5,908 Shares in JD.com, Inc. (NASDAQ:JD) Bought by Schechter Investment Advisors LLC

Schechter Investment Advisors LLC acquired a new position in shares of JD.com, Inc. (NASDAQ:JD - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 5,908 shares of the information services provider's stock, valued at approximately $205,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of JD. Rhumbline Advisers boosted its stake in JD.com by 1.7% during the 4th quarter. Rhumbline Advisers now owns 16,186 shares of the information services provider's stock valued at $561,000 after purchasing an additional 265 shares in the last quarter. Quintet Private Bank Europe S.A. boosted its position in shares of JD.com by 4.5% during the 4th quarter. Quintet Private Bank Europe S.A. now owns 7,813 shares of the information services provider's stock valued at $271,000 after purchasing an additional 334 shares in the last quarter. Nisa Investment Advisors LLC raised its holdings in shares of JD.com by 71.5% in the 4th quarter. Nisa Investment Advisors LLC now owns 1,000 shares of the information services provider's stock worth $35,000 after purchasing an additional 417 shares in the last quarter. Huntington National Bank lifted its stake in JD.com by 32.1% during the third quarter. Huntington National Bank now owns 1,861 shares of the information services provider's stock valued at $74,000 after purchasing an additional 452 shares during the last quarter. Finally, Crossmark Global Holdings Inc. lifted its stake in JD.com by 0.6% during the fourth quarter. Crossmark Global Holdings Inc. now owns 100,589 shares of the information services provider's stock valued at $3,487,000 after purchasing an additional 597 shares during the last quarter. 15.98% of the stock is currently owned by institutional investors and hedge funds.

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JD.com Stock Performance

JD traded down $1.65 on Monday, hitting $40.64. The company had a trading volume of 16,296,892 shares, compared to its average volume of 13,621,864. The stock has a market cap of $64.09 billion, a price-to-earnings ratio of 12.86, a price-to-earnings-growth ratio of 0.31 and a beta of 0.43. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.17 and a quick ratio of 0.90. The company's fifty day moving average price is $38.99 and its 200 day moving average price is $36.85. JD.com, Inc. has a 1-year low of $24.13 and a 1-year high of $47.82.

JD.com Increases Dividend

The firm also recently declared an annual dividend, which will be paid on Tuesday, April 29th. Stockholders of record on Tuesday, April 8th will be given a $0.76 dividend. This is an increase from JD.com's previous annual dividend of $0.74. This represents a dividend yield of 1.7%. The ex-dividend date of this dividend is Tuesday, April 8th. JD.com's dividend payout ratio (DPR) is currently 19.73%.

Analyst Upgrades and Downgrades

JD has been the subject of several research reports. Dbs Bank raised JD.com to a "strong-buy" rating in a research note on Wednesday, February 12th. JPMorgan Chase & Co. upped their price objective on shares of JD.com from $50.00 to $55.00 and gave the company an "overweight" rating in a research note on Friday. Barclays boosted their price target on shares of JD.com from $50.00 to $55.00 and gave the company an "overweight" rating in a report on Friday, February 28th. Mizuho boosted their target price on shares of JD.com from $43.00 to $50.00 and gave the company an "outperform" rating in a research note on Friday. Finally, Sanford C. Bernstein reiterated an "outperform" rating on shares of JD.com in a report on Friday. Two research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $44.43.

JD.com Company Profile

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.