Grantham Mayo Van Otterloo & Co. LLC Has $29.37 Million Holdings in JD.com, Inc. (NASDAQ:JD)

Grantham Mayo Van Otterloo & Co. LLC lifted its position in shares of JD.com, Inc. (NASDAQ:JD - Free Report) by 131.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 847,176 shares of the information services provider's stock after purchasing an additional 480,546 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC owned approximately 0.05% of JD.com worth $29,372,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Richardson Financial Services Inc. acquired a new stake in JD.com during the fourth quarter valued at approximately $27,000. Brooklyn Investment Group bought a new position in shares of JD.com during the 4th quarter worth approximately $34,000. Nisa Investment Advisors LLC boosted its stake in JD.com by 71.5% in the 4th 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 in the last quarter. Modus Advisors LLC bought a new stake in JD.com in the fourth quarter valued at $41,000. Finally, Farther Finance Advisors LLC raised its stake in JD.com by 111.6% during the fourth quarter. Farther Finance Advisors LLC now owns 1,297 shares of the information services provider's stock worth $45,000 after acquiring an additional 684 shares in the last quarter. 15.98% of the stock is currently owned by institutional investors.

JD.com Trading Up 1.4 %

NASDAQ JD traded up $0.49 on Friday, reaching $36.07. The company had a trading volume of 12,607,569 shares, compared to its average volume of 13,992,396. JD.com, Inc. has a 52 week low of $24.13 and a 52 week high of $47.82. The stock's 50 day moving average is $40.57 and its 200-day moving average is $39.07. The company has a quick ratio of 0.90, a current ratio of 1.17 and a debt-to-equity ratio of 0.18. The stock has a market cap of $56.88 billion, a price-to-earnings ratio of 11.32, a PEG ratio of 0.31 and a beta of 0.53.

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JD.com Increases Dividend

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

Analysts Set New Price Targets

Several research firms have recently weighed in on JD. Barclays upped 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, February 28th. Susquehanna reaffirmed a "neutral" rating and set a $45.00 price objective (up from $35.00) on shares of JD.com in a research note on Wednesday, March 12th. Sanford C. Bernstein reiterated an "outperform" rating on shares of JD.com in a research note on Friday, March 7th. Benchmark increased their price target on JD.com from $47.00 to $58.00 and gave the stock a "buy" rating in a research report on Friday, March 7th. Finally, UBS Group set a $51.00 price objective on JD.com in a research report on Friday, March 7th. Two equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $46.62.

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.