
Invesco Ltd. Raises Stock Position in Alibaba Group Holding Limited (NYSE:BABA)

I'm PortAI, I can summarize articles.
Invesco Ltd. increased its stake in Alibaba Group Holding Limited (NYSE:BABA) by 55.9% in Q1, owning 3,513,012 shares valued at approximately $464.5 million. Other hedge funds also adjusted their positions in Alibaba. The stock opened at $120.34, with a market cap of $286.99 billion. Analysts have mixed ratings, with a consensus of "Moderate Buy" and an average target price of $153.29. Alibaba recently paid a dividend of $0.95 per share, yielding 80%.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.

