Abacus Wealth Partners LLC Makes New Investment in Alibaba Group Holding Limited $BABA

Abacus Wealth Partners LLC purchased a new position in shares of Alibaba Group Holding Limited (NYSE:BABA) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 6,401 shares of the specialty retailer’s stock, valued at approximately $938,000.

Other hedge funds have also recently added to or reduced their stakes in the company. ARK Investment Management LLC bought a new stake in Alibaba Group in the third quarter worth about $37,565,000. Great Hill Capital LLC purchased a new position in shares of Alibaba Group during the third quarter worth approximately $2,207,000. Vanguard Personalized Indexing Management LLC increased its position in shares of Alibaba Group by 14.9% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 30,361 shares of the specialty retailer’s stock worth $5,427,000 after acquiring an additional 3,929 shares during the period. Jennison Associates LLC increased its position in shares of Alibaba Group by 11.9% during the fourth quarter. Jennison Associates LLC now owns 54,235 shares of the specialty retailer’s stock worth $7,950,000 after acquiring an additional 5,760 shares during the period. Finally, Thornburg Investment Management Inc. increased its position in shares of Alibaba Group by 14.3% during the third quarter. Thornburg Investment Management Inc. now owns 553,384 shares of the specialty retailer’s stock worth $98,906,000 after acquiring an additional 69,232 shares during the period. Institutional investors own 13.47% of the company’s stock.

Key Stories Impacting Alibaba Group

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 Stock Performance

Shares of BABA stock opened at $132.53 on Friday. The firm has a market cap of $317.95 billion, a price-to-earnings ratio of 21.76, a PEG ratio of 2.29 and a beta of 0.50. The company’s 50 day moving average is $131.64 and its 200 day moving average 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 Holding Limited has a 52-week low of $103.71 and a 52-week high of $192.67.

Alibaba Group (NYSE:BABA) last issued its quarterly earnings data on Tuesday, March 31st. The specialty retailer reported $0.01 earnings per share (EPS) for the quarter. The company had revenue of $35.30 billion for the quarter. Alibaba Group had a net margin of 10.31% and a return on equity of 4.76%. On average, sell-side analysts anticipate that Alibaba Group Holding Limited will post 6.67 EPS 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. Shareholders of record on Thursday, June 11th will be issued a $1.05 dividend. This represents a yield of 72.0%. The ex-dividend date of this dividend is Thursday, June 11th. Alibaba Group’s payout ratio is currently 17.92%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on BABA shares. BNP Paribas Exane started coverage on shares of Alibaba Group in a research report on Wednesday, April 29th. They set an “outperform” rating and a $209.00 target price on the stock. DZ Bank lowered shares of Alibaba Group from a “buy” rating to a “hold” rating and set a $135.00 target price on the stock. in a research report on Friday, March 20th. Robert W. Baird reduced their target price on shares of Alibaba Group from $174.00 to $164.00 and set an “outperform” rating on the stock in a research report on Friday, March 20th. Weiss Ratings lowered shares of Alibaba Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 27th. Finally, Morgan Stanley raised 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. Two analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Alibaba Group currently has an average rating of “Moderate Buy” and an average price target of $188.76.

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.