Integrity Alliance LLC. boosted its stake in Alibaba Group Holding Limited (NYSE:BABA - Free Report) by 50.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,052 shares of the specialty retailer's stock after purchasing an additional 5,049 shares during the period. Integrity Alliance LLC.'s holdings in Alibaba Group were worth $2,206,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also added to or reduced their stakes in BABA. Ameriflex Group Inc. lifted its stake in Alibaba Group by 101.4% in the 3rd quarter. Ameriflex Group Inc. now owns 143 shares of the specialty retailer's stock valued at $26,000 after purchasing an additional 72 shares during the last quarter. Foster Dykema Cabot & Partners LLC bought a new position in Alibaba Group in the 3rd quarter valued at approximately $30,000. Costello Asset Management INC bought a new position in Alibaba Group in the 4th quarter valued at approximately $34,000. Palisade Asset Management LLC bought a new position in Alibaba Group in the 3rd quarter valued at approximately $37,000. Finally, GAMMA Investing LLC lifted its stake in Alibaba Group by 107.7% in the 4th quarter. GAMMA Investing LLC now owns 324 shares of the specialty retailer's stock valued at $47,000 after purchasing an additional 168 shares during the last quarter. Institutional investors own 13.47% of the company's stock.
Alibaba Group Price Performance
BABA stock opened at $127.74 on Thursday. The company has a fifty day moving average price of $131.22 and a 200-day moving average price of $146.96. The company has a market capitalization of $306.45 billion, a P/E ratio of 20.97, a PEG ratio of 2.25 and a beta of 0.50. Alibaba Group Holding Limited has a 52-week low of $103.71 and a 52-week high of $192.67. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.28 and a current ratio of 1.28.
Alibaba Group (NYSE:BABA - Get Free Report) last released its quarterly earnings results on Tuesday, March 31st. The specialty retailer reported $0.01 earnings per share (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%. As a group, equities analysts expect that Alibaba Group Holding Limited will post 6.67 EPS for the current year.
Alibaba Group Dividend Announcement
The company 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 72.0%. Alibaba Group's dividend payout ratio is 15.60%.
Key Stories Impacting Alibaba Group
Here are the key news stories impacting Alibaba Group this week:
Wall Street Analyst Weigh In
Several equities analysts recently commented on BABA shares. Weiss Ratings downgraded shares of Alibaba Group from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Friday, February 27th. Wall Street Zen raised shares of Alibaba Group from a "sell" rating to a "hold" rating in a research note on Saturday, May 23rd. Morgan Stanley raised their price target on shares of Alibaba Group from $180.00 to $190.00 and gave the company an "overweight" rating in a research note on Thursday, May 14th. Zacks Research downgraded shares of Alibaba Group from a "hold" rating to a "strong sell" rating in a research note on Wednesday, April 22nd. Finally, Mizuho raised their price target on shares of Alibaba Group from $190.00 to $195.00 and gave the company an "outperform" rating in a research note on Thursday, May 14th. Two equities 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 given a Sell rating to the company's stock. According to MarketBeat, Alibaba Group presently has an average rating of "Moderate Buy" and an average target price of $188.76.
Check Out Our Latest Analysis on BABA
Alibaba Group Company Profile
(
Free Report)
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.
See Also
Want to see what other hedge funds are holding BABA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alibaba Group Holding Limited (NYSE:BABA - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Alibaba Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alibaba Group wasn't on the list.
While Alibaba Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link to see MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.