Northwestern Mutual Wealth Management Co. Has $881.55 Million Stock Holdings in Alibaba Group Holding Limited $BABA

Northwestern Mutual Wealth Management Co. increased its holdings in shares of Alibaba Group Holding Limited (NYSE:BABA) by 7,680.3% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 6,014,147 shares of the specialty retailer’s stock after purchasing an additional 5,936,847 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Alibaba Group were worth $881,554,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Ameriflex Group Inc. lifted its position in shares of Alibaba Group by 101.4% during the 3rd quarter. Ameriflex Group Inc. now owns 143 shares of the specialty retailer’s stock worth $26,000 after purchasing an additional 72 shares during the last quarter. Foster Dykema Cabot & Partners LLC acquired a new position in shares of Alibaba Group during the 3rd quarter worth about $30,000. NBT Bank N A NY lifted its position in shares of Alibaba Group by 231.5% during the 3rd quarter. NBT Bank N A NY now owns 179 shares of the specialty retailer’s stock worth $32,000 after purchasing an additional 125 shares during the last quarter. Costello Asset Management INC acquired a new position in shares of Alibaba Group during the 4th quarter worth about $34,000. Finally, Palisade Asset Management LLC acquired a new position in shares of Alibaba Group during the 3rd quarter worth about $37,000. 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 BABA shares. Zacks Research cut Alibaba Group from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 22nd. DZ Bank lowered Alibaba Group from a “buy” rating to a “hold” rating and set a $135.00 price target on the stock. in a research note on Friday, March 20th. Morgan Stanley boosted their price target on Alibaba Group from $180.00 to $190.00 and gave the company an “overweight” rating in a research note on Thursday. Jefferies Financial Group lowered their price target on Alibaba Group from $225.00 to $212.00 and set a “buy” rating on the stock in a research note on Thursday, March 19th. Finally, Robert W. Baird lowered their price target on Alibaba Group from $174.00 to $164.00 and set an “outperform” rating on the stock in a research note on Friday, March 20th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $188.76.

Alibaba Group News Summary

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

• Positive Sentiment: Multiple Wall Street firms raised price targets on Alibaba, including Nomura, Morgan Stanley, Mizuho, HSBC, and JPMorgan, signaling continued confidence in the stock’s upside as analysts focus on its cloud and AI growth. Nomura adjusts Alibaba Group price target to $207
• Positive Sentiment: Alibaba shares surged in Hong Kong as the company accelerated its pivot to AI, reinforcing the idea that investors are rewarding the shift toward higher-growth cloud and artificial intelligence businesses. Alibaba shares surge 7% in Hong Kong as firm accelerates pivot to AI
• Positive Sentiment: Recent coverage highlighted strong AI and cloud momentum, including triple-digit AI revenue growth and a 38% jump in cloud revenue, which supports the bull case that Alibaba’s heavy spending may eventually pay off. Alibaba Earnings: Cloud Acceleration Is A Bullish Catalyst
• Neutral Sentiment: The Trump-Xi summit ended with few concrete breakthroughs, but the absence of escalation is being viewed as a short-term plus for Chinese equities, including Alibaba. Trump-Xi Summit Ends With Few Breakthroughs
• Negative Sentiment: Alibaba’s latest earnings report showed profits under pressure as the company ramped up AI, cloud, and commerce spending, with some analysts warning that margins may stay strained in the near term. BABA Q4 Profit Falls on Heavy Tech Spending

Alibaba Group Trading Down 6.1%

Shares of BABA opened at $132.53 on Friday. Alibaba Group Holding Limited has a 12-month low of $103.71 and a 12-month high of $192.67. The firm has a market capitalization of $317.95 billion, a price-to-earnings ratio of 21.76, a P/E/G ratio of 2.44 and a beta of 0.50. The stock’s 50-day moving average price is $131.64 and its 200 day moving average price is $149.37. The company has a quick ratio of 1.33, a current ratio of 1.28 and a debt-to-equity ratio of 0.21.

Alibaba Group (NYSE:BABA) last released its quarterly earnings data on Tuesday, March 31st. The specialty retailer reported $0.01 earnings per share for the quarter. Alibaba Group had a return on equity of 4.76% and a net margin of 10.31%.The company had revenue of $35.30 billion for the quarter. As a group, research analysts predict that Alibaba Group Holding Limited will post 6.7 earnings per share for the current year.

Alibaba Group Dividend Announcement

The business also recently disclosed an annual dividend, which will be paid on Monday, July 13th. Stockholders of record on Thursday, June 11th will be paid a $1.05 dividend. This represents a dividend yield of 72.0%. The ex-dividend date is Thursday, June 11th. Alibaba Group’s dividend payout ratio is currently 17.92%.

Alibaba Group Company 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.