Boston Partners Decreases Position in JD.com, Inc. (NASDAQ:JD)

Boston Partners trimmed its stake in JD.com, Inc. (NASDAQ:JD - Free Report) by 77.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 101,598 shares of the information services provider's stock after selling 351,967 shares during the period. Boston Partners' holdings in JD.com were worth $3,522,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. FMR LLC lifted its position in shares of JD.com by 41.0% in the 3rd quarter. FMR LLC now owns 15,276,992 shares of the information services provider's stock worth $611,080,000 after purchasing an additional 4,445,277 shares during the period. Appaloosa LP raised its stake in JD.com by 43.4% during the fourth quarter. Appaloosa LP now owns 10,465,885 shares of the information services provider's stock worth $362,852,000 after buying an additional 3,165,885 shares during the last quarter. Two Sigma Advisers LP lifted its holdings in JD.com by 329.9% in the third quarter. Two Sigma Advisers LP now owns 6,306,700 shares of the information services provider's stock valued at $252,268,000 after buying an additional 4,839,700 shares during the period. Fisher Asset Management LLC boosted its position in JD.com by 9.0% during the third quarter. Fisher Asset Management LLC now owns 4,072,599 shares of the information services provider's stock valued at $162,904,000 after acquiring an additional 336,740 shares during the last quarter. Finally, Point72 Asset Management L.P. grew its holdings in JD.com by 117.1% during the 3rd quarter. Point72 Asset Management L.P. now owns 4,033,900 shares of the information services provider's stock worth $161,356,000 after acquiring an additional 2,175,568 shares during the period. 15.98% of the stock is currently owned by institutional investors and hedge funds.

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Analysts Set New Price Targets

Several brokerages have issued reports on JD. StockNews.com lowered JD.com from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, February 11th. Mizuho raised their target price on JD.com from $43.00 to $50.00 and gave the company an "outperform" rating in a research note on Friday, March 7th. UBS Group set a $51.00 price target on JD.com in a research note on Friday, March 7th. Dbs Bank raised JD.com to a "strong-buy" rating in a research note on Wednesday, February 12th. Finally, Sanford C. Bernstein reaffirmed an "outperform" rating on shares of JD.com in a research report on Friday, March 7th. Two investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $45.64.

JD.com Stock Up 0.7 %

Shares of JD traded up $0.31 during trading hours on Wednesday, reaching $41.78. 9,344,119 shares of the stock traded hands, compared to its average volume of 13,278,482. JD.com, Inc. has a 52 week low of $24.13 and a 52 week high of $47.82. The company has a current ratio of 1.17, a quick ratio of 0.90 and a debt-to-equity ratio of 0.18. The stock has a fifty day simple moving average of $40.92 and a 200 day simple moving average of $38.21. The company has a market cap of $65.89 billion, a price-to-earnings ratio of 13.22, a PEG ratio of 0.31 and a beta of 0.43.

JD.com Increases Dividend

The firm also recently declared an annual dividend, which will be paid on Tuesday, April 29th. Investors of record on Tuesday, April 8th will be given a dividend of $0.76 per share. This represents a dividend yield of 1.7%. This is an increase from JD.com's previous annual dividend of $0.74. The ex-dividend date is Tuesday, April 8th. JD.com's dividend payout ratio (DPR) is presently 26.13%.

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.