2,200 Shares in Alibaba Group Holding Limited (NYSE:BABA) Acquired by Vanguard Capital Wealth Advisors

Vanguard Capital Wealth Advisors bought a new stake in shares of Alibaba Group Holding Limited (NYSE:BABA - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 2,200 shares of the specialty retailer's stock, valued at approximately $291,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Sierra Ocean LLC acquired a new position in Alibaba Group during the fourth quarter valued at approximately $32,000. Strategic Investment Solutions Inc. IL grew its holdings in Alibaba Group by 59.0% during the fourth quarter. Strategic Investment Solutions Inc. IL now owns 539 shares of the specialty retailer's stock valued at $46,000 after purchasing an additional 200 shares during the period. Redwood Park Advisors LLC acquired a new position in shares of Alibaba Group in the fourth quarter valued at approximately $52,000. Vision Financial Markets LLC bought a new position in Alibaba Group in the fourth quarter valued at $55,000. Finally, Brown Shipley& Co Ltd increased its stake in shares of Alibaba Group by 279.1% during the 4th quarter. Brown Shipley& Co Ltd now owns 652 shares of the specialty retailer's stock worth $55,000 after purchasing an additional 480 shares during the last quarter. 13.47% of the stock is owned by institutional investors and hedge funds.

Alibaba Group Price Performance

NYSE:BABA traded up $0.48 during mid-day trading on Tuesday, hitting $121.96. The company's stock had a trading volume of 8,792,286 shares, compared to its average volume of 20,004,418. The company has a market capitalization of $290.99 billion, a price-to-earnings ratio of 17.62, a P/E/G ratio of 0.61 and a beta of 0.22. The stock has a fifty day moving average of $117.79 and a 200-day moving average of $110.46. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 0.19. Alibaba Group Holding Limited has a fifty-two week low of $71.80 and a fifty-two week high of $148.43.

Alibaba Group Cuts Dividend

The company also recently declared a -- dividend, which will be paid on Thursday, July 10th. Investors of record on Thursday, June 12th will be given a dividend of $0.95 per share. The ex-dividend date is Thursday, June 12th. This represents a dividend yield of 0.8%. Alibaba Group's dividend payout ratio is 13.83%.

Analyst Ratings Changes

Several brokerages have recently commented on BABA. JPMorgan Chase & Co. boosted their target price on shares of Alibaba Group from $125.00 to $170.00 and gave the company an "overweight" rating in a research report on Friday, February 21st. Bank of America increased their price target on shares of Alibaba Group from $117.00 to $150.00 and gave the company a "buy" rating in a research report on Friday, February 21st. Citigroup lowered their price target on Alibaba Group from $170.00 to $169.00 and set a "buy" rating on the stock in a report on Tuesday, April 8th. Barclays upped their price objective on shares of Alibaba Group from $130.00 to $180.00 and gave the company an "overweight" rating in a research note on Friday, February 21st. Finally, Arete Research upgraded shares of Alibaba Group to a "strong-buy" rating in a research note on Friday, February 28th. One investment analyst has rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of $154.21.

Alibaba Group Profile

Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others.