Y Intercept Hong Kong Ltd Invests $10.06 Million in Alibaba Group Holding Limited $BABA

Y Intercept Hong Kong Ltd bought a new position in shares of Alibaba Group Holding Limited (NYSE:BABA) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 68,620 shares of the specialty retailer’s stock, valued at approximately $10,058,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Bleakley Financial Group LLC raised its stake in Alibaba Group by 0.4% during the fourth quarter. Bleakley Financial Group LLC now owns 16,420 shares of the specialty retailer’s stock valued at $2,407,000 after buying an additional 67 shares in the last quarter. Ameriflex Group Inc. grew its position 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 worth $26,000 after acquiring an additional 72 shares in the last quarter. Highline Wealth Partners LLC grew its position in shares of Alibaba Group by 20.7% in the 4th quarter. Highline Wealth Partners LLC now owns 426 shares of the specialty retailer’s stock worth $62,000 after acquiring an additional 73 shares in the last quarter. TrueWealth Financial Partners grew its position in shares of Alibaba Group by 1.7% in the 3rd quarter. TrueWealth Financial Partners now owns 4,361 shares of the specialty retailer’s stock worth $779,000 after acquiring an additional 75 shares in the last quarter. Finally, Cypress Wealth Services LLC grew its position in shares of Alibaba Group by 5.6% in the 4th quarter. Cypress Wealth Services LLC now owns 1,418 shares of the specialty retailer’s stock worth $208,000 after acquiring an additional 75 shares in the last quarter. 13.47% of the stock is owned by hedge funds and other institutional investors.

Alibaba Group Stock Performance

Shares of NYSE BABA opened at $112.71 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 stock has a 50 day simple moving average of $130.07 and a 200-day simple moving average of $143.93. The company has a market cap of $270.39 billion, a PE ratio of 18.51, a P/E/G ratio of 1.93 and a beta of 0.47. Alibaba Group Holding Limited has a 12-month low of $103.71 and a 12-month 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 business had revenue of $35.30 billion during the quarter. Alibaba Group had a return on equity of 4.76% and a net margin of 10.31%. On average, equities research analysts forecast that Alibaba Group Holding Limited will post 6.75 EPS for the current year.

Alibaba Group Dividend Announcement

The firm also recently disclosed an annual dividend, which will be paid on Monday, July 13th. Stockholders of record on Thursday, June 11th will be given a dividend of $1.05 per share. The ex-dividend date is Thursday, June 11th. This represents a dividend yield of 93.0%. Alibaba Group’s payout ratio is currently 16.91%.

More Alibaba Group News

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

• Positive Sentiment: Alibaba reportedly offered about $1.5 billion to buy grocery delivery firm Pupu, a move that would expand its instant-retail and grocery push and sharpen its competition with Meituan. Alibaba Bids $1.5B for Pupu to Challenge Meituan in Grocery Delivery
• Positive Sentiment: Several recent analyst notes remain constructive, with price targets clustering well above the current trading range, suggesting some investors still see meaningful upside.
• Neutral Sentiment: Alibaba also named a new CEO for DingTalk after internal debate over AI strategy, signaling ongoing management changes but not an immediate financial impact. Alibaba Names 34-Year-Old Tech Geek as DingTalk’s New CEO
• Negative Sentiment: Beijing reportedly criticized discount-heavy promotions during the 618 shopping festival, adding fresh regulatory risk for Alibaba and other Chinese e-commerce leaders. Alibaba and JD Slide After Beijing Rebuke
• Negative Sentiment: Two securities-fraud law firms announced continuing investigations into Alibaba, which can further hurt sentiment by raising litigation and governance concerns. Securities Fraud Investigation Into Alibaba Group Holding Ltd. (BABA) Continues
• Negative Sentiment: The stock is also being weighed by reports that Alibaba was added to a U.S. Defense Department list of companies linked to China’s military, which could increase institutional caution toward the ADR. Is Alibaba Group Holding Limited (BABA) A Good Stock To Buy Now?

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of Alibaba Group in a research report on Wednesday, May 27th. Zacks Research upgraded Alibaba Group from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 2nd. Wall Street Zen upgraded Alibaba Group from a “sell” rating to a “hold” rating in a research note on Saturday, May 23rd. Robert W. Baird decreased their target price on Alibaba Group from $174.00 to $164.00 and set an “outperform” rating for the company in a research note on Friday, March 20th. Finally, Freedom Capital upgraded Alibaba Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 24th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Alibaba Group has a consensus 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.