty retailer’s stock after selling 14,200 shares during the quarter. Alibaba Group accounts for 7.5% of IvyRock Asset Management HK Ltd’s portfolio, making the stock its 3rd largest position. IvyRock Asset Management HK Ltd’s holdings in Alibaba Group were worth $14,174,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Ameriflex Group Inc. increased its holdings in shares of 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 purchasing an additional 72 shares in the last quarter. Foster Dykema Cabot & Partners LLC purchased a new position in shares of Alibaba Group in the 3rd quarter valued at about $30,000. Palisade Asset Management LLC purchased a new position in shares of Alibaba Group in the 3rd quarter valued at about $37,000. Costello Asset Management INC purchased a new position in shares of Alibaba Group in the 4th quarter valued at about $34,000. Finally, Key Financial Inc increased its holdings in shares of Alibaba Group by 316.9% in the 4th quarter. Key Financial Inc now owns 271 shares of the specialty retailer’s stock valued at $40,000 after purchasing an additional 206 shares in the last quarter. Hedge funds and other institutional investors own 13.47% of the company’s stock.

Analysts Set New Price Targets

BABA has been the subject of a number of research analyst reports. HSBC increased their price target on shares of Alibaba Group from $172.00 to $180.00 in a report on Thursday, May 14th. Zacks Research upgraded shares of Alibaba Group from a “strong sell” rating to a “hold” rating in a report on Tuesday. Morgan Stanley raised their target price on shares of Alibaba Group from $180.00 to $190.00 and gave the company an “overweight” rating in a report on Thursday, May 14th. Susquehanna raised their target price on shares of Alibaba Group from $170.00 to $185.00 and gave the company a “positive” rating in a report on Friday, May 15th. Finally, JPMorgan Chase & Co. raised their target price on shares of Alibaba Group from $200.00 to $205.00 and gave the company an “overweight” rating in a 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 assigned a Hold rating to the stock. Based on data from MarketBeat.com, Alibaba Group has a consensus rating of “Moderate Buy” and an average price target of $188.76.

Alibaba Group Stock Performance

NYSE:BABA opened at $126.10 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 firm has a 50-day moving average price of $131.02 and a two-hundred day moving average price of $145.52. Alibaba Group Holding Limited has a twelve month low of $103.71 and a twelve month high of $192.67. The company has a market capitalization of $302.52 billion, a P/E ratio of 20.71, a price-to-earnings-growth ratio of 2.18 and a beta of 0.47.

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

Alibaba Group Announces Dividend

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

Key Alibaba Group News

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.