SIH Partners LLLP Cuts Stock Position in JD.com, Inc. (NASDAQ:JD)

SIH Partners LLLP reduced its position in shares of JD.com, Inc. (NASDAQ:JD - Free Report) by 30.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 108,962 shares of the information services provider's stock after selling 46,838 shares during the period. JD.com makes up approximately 0.2% of SIH Partners LLLP's investment portfolio, making the stock its 29th biggest position. SIH Partners LLLP's holdings in JD.com were worth $3,778,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. FMR LLC raised its holdings in JD.com by 86.2% during the fourth quarter. FMR LLC now owns 28,447,641 shares of the information services provider's stock worth $986,280,000 after buying an additional 13,170,649 shares during the last quarter. Appaloosa LP lifted its position 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 valued at $362,852,000 after acquiring an additional 3,165,885 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its stake in JD.com by 76.9% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 3,313,700 shares of the information services provider's stock valued at $114,886,000 after purchasing an additional 1,440,418 shares during the last quarter. North of South Capital LLP increased its holdings in JD.com by 48.2% during the 4th quarter. North of South Capital LLP now owns 2,899,808 shares of the information services provider's stock worth $100,536,000 after purchasing an additional 942,629 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of JD.com by 46.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,432,970 shares of the information services provider's stock worth $84,351,000 after purchasing an additional 771,613 shares during the last quarter. Institutional investors and hedge funds own 15.98% of the company's stock.

JD.com Price Performance

NASDAQ JD traded down $1.09 during trading on Thursday, reaching $32.47. The company's stock had a trading volume of 25,219,166 shares, compared to its average volume of 14,292,061. The firm has a fifty day moving average of $39.47 and a 200 day moving average of $38.61. JD.com, Inc. has a one year low of $24.13 and a one year high of $47.82. The stock has a market capitalization of $51.21 billion, a PE ratio of 10.28, a P/E/G ratio of 0.31 and a beta of 0.53. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.17 and a quick ratio of 0.90.

JD.com Increases Dividend

The business also recently announced an annual dividend, which will be paid on Tuesday, April 29th. Investors of record on Tuesday, April 8th will be paid a $0.76 dividend. This is an increase from JD.com's previous annual dividend of $0.74. This represents a yield of 1.7%. The ex-dividend date is Tuesday, April 8th. JD.com's dividend payout ratio (DPR) is currently 26.13%.

Analyst Ratings Changes

A number of equities analysts have issued reports on JD shares. Benchmark lifted their price objective on shares of JD.com from $47.00 to $58.00 and gave the stock a "buy" rating in a report on Friday, March 7th. Mizuho increased their price target on JD.com from $43.00 to $50.00 and gave the company an "outperform" rating in a research report on Friday, March 7th. Dbs Bank raised JD.com to a "strong-buy" rating in a research report on Wednesday, February 12th. 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 research note on Friday, March 7th. Finally, StockNews.com cut 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, eleven have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, JD.com presently has a consensus rating of "Moderate Buy" and an average price target of $48.25.

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.