D Orazio & Associates Inc. Makes New $217,000 Investment in JD.com, Inc. (NASDAQ:JD)

D Orazio & Associates Inc. acquired a new position in shares of JD.com, Inc. (NASDAQ:JD - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 6,265 shares of the information services provider's stock, valued at approximately $217,000.

Several other hedge funds also recently modified their holdings of JD. Nisa Investment Advisors LLC boosted its stake in shares of JD.com by 71.5% in the fourth quarter. Nisa Investment Advisors LLC now owns 1,000 shares of the information services provider's stock valued at $35,000 after buying an additional 417 shares during the period. Huntington National Bank grew its holdings in shares of JD.com by 32.1% during the 3rd quarter. Huntington National Bank now owns 1,861 shares of the information services provider's stock worth $74,000 after purchasing an additional 452 shares in the last quarter. SRN Advisors LLC increased its position in shares of JD.com by 1.6% in the third quarter. SRN Advisors LLC now owns 32,200 shares of the information services provider's stock worth $1,288,000 after purchasing an additional 516 shares during the period. Crossmark Global Holdings Inc. lifted its position 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 worth $3,487,000 after purchasing an additional 597 shares during the period. Finally, Richardson Financial Services Inc. acquired a new position in shares of JD.com in the 4th quarter valued at approximately $27,000. Institutional investors own 15.98% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on JD shares. Loop Capital upgraded JD.com from a "hold" rating to a "buy" rating and dropped their target price for the company from $49.00 to $48.00 in a research report on Monday, October 21st. Sanford C. Bernstein upgraded shares of JD.com from a "market perform" rating to an "outperform" rating and lifted their target price for the stock from $43.00 to $46.00 in a research report on Monday, December 9th. StockNews.com lowered shares of JD.com from a "strong-buy" rating to a "buy" rating in a report on Tuesday. Barclays increased their price objective on JD.com from $40.00 to $50.00 and gave the company an "overweight" rating in a report on Wednesday, October 16th. Finally, Citigroup reduced their price target on JD.com from $52.00 to $51.00 and set a "buy" rating on the stock in a research report on Friday, November 15th. Two analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $41.36.

JD.com Stock Performance

JD stock traded down $1.49 during mid-day trading on Wednesday, hitting $39.31. The company had a trading volume of 19,184,517 shares, compared to its average volume of 10,842,286. JD.com, Inc. has a 12 month low of $21.18 and a 12 month high of $47.82. The stock's fifty day moving average price is $37.49 and its two-hundred day moving average price is $34.99. The firm has a market cap of $62.00 billion, a PE ratio of 12.44, a price-to-earnings-growth ratio of 0.30 and a beta of 0.40. 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 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.