Quantbot Technologies LP Cuts Position in JD.com, Inc. (NASDAQ:JD)

Quantbot Technologies LP lessened its holdings in shares of JD.com, Inc. (NASDAQ:JD - Free Report) by 65.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,786 shares of the information services provider's stock after selling 37,969 shares during the quarter. Quantbot Technologies LP's holdings in JD.com were worth $686,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of JD. Richardson Financial Services Inc. bought a new position in shares of JD.com in the fourth quarter valued at approximately $27,000. Brooklyn Investment Group bought a new position in shares of JD.com in the fourth quarter valued at approximately $34,000. Nisa Investment Advisors LLC grew its position in JD.com by 71.5% during the fourth quarter. Nisa Investment Advisors LLC now owns 1,000 shares of the information services provider's stock worth $35,000 after buying an additional 417 shares in the last quarter. Modus Advisors LLC purchased a new stake in shares of JD.com during the 4th quarter valued at $41,000. Finally, Farther Finance Advisors LLC boosted 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 worth $45,000 after purchasing an additional 684 shares in the last quarter. Institutional investors and hedge funds own 15.98% of the company's stock.

JD.com Trading Down 1.3 %

Shares of NASDAQ:JD traded down $0.53 on Monday, hitting $41.05. The company had a trading volume of 4,324,325 shares, compared to its average volume of 13,625,060. The firm's 50-day simple moving average is $41.25 and its two-hundred day simple moving average is $38.54. The firm has a market capitalization of $64.75 billion, a price-to-earnings ratio of 12.98, a P/E/G ratio of 0.31 and a beta of 0.43. 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, Inc. has a 1 year low of $24.13 and a 1 year high of $47.82.

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JD.com Increases Dividend

The company also recently announced an annual dividend, which will be paid on Tuesday, April 29th. Stockholders 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 represents a dividend yield of 1.7%. This is a positive change from JD.com's previous annual dividend of $0.74. JD.com's dividend payout ratio is currently 26.13%.

Analyst Ratings Changes

Several analysts have issued reports on the company. Mizuho upped their target price on JD.com from $43.00 to $50.00 and gave the stock an "outperform" rating in a research note on Friday, March 7th. Susquehanna reaffirmed a "neutral" rating and set a $45.00 target price (up previously from $35.00) on shares of JD.com in a report on Wednesday, March 12th. Dbs Bank upgraded shares of JD.com to a "strong-buy" rating in a research report on Wednesday, February 12th. Benchmark boosted their target price on JD.com from $47.00 to $58.00 and gave the company a "buy" rating in a research note on Friday, March 7th. Finally, Sanford C. Bernstein reaffirmed an "outperform" rating on shares of JD.com in a research note on Friday, March 7th. Two equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, JD.com presently has a consensus rating of "Moderate Buy" and a consensus price target of $45.64.

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.