Walser Wealth Management Company A Ltd Liability Co Takes Position in Alibaba Group Holding Limited $BABA

Walser Wealth Management Company A Ltd Liability Co acquired a new position in Alibaba Group Holding Limited (NYSE:BABAFree Report) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 5,252 shares of the specialty retailer’s stock, valued at approximately $770,000.

Several other large investors have also modified their holdings of the company. Ameriflex Group Inc. raised its holdings in 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 during the period. Foster Dykema Cabot & Partners LLC acquired a new position in Alibaba Group during the 3rd quarter worth $30,000. Costello Asset Management INC bought a new stake in Alibaba Group during the fourth quarter valued at about $34,000. Palisade Asset Management LLC bought a new stake in Alibaba Group during the third quarter valued at about $37,000. Finally, Palladiem LLC acquired a new stake in shares of Alibaba Group in the fourth quarter valued at about $38,000. 13.47% of the stock is owned by institutional investors.

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Alibaba Group Stock Performance

NYSE BABA opened at $107.22 on Friday. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.28 and a quick ratio of 1.28. The firm has a market capitalization of $257.23 billion, a price-to-earnings ratio of 17.61, a P/E/G ratio of 1.84 and a beta of 0.47. The company’s fifty day moving average is $129.11 and its two-hundred day moving average is $142.46. Alibaba Group Holding Limited has a 52-week low of $103.71 and a 52-week high of $192.67.

Alibaba Group (NYSE:BABAGet Free Report) last posted its quarterly earnings data on Tuesday, March 31st. The specialty retailer reported $0.01 earnings per share (EPS) for the quarter. The company had revenue of $35.30 billion for the quarter. Alibaba Group had a net margin of 10.31% and a return on equity of 4.76%. Equities research analysts forecast that Alibaba Group Holding Limited will post 6.75 EPS for the current year.

Alibaba Group Dividend Announcement

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

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on BABA shares. Susquehanna lifted their price objective on Alibaba Group from $170.00 to $185.00 and gave the stock a “positive” rating in a research note on Friday, May 15th. DZ Bank downgraded Alibaba Group from a “buy” rating to a “hold” rating and set a $135.00 target price for the company. in a research note on Friday, March 20th. Wall Street Zen raised Alibaba Group from a “sell” rating to a “hold” rating in a report on Saturday, May 23rd. Jefferies Financial Group dropped their price target on Alibaba Group from $225.00 to $212.00 and set a “buy” rating on the stock in a research report on Thursday, March 19th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Alibaba Group in a research report on Wednesday, May 27th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, Alibaba Group currently has an average rating of “Moderate Buy” and an average price target of $188.76.

Read Our Latest Research Report on Alibaba Group

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.

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Institutional Ownership by Quarter for Alibaba Group (NYSE:BABA)

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