JD.com, Inc. (NASDAQ:JD) Shares Bought by Sei Investments Co.

Sei Investments Co. raised its position in shares of JD.com, Inc. (NASDAQ:JD - Free Report) by 144.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 89,378 shares of the information services provider's stock after buying an additional 52,843 shares during the quarter. Sei Investments Co.'s holdings in JD.com were worth $3,099,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Richardson Financial Services Inc. purchased a new position in JD.com in the fourth quarter worth about $27,000. Brooklyn Investment Group bought a new stake in shares of JD.com in the 4th quarter valued at approximately $34,000. Nisa Investment Advisors LLC boosted its holdings in shares of JD.com by 71.5% in the 4th quarter. Nisa Investment Advisors LLC now owns 1,000 shares of the information services provider's stock worth $35,000 after purchasing an additional 417 shares during the period. Modus Advisors LLC bought a new position in shares of JD.com during the 4th quarter valued at approximately $41,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in JD.com during the 3rd quarter valued at $49,000. Institutional investors own 15.98% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on JD shares. Benchmark boosted their price objective on shares of JD.com from $47.00 to $58.00 and gave the company a "buy" rating in a research report on Friday, March 7th. StockNews.com downgraded shares of JD.com from a "strong-buy" rating to a "buy" rating in a report on Tuesday, February 11th. Barclays raised their price objective on shares of JD.com from $50.00 to $55.00 and gave the stock an "overweight" rating in a research note on Friday, February 28th. Dbs Bank raised JD.com to a "strong-buy" rating in a research note on Wednesday, February 12th. Finally, JPMorgan Chase & Co. increased their price target on JD.com from $50.00 to $55.00 and gave the stock an "overweight" rating in a report on Friday, March 7th. Two investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $46.62.

JD.com Stock Down 5.4 %

JD stock traded down $1.90 on Tuesday, hitting $33.02. 26,451,632 shares of the company's stock were exchanged, compared to its average volume of 13,860,372. The firm has a 50 day moving average price of $40.92 and a two-hundred day moving average price of $39.05. JD.com, Inc. has a 12-month low of $24.13 and a 12-month high of $47.82. The stock has a market cap of $52.08 billion, a P/E ratio of 10.45, a price-to-earnings-growth ratio of 0.31 and a beta of 0.53. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.90 and a current ratio of 1.17.

JD.com Increases Dividend

The business 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 dividend of $0.76 per share. The ex-dividend date is Tuesday, April 8th. This represents a dividend yield of 1.7%. This is an increase from JD.com's previous annual dividend of $0.74. JD.com's dividend payout ratio is 26.13%.

JD.com 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.