10,676 Shares in JD.com, Inc. (NASDAQ:JD) Purchased by Three Seasons Wealth LLC

Three Seasons Wealth LLC purchased a new stake in shares of JD.com, Inc. (NASDAQ:JD - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 10,676 shares of the information services provider's stock, valued at approximately $370,000.

A number of other large investors have also made changes to their positions in the company. FMR LLC raised its position in shares of JD.com by 86.2% during the 4th quarter. FMR LLC now owns 28,447,641 shares of the information services provider's stock valued at $986,280,000 after purchasing an additional 13,170,649 shares during the period. Appaloosa LP raised its position in shares of JD.com by 43.4% during the 4th 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 period. Robeco Institutional Asset Management B.V. raised its position in shares of 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 period. Voya Investment Management LLC bought a new stake in shares of JD.com during the 4th quarter valued at $109,665,000. Finally, North of South Capital LLP raised its position in shares of 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 valued at $100,536,000 after purchasing an additional 942,629 shares during the period. 15.98% of the stock is currently owned by institutional investors.

JD.com Price Performance

Shares of NASDAQ:JD traded up $0.17 on Monday, reaching $32.70. The company's stock had a trading volume of 14,215,650 shares, compared to its average volume of 14,273,674. JD.com, Inc. has a 52-week low of $24.13 and a 52-week high of $47.82. The company has a market cap of $51.57 billion, a P/E ratio of 10.35, a PEG ratio of 0.31 and a beta of 0.53. The company has a 50-day simple moving average of $39.34 and a 200 day simple moving average of $38.47. 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 company also recently declared an annual dividend, which will be paid on Tuesday, April 29th. Investors of record on Tuesday, April 8th will be paid a dividend of $0.76 per share. The ex-dividend date is Tuesday, April 8th. This is a boost from JD.com's previous annual dividend of $0.74. This represents a dividend yield of 1.7%. JD.com's payout ratio is currently 26.13%.

Wall Street Analyst Weigh In

JD has been the topic of several recent analyst reports. Barclays raised their price objective on shares of JD.com from $50.00 to $55.00 and gave the company an "overweight" rating in a research report on Friday, February 28th. Dbs Bank upgraded shares of JD.com to a "strong-buy" rating in a report on Wednesday, February 12th. JPMorgan Chase & Co. lifted their price target on shares of JD.com from $50.00 to $55.00 and gave the company an "overweight" rating in a report on Friday, March 7th. Mizuho lifted their price target on shares of JD.com from $43.00 to $50.00 and gave the company an "outperform" rating in a report on Friday, March 7th. Finally, UBS Group set a $51.00 price target on shares of JD.com in a report on Friday, March 7th. Two equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, JD.com currently has a consensus rating of "Moderate Buy" and an average price target of $49.27.

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.