SG Americas Securities LLC Has $7.27 Million Stock Position in JD.com, Inc. (NASDAQ:JD)

SG Americas Securities LLC boosted its holdings in shares of JD.com, Inc. (NASDAQ:JD - Free Report) by 122.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 209,759 shares of the information services provider's stock after buying an additional 115,504 shares during the period. SG Americas Securities LLC's holdings in JD.com were worth $7,272,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Two Sigma Advisers LP grew its position in JD.com by 329.9% in the third quarter. Two Sigma Advisers LP now owns 6,306,700 shares of the information services provider's stock worth $252,268,000 after acquiring an additional 4,839,700 shares in the last quarter. FMR LLC increased its position in JD.com by 41.0% during the third quarter. FMR LLC now owns 15,276,992 shares of the information services provider's stock worth $611,080,000 after buying an additional 4,445,277 shares during the last quarter. National Bank of Canada FI raised its holdings in JD.com by 65,089.6% during the third quarter. National Bank of Canada FI now owns 2,214,492 shares of the information services provider's stock valued at $88,580,000 after buying an additional 2,211,095 shares in the last quarter. Point72 Asset Management L.P. raised its stake in shares of JD.com by 117.1% in the 3rd quarter. Point72 Asset Management L.P. now owns 4,033,900 shares of the information services provider's stock valued at $161,356,000 after acquiring an additional 2,175,568 shares in the last quarter. Finally, Point72 Hong Kong Ltd bought a new position in shares of JD.com in the third quarter valued at approximately $73,311,000. 15.98% of the stock is owned by hedge funds and other institutional investors.

JD.com Stock Up 5.2 %

Shares of JD stock traded up $2.02 during trading hours on Friday, hitting $40.72. 11,744,466 shares of the company were exchanged, compared to its average volume of 8,272,510. The company has a market capitalization of $64.22 billion, a PE ratio of 12.89, a PEG ratio of 0.29 and a beta of 0.39. JD.com, Inc. has a 52 week low of $21.18 and a 52 week high of $47.82. The business has a 50 day moving average of $36.35 and a two-hundred day moving average of $33.72. The company has a current ratio of 1.17, a quick ratio of 0.90 and a debt-to-equity ratio of 0.18.

Analysts Set New Price Targets

Several research analysts have commented on the company. StockNews.com raised JD.com from a "buy" rating to a "strong-buy" rating in a research report on Thursday. Sanford C. Bernstein upgraded shares of JD.com from a "market perform" rating to an "outperform" rating and upped their target price for the company from $43.00 to $46.00 in a research note on Monday, December 9th. Citigroup decreased their price target on shares of JD.com from $52.00 to $51.00 and set a "buy" rating on the stock in a research report on Friday, November 15th. Loop Capital raised shares of JD.com from a "hold" rating to a "buy" rating and cut their price objective for the company from $49.00 to $48.00 in a research report on Monday, October 21st. Finally, Benchmark restated a "buy" rating and set a $47.00 price target on shares of JD.com in a research note on Friday, November 15th. Two analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $41.36.

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.