Capital International Investors Takes Position in JD.com, Inc. (NASDAQ:JD)

Capital International Investors bought a new stake in shares of JD.com, Inc. (NASDAQ:JD - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 783,529 shares of the information services provider's stock, valued at approximately $27,165,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. FMR LLC lifted its holdings in JD.com by 86.2% in the 4th quarter. FMR LLC now owns 28,447,641 shares of the information services provider's stock valued at $986,280,000 after acquiring an additional 13,170,649 shares during the last quarter. Appaloosa LP lifted 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 valued at $362,852,000 after purchasing an additional 3,165,885 shares during the last quarter. Robeco Institutional Asset Management B.V. lifted its stake in JD.com by 76.9% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 3,313,700 shares of the information services provider's stock valued at $114,886,000 after purchasing an additional 1,440,418 shares during the last quarter. North of South Capital LLP grew its position in JD.com by 48.2% in the fourth quarter. North of South Capital LLP now owns 2,899,808 shares of the information services provider's stock worth $100,536,000 after buying an additional 942,629 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of JD.com by 46.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,432,970 shares of the information services provider's stock valued at $84,351,000 after buying an additional 771,613 shares in the last quarter. 15.98% of the stock is currently owned by institutional investors.

JD.com Stock Down 3.2 %

Shares of JD.com stock traded down $1.09 on Thursday, hitting $32.47. 25,219,166 shares of the company traded hands, compared to its average volume of 14,292,814. The company has a quick ratio of 0.90, a current ratio of 1.17 and a debt-to-equity ratio of 0.18. JD.com, Inc. has a 12-month low of $24.13 and a 12-month high of $47.82. The company has a 50-day moving average price of $39.64 and a 200 day moving average price of $38.71. The company has a market cap of $51.21 billion, a PE ratio of 10.28, a PEG ratio of 0.31 and a beta of 0.53.

JD.com Increases Dividend

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

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Dbs Bank raised JD.com to a "strong-buy" rating in a research note on Wednesday, February 12th. Mizuho increased their price target on JD.com from $43.00 to $50.00 and gave the company an "outperform" rating in a research report on Friday, March 7th. Benchmark boosted their price objective on JD.com from $47.00 to $58.00 and gave the stock a "buy" rating in a report on Friday, March 7th. UBS Group set a $51.00 target price on shares of JD.com in a report on Friday, March 7th. Finally, Susquehanna restated a "neutral" rating and set a $45.00 price target (up previously from $35.00) on shares of JD.com in a report on Wednesday, March 12th. Two equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $48.25.

JD.com 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.