Teachers Retirement System of The State of Kentucky Has $13.71 Million Position in JD.com, Inc. (NASDAQ:JD)

Teachers Retirement System of The State of Kentucky lifted its position in shares of JD.com, Inc. (NASDAQ:JD - Free Report) by 7.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 395,500 shares of the information services provider's stock after purchasing an additional 26,400 shares during the period. Teachers Retirement System of The State of Kentucky's holdings in JD.com were worth $13,712,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in JD. FMR LLC lifted its position in shares of 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 purchasing an additional 13,170,649 shares during the last quarter. Appaloosa LP grew its holdings in shares of JD.com by 43.4% during the fourth quarter. Appaloosa LP now owns 10,465,885 shares of the information services provider's stock valued at $362,852,000 after purchasing an additional 3,165,885 shares during the last quarter. Robeco Institutional Asset Management B.V. grew 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 worth $114,886,000 after buying an additional 1,440,418 shares during the last quarter. North of South Capital LLP increased its holdings in shares of JD.com by 48.2% in 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 acquiring an additional 942,629 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings in JD.com by 46.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,432,970 shares of the information services provider's stock worth $84,351,000 after buying an additional 771,613 shares in the last quarter. 15.98% of the stock is currently owned by hedge funds and other institutional investors.

JD.com Stock Down 3.2 %

JD.com stock traded down $1.09 during mid-day trading on Thursday, hitting $32.47. The company's stock had a trading volume of 25,219,166 shares, compared to its average volume of 14,292,814. 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, Inc. has a 52-week low of $24.13 and a 52-week high of $47.82. The firm's 50 day moving average is $39.47 and its 200 day moving average is $38.61. The company has a market cap of $51.21 billion, a PE ratio of 10.28, a price-to-earnings-growth ratio of 0.31 and a beta of 0.53.

JD.com Increases Dividend

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

Analyst Ratings Changes

JD has been the subject of several recent analyst reports. StockNews.com cut shares of JD.com from a "strong-buy" rating to a "buy" rating in a report on Tuesday, February 11th. Susquehanna reiterated a "neutral" rating and issued a $45.00 target price (up from $35.00) on shares of JD.com in a report on Wednesday, March 12th. JPMorgan Chase & Co. raised their target price on shares of JD.com from $50.00 to $55.00 and gave the stock an "overweight" rating in a report on Friday, March 7th. Barclays lifted their price target on shares of JD.com from $50.00 to $55.00 and gave the stock an "overweight" rating in a research report on Friday, February 28th. Finally, UBS Group set a $51.00 price objective on JD.com in a research report on Friday, March 7th. Two investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, JD.com presently has an average rating of "Moderate Buy" and an average target price of $48.25.

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.