Generali Investments CEE investicni spolecnost a.s. Invests $4.11 Million in JD.com, Inc. (NASDAQ:JD)

Generali Investments CEE investicni spolecnost a.s. acquired a new stake in shares of JD.com, Inc. (NASDAQ:JD - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 118,500 shares of the information services provider's stock, valued at approximately $4,108,000.

A number of other large investors have also recently added to or reduced their stakes in JD. Raymond James Financial Inc. acquired a new position in shares of JD.com in the 4th quarter valued at about $2,363,000. Aigen Investment Management LP boosted its holdings in shares of JD.com by 315.5% in the 4th quarter. Aigen Investment Management LP now owns 33,129 shares of the information services provider's stock valued at $1,149,000 after buying an additional 25,155 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of JD.com by 46.4% in the 4th 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 during the period. Steward Partners Investment Advisory LLC boosted its holdings in shares of JD.com by 91.6% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 2,156 shares of the information services provider's stock valued at $75,000 after buying an additional 1,031 shares during the period. Finally, Schechter Investment Advisors LLC acquired a new position in shares of JD.com in the 4th quarter valued at about $205,000. 15.98% of the stock is currently owned by institutional investors.

JD.com Price Performance

Shares of NASDAQ JD traded down $1.63 during midday trading on Friday, reaching $42.29. The company's stock had a trading volume of 22,216,256 shares, compared to its average volume of 13,567,632. 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 50 day moving average price of $38.99 and a 200 day moving average price of $36.78. JD.com, Inc. has a one year low of $23.78 and a one year high of $47.82. The company has a market cap of $66.70 billion, a price-to-earnings ratio of 13.38, a price-to-earnings-growth ratio of 0.31 and a beta of 0.43.

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JD.com Increases Dividend

The firm also recently announced 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. 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 payout ratio is presently 19.73%.

Analysts Set New Price Targets

Several research firms have recently commented on JD. Sanford C. Bernstein raised shares of JD.com from a "market perform" rating to an "outperform" rating and lifted their price target for the company from $43.00 to $46.00 in a report on Monday, December 9th. Barclays lifted their price objective on shares of JD.com from $50.00 to $55.00 and gave the company an "overweight" rating in a research report on Friday, February 28th. StockNews.com downgraded shares of JD.com from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, February 11th. Mizuho lifted their price objective on shares of JD.com from $43.00 to $50.00 and gave the company an "outperform" rating in a research report on Friday. Finally, JPMorgan Chase & Co. lifted their price objective on shares of JD.com from $50.00 to $55.00 and gave the company an "overweight" rating in a research report on Friday. Two research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, JD.com has a consensus rating of "Moderate Buy" and a consensus price target of $43.92.

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.