CreativeOne Wealth LLC Acquires New Holdings in JD.com, Inc. (NASDAQ:JD)

CreativeOne Wealth LLC bought a new position in shares of JD.com, Inc. (NASDAQ:JD - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 25,921 shares of the information services provider's stock, valued at approximately $899,000.

Other large investors have also added to or reduced their stakes in the company. FMR LLC increased its stake in shares of JD.com by 86.2% during the fourth quarter. FMR LLC now owns 28,447,641 shares of the information services provider's stock worth $986,280,000 after purchasing an additional 13,170,649 shares during the period. Appaloosa LP grew its holdings in 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 buying an additional 3,165,885 shares in the last quarter. Norges Bank bought a new position in JD.com during the 4th quarter worth $70,130,000. Robeco Institutional Asset Management B.V. lifted its holdings in shares of 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 worth $114,886,000 after buying an additional 1,440,418 shares in the last quarter. Finally, ANTIPODES PARTNERS Ltd bought a new stake in shares of JD.com in the fourth quarter valued at about $47,948,000. Institutional investors own 15.98% of the company's stock.

JD.com Price Performance

NASDAQ JD traded up $0.41 during trading on Wednesday, hitting $34.08. 10,062,987 shares of the company's stock were exchanged, compared to its average volume of 14,185,406. The stock's 50 day moving average price is $39.80 and its two-hundred day moving average price is $38.75. JD.com, Inc. has a fifty-two week low of $24.13 and a fifty-two 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 company has a market cap of $53.75 billion, a PE ratio of 10.78, a P/E/G ratio of 0.31 and a beta of 0.53.

JD.com Increases Dividend

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

Analyst Upgrades and Downgrades

JD has been the subject of several analyst reports. Benchmark lifted their price objective on shares of JD.com from $47.00 to $58.00 and gave the stock a "buy" rating in a research note on Friday, March 7th. JPMorgan Chase & Co. raised their target price on shares of JD.com from $50.00 to $55.00 and gave the stock an "overweight" rating in a report on Friday, March 7th. Sanford C. Bernstein reissued an "outperform" rating on shares of JD.com in a research report on Friday, March 7th. Barclays raised their price objective on JD.com from $50.00 to $55.00 and gave the stock an "overweight" rating in a research note on Friday, February 28th. Finally, Bank of America cut their target price on JD.com from $51.00 to $48.00 and set a "buy" rating for the company in a research report on Wednesday, April 16th. Two investment 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. Based on data from MarketBeat.com, JD.com has a consensus 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.