JD.com, Inc. (NASDAQ:JD) Stock Holdings Raised by CoreCap Advisors LLC

CoreCap Advisors LLC increased its position in shares of JD.com, Inc. (NASDAQ:JD - Free Report) by 188,579.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 45,283 shares of the information services provider's stock after acquiring an additional 45,259 shares during the quarter. CoreCap Advisors LLC's holdings in JD.com were worth $1,570,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. KBC Group NV boosted its holdings in shares of JD.com by 213.4% in the 4th quarter. KBC Group NV now owns 356,019 shares of the information services provider's stock valued at $12,343,000 after purchasing an additional 242,409 shares during the last quarter. Appaloosa LP boosted its holdings in shares of 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 purchasing an additional 3,165,885 shares during the last quarter. Van ECK Associates Corp boosted its holdings in shares of JD.com by 20.4% in the 4th quarter. Van ECK Associates Corp now owns 393,597 shares of the information services provider's stock valued at $13,646,000 after purchasing an additional 66,693 shares during the last quarter. Alberta Investment Management Corp boosted its holdings in shares of JD.com by 25.4% in the 4th quarter. Alberta Investment Management Corp now owns 504,519 shares of the information services provider's stock valued at $17,492,000 after purchasing an additional 102,326 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. boosted its holdings in shares of JD.com by 76.9% in 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. Institutional investors and hedge funds own 15.98% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Bank of America decreased their price target on shares of JD.com from $51.00 to $48.00 and set a "buy" rating on the stock in a report on Wednesday, April 16th. Benchmark lifted their target price on shares of JD.com from $47.00 to $58.00 and gave the company a "buy" rating in a report on Friday, March 7th. StockNews.com lowered shares of JD.com from a "strong-buy" rating to a "buy" rating in a report on Tuesday, February 11th. JPMorgan Chase & Co. lifted their target price 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. Finally, Mizuho lifted their target price 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. Two analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $49.27.

JD.com Stock Down 0.8%

JD.com stock traded down $0.26 during midday trading on Friday, hitting $33.86. 6,674,442 shares of the stock were exchanged, compared to its average volume of 14,261,445. JD.com, Inc. has a 1 year low of $24.13 and a 1 year high of $47.82. The firm has a market cap of $53.40 billion, a P/E ratio of 10.72, a P/E/G ratio of 0.31 and a beta of 0.56. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.17 and a quick ratio of 0.90. The company has a 50 day moving average price of $37.84 and a two-hundred day moving average price of $37.98.

JD.com Increases Dividend

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

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.