JD.com, Inc. (NASDAQ:JD) Shares Bought by Fmr LLC

FMR LLC raised its stake in shares of JD.com, Inc. (NASDAQ:JD - Free Report) by 86.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 28,447,641 shares of the information services provider's stock after purchasing an additional 13,170,649 shares during the period. FMR LLC owned 1.80% of JD.com worth $986,280,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Appaloosa LP grew its holdings in shares of JD.com by 43.4% during the 4th quarter. Appaloosa LP now owns 10,465,885 shares of the information services provider's stock worth $362,852,000 after purchasing an additional 3,165,885 shares during the period. Robeco Institutional Asset Management B.V. grew its stake in 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 during the period. North of South Capital LLP increased its position in shares of JD.com by 48.2% in the fourth quarter. North of South Capital LLP now owns 2,899,808 shares of the information services provider's stock worth $100,536,000 after acquiring an additional 942,629 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake 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 acquiring an additional 771,613 shares during the period. Finally, Norges Bank acquired a new position in shares of JD.com during the 4th quarter valued at $70,130,000. Hedge funds and other institutional investors own 15.98% of the company's stock.

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JD.com Stock Performance

JD.com stock traded up $0.84 during midday trading on Friday, reaching $36.42. 22,637,267 shares of the stock traded hands, compared to its average volume of 14,055,470. The firm has a fifty day moving average price of $40.48 and a two-hundred day moving average price of $39.10. JD.com, Inc. has a fifty-two week low of $24.13 and a fifty-two week high of $47.82. The firm has a market cap of $57.44 billion, a price-to-earnings ratio of 11.53, a PEG ratio of 0.31 and a beta of 0.53. The company has a current ratio of 1.17, a quick ratio of 0.90 and a debt-to-equity ratio of 0.18.

JD.com Increases Dividend

The firm also recently disclosed 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 represents a yield of 1.7%. This is a positive change from JD.com's previous annual dividend of $0.74. The ex-dividend date of this dividend is Tuesday, April 8th. JD.com's dividend payout ratio is 26.13%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on JD shares. StockNews.com lowered JD.com from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, February 11th. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of JD.com in a report on Friday, March 7th. JPMorgan Chase & Co. lifted their price target on shares of JD.com from $50.00 to $55.00 and gave the stock an "overweight" rating in a research note on Friday, March 7th. Dbs Bank raised shares of JD.com to a "strong-buy" rating in a research report on Wednesday, February 12th. Finally, Mizuho lifted their target price 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 assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $46.62.

About JD.com

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.