UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $1.03 Million Stock Holdings in JD.com, Inc. (NASDAQ:JD)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in JD.com, Inc. (NASDAQ:JD - Free Report) by 280.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,652 shares of the information services provider's stock after purchasing an additional 18,916 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC's holdings in JD.com were worth $1,026,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of JD. FMR LLC increased its position in JD.com by 41.0% in the 3rd quarter. FMR LLC now owns 15,276,992 shares of the information services provider's stock worth $611,080,000 after buying an additional 4,445,277 shares during the period. WT Asset Management Ltd acquired a new stake in shares of JD.com in the third quarter worth $55,635,000. Robeco Institutional Asset Management B.V. increased its position in JD.com by 177.7% during the third quarter. Robeco Institutional Asset Management B.V. now owns 1,873,282 shares of the information services provider's stock worth $74,931,000 after acquiring an additional 1,198,753 shares during the period. Charles Schwab Investment Management Inc. raised its stake in JD.com by 155.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,661,357 shares of the information services provider's stock valued at $66,454,000 after purchasing an additional 1,010,736 shares during the last quarter. Finally, Veritas Asset Management LLP acquired a new stake in JD.com in the 3rd quarter worth $29,642,000. 15.98% of the stock is currently owned by institutional investors and hedge funds.

JD.com Stock Down 1.5 %

Shares of NASDAQ:JD traded down $0.53 during trading on Thursday, hitting $35.91. 7,322,653 shares of the company's stock traded hands, compared to its average volume of 14,569,456. The company has a 50-day moving average price of $38.34 and a 200-day moving average price of $32.30. JD.com, Inc. has a 52 week low of $20.82 and a 52 week high of $47.82. The company has a current ratio of 1.17, a quick ratio of 0.90 and a debt-to-equity ratio of 0.18. The company has a market cap of $56.63 billion, a price-to-earnings ratio of 11.36, a price-to-earnings-growth ratio of 0.31 and a beta of 0.38.

Analysts Set New Price Targets

JD has been the topic of a number of research reports. Loop Capital upgraded JD.com from a "hold" rating to a "buy" rating and lowered their price objective for the company from $49.00 to $48.00 in a research report on Monday, October 21st. Benchmark reaffirmed a "buy" rating and set a $47.00 price objective on shares of JD.com in a report on Friday, November 15th. Citigroup lowered their target price on shares of JD.com from $52.00 to $51.00 and set a "buy" rating on the stock in a research note on Friday, November 15th. Sanford C. Bernstein upgraded shares of JD.com from a "market perform" rating to an "outperform" rating and raised their price target for the stock from $43.00 to $46.00 in a research note on Monday, December 9th. Finally, Barclays upped their price objective on JD.com from $40.00 to $50.00 and gave the company an "overweight" rating in a research note on Wednesday, October 16th. Two analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $41.36.

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.