JD.com, Inc. (NASDAQ:JD) Shares Sold by Schroder Investment Management Group

Schroder Investment Management Group decreased its stake in shares of JD.com, Inc. (NASDAQ:JD - Free Report) by 1.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,448,561 shares of the information services provider's stock after selling 79,752 shares during the quarter. Schroder Investment Management Group owned about 0.35% of JD.com worth $186,668,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Cerity Partners LLC boosted its stake in shares of JD.com by 9.4% during the 3rd quarter. Cerity Partners LLC now owns 18,466 shares of the information services provider's stock worth $739,000 after acquiring an additional 1,586 shares in the last quarter. D.A. Davidson & CO. acquired a new position in JD.com in the third quarter valued at about $290,000. Financial Counselors Inc. acquired a new stake in JD.com in the 3rd quarter valued at approximately $290,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in JD.com by 280.8% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 25,652 shares of the information services provider's stock valued at $1,026,000 after purchasing an additional 18,916 shares during the period. Finally, Rockefeller Capital Management L.P. lifted its stake in JD.com by 24.3% during the third quarter. Rockefeller Capital Management L.P. now owns 21,295 shares of the information services provider's stock worth $851,000 after purchasing an additional 4,157 shares in the last quarter. Hedge funds and other institutional investors own 15.98% of the company's stock.

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JD.com Stock Down 0.6 %

Shares of NASDAQ JD traded down $0.23 during mid-day trading on Wednesday, reaching $41.09. The company had a trading volume of 6,193,656 shares, compared to its average volume of 12,871,110. JD.com, Inc. has a 52-week low of $24.13 and a 52-week high of $47.82. The stock has a market cap of $64.80 billion, a P/E ratio of 13.00, a PEG ratio of 0.31 and a beta of 0.43. 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 firm has a 50 day simple moving average of $41.35 and a two-hundred day simple moving average of $38.75.

JD.com Increases Dividend

The firm also recently announced an annual dividend, which will be paid on Tuesday, April 29th. Stockholders of record on Tuesday, April 8th will be given a dividend of $0.76 per share. The ex-dividend date of this dividend is Tuesday, April 8th. This is a positive change from JD.com's previous annual dividend of $0.74. This represents a dividend yield of 1.7%. JD.com's dividend payout ratio (DPR) is 26.13%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on JD. Dbs Bank upgraded JD.com to a "strong-buy" rating in a report on Wednesday, February 12th. StockNews.com cut shares of JD.com from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, February 11th. Susquehanna restated a "neutral" rating and issued a $45.00 price objective (up previously from $35.00) on shares of JD.com in a report on Wednesday, March 12th. Barclays raised their price target 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. Finally, Mizuho upped their price objective on JD.com from $43.00 to $50.00 and gave the stock an "outperform" rating in a research report on Friday, March 7th. Two investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, JD.com presently has a consensus rating of "Moderate Buy" and an average price target of $45.64.

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.