492,926 Shares in JD.com, Inc. (NASDAQ:JD) Acquired by Symmetry Investments LP

Symmetry Investments LP purchased a new stake in JD.com, Inc. (NASDAQ:JD - Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 492,926 shares of the information services provider's stock, valued at approximately $17,090,000. JD.com comprises 0.9% of Symmetry Investments LP's investment portfolio, making the stock its 23rd biggest position.

Several other institutional investors also recently made changes to their positions in the stock. FMR LLC lifted its position in JD.com by 86.2% during the fourth quarter. FMR LLC now owns 28,447,641 shares of the information services provider's stock valued at $986,280,000 after buying an additional 13,170,649 shares in the last quarter. Appaloosa LP raised its stake in shares of JD.com by 43.4% in the 4th quarter. Appaloosa LP now owns 10,465,885 shares of the information services provider's stock valued at $362,852,000 after acquiring an additional 3,165,885 shares during the period. Norges Bank acquired a new position in shares of JD.com during the 4th quarter valued at $70,130,000. Robeco Institutional Asset Management B.V. boosted its position in JD.com by 76.9% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 3,313,700 shares of the information services provider's stock worth $114,886,000 after purchasing an additional 1,440,418 shares during the period. Finally, ANTIPODES PARTNERS Ltd acquired a new stake in JD.com in the 4th quarter valued at $47,948,000. 15.98% of the stock is owned by hedge funds and other institutional investors.

JD.com Price Performance

JD opened at $33.67 on Wednesday. The company has a market capitalization of $53.10 billion, a P/E ratio of 10.66, a PEG ratio of 0.31 and a beta of 0.53. The company has a 50-day moving average of $39.80 and a 200-day moving average of $38.75. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.90 and a current ratio of 1.17. JD.com, Inc. has a 1-year low of $24.13 and a 1-year high of $47.82.

JD.com Increases Dividend

The company also recently disclosed an annual dividend, which will be paid on Tuesday, April 29th. Shareholders of record on Tuesday, April 8th will be paid a dividend of $0.76 per share. The ex-dividend date of this dividend is Tuesday, April 8th. This represents a yield of 1.7%. This is a boost from JD.com's previous annual dividend of $0.74. JD.com's dividend payout ratio is presently 26.13%.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Dbs Bank upgraded JD.com to a "strong-buy" rating in a research note on Wednesday, February 12th. Barclays upped their price target on JD.com from $50.00 to $55.00 and gave the stock an "overweight" rating in a report on Friday, February 28th. UBS Group set a $51.00 price objective on shares of JD.com in a research note on Friday, March 7th. Mizuho boosted their target price on shares of JD.com from $43.00 to $50.00 and gave the stock an "outperform" rating in a research report on Friday, March 7th. Finally, Sanford C. Bernstein reaffirmed an "outperform" rating on shares of JD.com in a report on Friday, March 7th. One research analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, JD.com has a consensus rating of "Buy" and a consensus target price of $48.67.

About JD.com

JD.com, Inc operates as a supply chain-based technology and service provider in the People's Republic of China. The company offers computers, communication, and consumer electronics products, as well as home appliances; and general merchandise products comprising food, beverage and fresh produce, baby and maternity products, furniture and household goods, cosmetics and other personal care items, pharmaceutical and healthcare products, industrial products, books, automobile accessories, apparel and footwear, bags, and jewelry.

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