Sands Capital Management LLC Takes $1.10 Million Position in Alibaba Group Holding Limited $BABA

Sands Capital Management LLC purchased a new stake in Alibaba Group Holding Limited (NYSE:BABA) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 7,511 shares of the specialty retailer’s stock, valued at approximately $1,101,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Mariner LLC increased its stake in shares of Alibaba Group by 27.2% in the 4th quarter. Mariner LLC now owns 83,657 shares of the specialty retailer’s stock valued at $12,266,000 after purchasing an additional 17,871 shares during the last quarter. Focus Partners Wealth increased its stake in shares of Alibaba Group by 10.0% in the 4th quarter. Focus Partners Wealth now owns 48,061 shares of the specialty retailer’s stock valued at $7,221,000 after purchasing an additional 4,379 shares during the last quarter. Arax Advisory Partners increased its stake in shares of Alibaba Group by 79.5% in the 4th quarter. Arax Advisory Partners now owns 7,162 shares of the specialty retailer’s stock valued at $1,050,000 after purchasing an additional 3,171 shares during the last quarter. Bollard Group LLC bought a new position in shares of Alibaba Group in the 4th quarter valued at $284,000. Finally, Atlas Capital Advisors Inc. bought a new position in shares of Alibaba Group in the 4th quarter valued at $89,000. Institutional investors own 13.47% of the company’s stock.

Alibaba Group News Roundup

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?

Alibaba Group Price Performance

Shares of BABA opened at $112.71 on Monday. Alibaba Group Holding Limited has a 12-month low of $103.71 and a 12-month high of $192.67. The business has a 50-day simple moving average of $130.07 and a two-hundred day simple moving average of $143.81. 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 stock has a market cap of $270.39 billion, a PE ratio of 18.51, a PEG ratio of 1.94 and a beta of 0.48.

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

Alibaba Group Dividend Announcement

The company also recently announced 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 93.0%. The ex-dividend date of this dividend is Thursday, June 11th. Alibaba Group’s dividend payout ratio is presently 16.91%.

Analyst Ratings Changes

BABA has been the topic of several recent analyst reports. Freedom Capital upgraded Alibaba Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 24th. HSBC raised their target price on shares of Alibaba Group from $172.00 to $180.00 in a research report on Thursday, May 14th. BNP Paribas Exane initiated coverage on shares of Alibaba Group in a research report on Wednesday, April 29th. They issued an “outperform” rating and a $209.00 target price on the stock. Zacks Research upgraded shares of Alibaba Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 2nd. Finally, 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. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price 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.