Lingotto Investment Management LLP Invests $2.51 Million in Alibaba Group Holding Limited $BABA

Key Points

• Lingotto Investment Management disclosed a new position in Alibaba, buying 17,100 shares worth about $2.51 million in the fourth quarter.
• Alibaba is drawing attention for new strategic partnerships, including a six-year UEFA deal to serve as its exclusive AI and cloud partner, which could support its international brand and cloud growth.
• Wall Street sentiment remains constructive: several analysts raised price targets on BABA, and the stock carries a consensus rating of Moderate Buy with a consensus target of $188.76.

Lingotto Investment Management LLP purchased a new position in shares of Alibaba Group Holding Limited (NYSE:BABA - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 17,100 shares of the specialty retailer's stock, valued at approximately $2,507,000.

Several other hedge funds also recently made changes to their positions in BABA. Northwestern Mutual Wealth Management Co. grew its stake in Alibaba Group by 7,680.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 6,014,147 shares of the specialty retailer's stock valued at $881,554,000 after purchasing an additional 5,936,847 shares in the last quarter. Capital World Investors grew its stake in Alibaba Group by 1,074.9% in the third quarter. Capital World Investors now owns 6,038,318 shares of the specialty retailer's stock valued at $1,079,229,000 after purchasing an additional 5,524,354 shares in the last quarter. Norges Bank bought a new position in Alibaba Group in the fourth quarter valued at approximately $594,477,000. Artisan Partners Limited Partnership bought a new position in Alibaba Group in the third quarter valued at approximately $290,208,000. Finally, Trivest Advisors Ltd bought a new position in Alibaba Group in the third quarter valued at approximately $202,126,000. 13.47% of the stock is owned by institutional investors.

Key Alibaba Group News

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

• Positive Sentiment: Alibaba announced a six-year partnership with UEFA to become its exclusive AI and cloud partner, with plans to deliver 360-degree replay technology and other AI-driven event tools. The deal could boost Alibaba’s global brand visibility and strengthen its cloud and AI revenue story. Alibaba Group signs 6-year AI deal with Uefa, will bring 360 replay tech to major events
• Positive Sentiment: A separate report also said Alibaba will serve as UEFA’s official AI and cloud partner starting in 2027, reinforcing the idea that the company is expanding internationally through high-profile enterprise partnerships. Alibaba partners with UEFA as official AI and cloud partner from 2027
• Positive Sentiment: Alibaba also said it is optimizing Android 16 for RISC-V chips, which underscores its work in AI infrastructure and next-generation computing. That can be viewed as a long-term technology positive, especially as investors focus on China’s semiconductor and cloud ecosystems. Alibaba optimizes Android 16 for RISC-V chips
• Neutral Sentiment: Alibaba granted new employee share awards under its 2024 plan. While this is a routine retention incentive, it can also dilute existing shareholders slightly, so the market may treat it as mostly neutral. Alibaba Grants New Employee Share Awards Under 2024 Plan
• Neutral Sentiment: Broader news about a rebound in China luxury demand and improved market sentiment may help Alibaba indirectly by signaling a healthier consumer backdrop in China, though it is not a direct company-specific catalyst. China Luxury Demand Rebound Sends Fresh Signal To Investors
• Negative Sentiment: One market note said Alibaba shares were down recently, reflecting that investors still appear cautious despite the company’s strategic announcements. Alibaba Group NYSE: BABA Shares Down 1.5% - What's Next?

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. JPMorgan Chase & Co. raised their price target on Alibaba Group from $200.00 to $205.00 and gave the company an "overweight" rating in a research note on Thursday, May 14th. BNP Paribas Exane assumed coverage on Alibaba Group in a research note on Wednesday, April 29th. They issued an "outperform" rating and a $209.00 price target for the company. HSBC raised their price target on Alibaba Group from $172.00 to $180.00 in a research note on Thursday, May 14th. Susquehanna raised their price target on Alibaba Group from $170.00 to $185.00 and gave the company a "positive" rating in a research note on Friday, May 15th. Finally, Barclays raised their price target on Alibaba Group from $186.00 to $195.00 and gave the company an "overweight" rating in a research note on Thursday, May 14th. Two research 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. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $188.76.

Alibaba Group Stock Performance

Shares of NYSE BABA opened at $125.49 on Tuesday. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.21. Alibaba Group Holding Limited has a 12 month low of $103.71 and a 12 month high of $192.67. The stock has a 50 day moving average of $130.82 and a 200-day moving average of $146.14. The company has a market capitalization of $301.05 billion, a P/E ratio of 20.61, a P/E/G ratio of 2.16 and a beta of 0.50.

Alibaba Group (NYSE:BABA - Get Free Report) last issued its earnings results on Tuesday, March 31st. The specialty retailer reported $0.01 EPS for the quarter. The company 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%. As a group, equities research analysts predict that Alibaba Group Holding Limited will post 6.67 EPS for the current year.

Alibaba Group Announces Dividend

The company also recently declared an annual dividend, which will be paid on Monday, July 13th. Investors of record on Thursday, June 11th will be paid a $1.05 dividend. The ex-dividend date is Thursday, June 11th. This represents a yield of 72.0%. Alibaba Group's payout ratio is 16.91%.

Alibaba Group 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.

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