Natixis Advisors LLC Sells 11,975 Shares of JD.com, Inc. (NASDAQ:JD)

Natixis Advisors LLC decreased its holdings in shares of JD.com, Inc. (NASDAQ:JD - Free Report) by 10.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 99,378 shares of the information services provider's stock after selling 11,975 shares during the period. Natixis Advisors LLC's holdings in JD.com were worth $3,445,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. FMR LLC increased its stake in shares of JD.com by 41.0% in the third quarter. FMR LLC now owns 15,276,992 shares of the information services provider's stock worth $611,080,000 after purchasing an additional 4,445,277 shares in the last quarter. Appaloosa LP increased its stake in JD.com by 43.4% in the 4th quarter. Appaloosa LP now owns 10,465,885 shares of the information services provider's stock worth $362,852,000 after buying an additional 3,165,885 shares in the last quarter. Two Sigma Advisers LP raised its holdings in JD.com by 329.9% during the third quarter. Two Sigma Advisers LP now owns 6,306,700 shares of the information services provider's stock valued at $252,268,000 after acquiring an additional 4,839,700 shares during the period. Fisher Asset Management LLC lifted its position in shares of JD.com by 9.0% in the third quarter. Fisher Asset Management LLC now owns 4,072,599 shares of the information services provider's stock valued at $162,904,000 after acquiring an additional 336,740 shares in the last quarter. Finally, Point72 Asset Management L.P. boosted its stake in shares of JD.com by 117.1% in the third quarter. Point72 Asset Management L.P. now owns 4,033,900 shares of the information services provider's stock worth $161,356,000 after acquiring an additional 2,175,568 shares during the period. 15.98% of the stock is currently owned by hedge funds and other institutional investors.

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Analysts Set New Price Targets

Several brokerages recently issued reports on JD. UBS Group set a $51.00 target price on JD.com in a research note on Friday, March 7th. Barclays lifted their price objective 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. JPMorgan Chase & Co. upped their target price on shares of JD.com from $50.00 to $55.00 and gave the stock an "overweight" rating in a research report on Friday, March 7th. Benchmark lifted their price target on shares of JD.com from $47.00 to $58.00 and gave the company a "buy" rating in a report on Friday, March 7th. Finally, StockNews.com downgraded shares of JD.com from a "strong-buy" rating to a "buy" rating in a report on Tuesday, February 11th. Two 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 company. According to MarketBeat, JD.com has an average rating of "Moderate Buy" and a consensus price target of $45.64.

JD.com Trading Down 2.6 %

Shares of NASDAQ:JD traded down $1.10 during trading on Tuesday, hitting $41.47. The company had a trading volume of 11,432,168 shares, compared to its average volume of 13,563,626. The stock has a market cap of $65.40 billion, a price-to-earnings ratio of 13.12, a price-to-earnings-growth ratio of 0.31 and a beta of 0.43. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.17 and a quick ratio of 0.90. The company has a fifty day simple moving average of $40.92 and a two-hundred day simple moving average of $38.21. JD.com, Inc. has a one year low of $24.13 and a one year high of $47.82.

JD.com Increases Dividend

The company also recently disclosed an annual dividend, which will be paid on Tuesday, April 29th. Shareholders of record on Tuesday, April 8th will be paid a dividend of $0.76 per share. 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 is Tuesday, April 8th. JD.com's payout ratio is presently 26.13%.

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.