Maple Rock Capital Partners Inc. Has $143.09 Million Stock Holdings in JD.com, Inc. (NASDAQ:JD)

Maple Rock Capital Partners Inc. raised its position in JD.com, Inc. (NASDAQ:JD - Free Report) by 5.9% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,577,138 shares of the information services provider's stock after purchasing an additional 200,200 shares during the period. JD.com makes up about 4.0% of Maple Rock Capital Partners Inc.'s investment portfolio, making the stock its 3rd biggest holding. Maple Rock Capital Partners Inc. owned about 0.23% of JD.com worth $143,086,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Atlas Capital Advisors LLC bought a new stake in shares of JD.com during the second quarter worth $28,000. Huntington National Bank increased its position in shares of JD.com by 32.1% during the third quarter. Huntington National Bank now owns 1,861 shares of the information services provider's stock worth $74,000 after acquiring an additional 452 shares in the last quarter. Transamerica Financial Advisors Inc. bought a new stake in shares of JD.com during the third quarter worth $103,000. Allspring Global Investments Holdings LLC increased its position in shares of JD.com by 58.4% during the third quarter. Allspring Global Investments Holdings LLC now owns 2,990 shares of the information services provider's stock worth $120,000 after acquiring an additional 1,102 shares in the last quarter. Finally, Blue Trust Inc. increased its position in shares of JD.com by 295.7% during the third quarter. Blue Trust Inc. now owns 3,158 shares of the information services provider's stock worth $126,000 after acquiring an additional 2,360 shares in the last quarter. Institutional investors own 15.98% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently commented on JD. Sanford C. Bernstein reduced their target price on shares of JD.com from $35.00 to $32.00 and set a "market perform" rating for the company in a report on Friday, August 16th. Loop Capital upgraded shares of JD.com from a "hold" rating to a "buy" rating and reduced their target price for the stock from $49.00 to $48.00 in a report on Monday, October 21st. Susquehanna restated a "neutral" rating and set a $28.00 target price on shares of JD.com in a report on Monday, August 19th. Benchmark restated a "buy" rating and set a $47.00 target price on shares of JD.com in a report on Friday, November 15th. Finally, JPMorgan Chase & Co. increased their target price on shares of JD.com from $40.00 to $50.00 and gave the stock an "overweight" rating in a report on Wednesday, October 16th. Three analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, JD.com has a consensus rating of "Moderate Buy" and a consensus price target of $40.36.

JD.com Stock Performance

Shares of JD traded down $1.37 during trading hours on Wednesday, hitting $35.73. The company had a trading volume of 13,999,884 shares, compared to its average volume of 14,720,166. JD.com, Inc. has a 12 month low of $20.82 and a 12 month high of $47.82. The firm has a market cap of $56.35 billion, a price-to-earnings ratio of 11.26, a PEG ratio of 0.31 and a beta of 0.38. The business has a fifty day moving average of $39.34 and a 200-day moving average of $31.80. 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 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.