Douglass Winthrop Advisors LLC lowered its position in shares of JD.com, Inc. (NASDAQ:JD - Free Report) by 50.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,600 shares of the information services provider's stock after selling 10,630 shares during the quarter. Douglass Winthrop Advisors LLC's holdings in JD.com were worth $368,000 at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of JD. HUB Investment Partners LLC raised its holdings in shares of JD.com by 2.7% during the fourth quarter. HUB Investment Partners LLC now owns 45,342 shares of the information services provider's stock worth $1,572,000 after purchasing an additional 1,203 shares during the period. Contrarius Group Holdings Ltd acquired a new stake in JD.com during the fourth quarter worth about $35,841,000. Tejara Capital Ltd bought a new position in JD.com in the fourth quarter worth about $998,000. Signaturefd LLC boosted its stake in JD.com by 6.9% in the fourth quarter. Signaturefd LLC now owns 14,403 shares of the information services provider's stock valued at $499,000 after acquiring an additional 928 shares during the period. Finally, Corient Private Wealth LLC grew its holdings in shares of JD.com by 13.2% during the fourth quarter. Corient Private Wealth LLC now owns 10,377 shares of the information services provider's stock valued at $360,000 after purchasing an additional 1,211 shares during the last quarter. Institutional investors own 15.98% of the company's stock.
Analysts Set New Price Targets
Several brokerages recently issued reports on JD. Dbs Bank raised JD.com to a "strong-buy" rating in a report on Wednesday, February 12th. StockNews.com downgraded shares of JD.com from a "strong-buy" rating to a "buy" rating in a report on Tuesday, February 11th. JPMorgan Chase & Co. increased their price objective on shares of JD.com from $50.00 to $55.00 and gave the stock an "overweight" rating in a report on Friday, March 7th. Mizuho boosted their target price on shares of JD.com from $43.00 to $50.00 and gave the company an "outperform" rating in a research note on Friday, March 7th. Finally, UBS Group set a $51.00 price target on shares of JD.com in a research note on Friday, March 7th. Two research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, JD.com currently has an average rating of "Moderate Buy" and an average price target of $45.64.
Check Out Our Latest Report on JD.com
JD.com Price Performance
NASDAQ JD traded down $1.10 on Tuesday, reaching $41.47. 11,432,168 shares of the stock traded hands, compared to its average volume of 13,554,973. JD.com, Inc. has a 12 month low of $24.13 and a 12 month high of $47.82. The company has a market cap of $65.40 billion, a price-to-earnings ratio of 13.12, a P/E/G ratio of 0.31 and a beta of 0.43. The firm's fifty day simple moving average is $40.92 and its 200 day simple moving average is $38.21. The company has a quick ratio of 0.90, a current ratio of 1.17 and a debt-to-equity ratio of 0.18.
JD.com Increases Dividend
The firm also recently declared an annual dividend, which will be paid on Tuesday, April 29th. Shareholders of record on Tuesday, April 8th will be given 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 yield of 1.7%. JD.com's payout ratio is 26.13%.
JD.com Company Profile
(
Free Report)
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.
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