Taikang Asset Management Hong Kong Co Ltd Decreases Stock Holdings in Alibaba Group Holding Limited $BABA

Taikang Asset Management Hong Kong Co Ltd trimmed its holdings in Alibaba Group Holding Limited (NYSE:BABA) by 20.6% in the 4th quarter, HoldingsChannel reports. The firm owned 216,527 shares of the specialty retailer’s stock after selling 56,314 shares during the quarter. Alibaba Group makes up approximately 3.1% of Taikang Asset Management Hong Kong Co Ltd’s portfolio, making the stock its 7th largest holding. Taikang Asset Management Hong Kong Co Ltd’s holdings in Alibaba Group were worth $31,739,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in BABA. Capital World Investors raised its position in shares of Alibaba Group by 7.7% during the fourth quarter. Capital World Investors now owns 6,505,165 shares of the specialty retailer’s stock valued at $953,527,000 after buying an additional 466,847 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Alibaba Group by 7,680.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 6,014,147 shares of the specialty retailer’s stock worth $881,554,000 after acquiring an additional 5,936,847 shares during the last quarter. Fisher Asset Management LLC grew its stake in Alibaba Group by 0.8% during the fourth quarter. Fisher Asset Management LLC now owns 5,335,894 shares of the specialty retailer’s stock valued at $782,135,000 after acquiring an additional 42,297 shares in the last quarter. Norges Bank bought a new stake in Alibaba Group in the 4th quarter valued at $594,477,000. Finally, American Century Companies Inc. increased its holdings in Alibaba Group by 17.7% in the 3rd quarter. American Century Companies Inc. now owns 2,987,539 shares of the specialty retailer’s stock valued at $533,964,000 after acquiring an additional 448,484 shares during the last quarter. 13.47% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

BABA has been the subject of several research reports. Robert W. Baird dropped their price objective on shares of Alibaba Group from $174.00 to $164.00 and set an “outperform” rating for the company in a report on Friday, March 20th. Erste Group Bank cut Alibaba Group from a “buy” rating to a “hold” rating in a report on Wednesday, February 18th. Barclays increased their price target on Alibaba Group from $186.00 to $195.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th. JPMorgan Chase & Co. raised their price target on Alibaba Group from $200.00 to $205.00 and gave the company an “overweight” rating in a report on Thursday, May 14th. Finally, Morgan Stanley upped their price objective on Alibaba Group from $180.00 to $190.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Two investment 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’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $188.76.

Key Headlines Impacting Alibaba Group

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

• Positive Sentiment: Alibaba unveiled a new suite of AI models built for robots, signaling it is moving beyond chatbots into “physical AI” and agents, which could open a new growth avenue in cloud and enterprise AI. Reuters: Alibaba unveils AI models for robots, amid shift from chatbots to agents
• Positive Sentiment: Reports that billionaire investor Michael Burry boosted his Alibaba stake added a confidence boost, with Burry reportedly calling Alibaba China’s “most advanced” AI company. Stocktwits article
• Positive Sentiment: Alibaba was also reported to be in talks to acquire Chinese grocery delivery company Pupu, which would expand its footprint in local commerce and grocery logistics. Retail Insight Network: Alibaba in talks to acquire Chinese grocery delivery company
• Neutral Sentiment: Several articles highlighted Alibaba’s push into robotics AI and SME support, reinforcing its strategic AI investment theme, but these announcements are more about long-term positioning than immediate financial impact. Yahoo Finance: Alibaba Unveils AI Models for Robots
• Negative Sentiment: Sentiment was hurt by news that the Pentagon blacklisted Alibaba over alleged ties to the Chinese military; although Alibaba denied the claims, the issue raises geopolitical and reputational risk for the stock. Yahoo Finance: Alibaba Group Holding Ltd (BABA): Looking Beyond Pentagon’s Black List
• Negative Sentiment: Chinese regulators publicly rebuked Alibaba and JD.com over alleged misleading discount practices during the 618 shopping festival, adding to regulatory overhang and pressure on consumer sentiment. Barchart: Beijing Rebukes Alibaba and JD.com Over Misleading Discount Practices

Alibaba Group Stock Performance

Alibaba Group stock opened at $110.99 on Wednesday. The company’s 50-day moving average price is $129.65 and its 200-day moving average price is $143.17. 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 company has a market cap of $266.28 billion, a PE ratio of 18.22, a price-to-earnings-growth ratio of 1.93 and a beta of 0.48. Alibaba Group Holding Limited has a twelve month low of $103.71 and a twelve month high of $192.67.

Alibaba Group (NYSE:BABA) last announced its quarterly earnings results on Tuesday, March 31st. The specialty retailer reported $0.01 EPS for the quarter. The firm 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 research analysts forecast that Alibaba Group Holding Limited will post 6.75 EPS for the current fiscal year.

Alibaba Group Dividend Announcement

The business 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. The ex-dividend date is Thursday, June 11th. This represents a dividend yield of 93.0%. Alibaba Group’s payout ratio is 16.91%.

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.