Eschler Asset Management LLP Has $447,000 Stock Position in JD.com, Inc. (NASDAQ:JD)

Eschler Asset Management LLP cut its holdings in shares of JD.com, Inc. (NASDAQ:JD - Free Report) by 38.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,900 shares of the information services provider's stock after selling 7,939 shares during the period. JD.com comprises approximately 1.1% of Eschler Asset Management LLP's holdings, making the stock its 27th largest holding. Eschler Asset Management LLP's holdings in JD.com were worth $447,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of JD. Rhumbline Advisers boosted its position in JD.com by 1.7% in the 4th quarter. Rhumbline Advisers now owns 16,186 shares of the information services provider's stock valued at $561,000 after buying an additional 265 shares during the last quarter. Quintet Private Bank Europe S.A. boosted its position in JD.com by 4.5% in the 4th quarter. Quintet Private Bank Europe S.A. now owns 7,813 shares of the information services provider's stock valued at $271,000 after buying an additional 334 shares during the last quarter. Nisa Investment Advisors LLC lifted its stake in shares of JD.com by 71.5% in the 4th quarter. Nisa Investment Advisors LLC now owns 1,000 shares of the information services provider's stock valued at $35,000 after purchasing an additional 417 shares during the period. Sequoia Financial Advisors LLC lifted its stake in shares of JD.com by 4.5% in the 4th quarter. Sequoia Financial Advisors LLC now owns 10,192 shares of the information services provider's stock valued at $353,000 after purchasing an additional 436 shares during the period. Finally, Crossmark Global Holdings Inc. lifted its stake in shares of JD.com by 0.6% in the 4th quarter. Crossmark Global Holdings Inc. now owns 100,589 shares of the information services provider's stock valued at $3,487,000 after purchasing an additional 597 shares during the period. 15.98% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

JD has been the topic of a number of analyst reports. Dbs Bank raised JD.com to a "strong-buy" rating in a research note on Wednesday, February 12th. Mizuho increased their price target on JD.com from $43.00 to $50.00 and gave the company an "outperform" rating in a research note on Friday, March 7th. Bank of America cut their price target on JD.com from $51.00 to $48.00 and set a "buy" rating on the stock in a research note on Wednesday, April 16th. Benchmark increased their price target on JD.com from $47.00 to $58.00 and gave the company a "buy" rating in a research note on Friday, March 7th. Finally, UBS Group set a $51.00 price target on JD.com in a research note on Friday, March 7th. Two analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $49.27.

JD.com Stock Down 0.8%

Shares of JD traded down $0.26 during midday trading on Friday, hitting $33.86. The stock had a trading volume of 6,674,442 shares, compared to its average volume of 14,261,445. The company has a 50 day simple moving average of $37.84 and a two-hundred day simple moving average of $37.98. JD.com, Inc. has a twelve month low of $24.13 and a twelve month high of $47.82. The firm has a market cap of $53.40 billion, a price-to-earnings ratio of 10.72, a price-to-earnings-growth 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.

JD.com Increases Dividend

The company also recently declared an annual dividend, which was paid on Tuesday, April 29th. Shareholders of record on Tuesday, April 8th were paid a $0.76 dividend. 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 dividend yield of 1.7%. JD.com's dividend payout ratio (DPR) is currently 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.