O Shaughnessy Asset Management LLC increased its stake in JD.com, Inc. (NASDAQ:JD - Free Report) by 41.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 293,745 shares of the information services provider's stock after acquiring an additional 85,454 shares during the period. O Shaughnessy Asset Management LLC's holdings in JD.com were worth $10,184,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Richardson Financial Services Inc. acquired a new stake in shares of JD.com in the 4th quarter valued at $27,000. Brooklyn Investment Group acquired a new stake in JD.com during the fourth quarter worth approximately $34,000. Nisa Investment Advisors LLC lifted its position in JD.com by 71.5% in the fourth quarter. Nisa Investment Advisors LLC now owns 1,000 shares of the information services provider's stock valued at $35,000 after acquiring an additional 417 shares during the last quarter. Modus Advisors LLC purchased a new position in JD.com during the 4th quarter worth approximately $41,000. Finally, Farther Finance Advisors LLC increased its holdings in shares of JD.com by 111.6% in the 4th quarter. Farther Finance Advisors LLC now owns 1,297 shares of the information services provider's stock valued at $45,000 after acquiring an additional 684 shares during the period. 15.98% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of research firms have recently issued reports on JD. Barclays boosted their target price on JD.com from $50.00 to $55.00 and gave the company an "overweight" rating in a report on Friday, February 28th. UBS Group set a $51.00 price objective on shares of JD.com in a research note on Friday, March 7th. Sanford C. Bernstein restated an "outperform" rating on shares of JD.com in a research report on Friday, March 7th. Benchmark boosted their price objective on shares of JD.com from $47.00 to $58.00 and gave the stock a "buy" rating in a research report on Friday, March 7th. Finally, StockNews.com downgraded JD.com from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, February 11th. Two investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, JD.com has an average rating of "Moderate Buy" and an average target price of $45.64.
Read Our Latest Report on JD
JD.com Trading Down 2.9 %
Shares of JD stock traded down $1.19 on Thursday, reaching $39.90. 10,962,724 shares of the stock were exchanged, compared to its average volume of 13,602,540. JD.com, Inc. has a 1-year low of $24.13 and a 1-year high of $47.82. The stock has a market cap of $62.93 billion, a P/E ratio of 12.63, a price-to-earnings-growth ratio of 0.31 and a beta of 0.53. The company has a quick ratio of 0.90, a current ratio of 1.17 and a debt-to-equity ratio of 0.18. The firm has a 50 day moving average of $41.39 and a two-hundred day moving average of $38.77.
JD.com Increases Dividend
The company also recently disclosed an annual dividend, which will be paid on Tuesday, April 29th. Stockholders of record on Tuesday, April 8th will be issued a $0.76 dividend. This represents a dividend yield of 1.7%. This is an increase 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 (DPR) is 26.13%.
JD.com 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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