55,400 Shares in JD.com, Inc. $JD Acquired by FNY Investment Advisers LLC

Key Points

• FNY Investment Advisers acquired 55,400 JD.com shares during the second quarter, worth approximately $1.41 million. Other institutional investors also increased their positions, with institutions and hedge funds collectively owning 15.98% of the company.
• JD.com reported quarterly revenue of $45.79 billion and earnings of $0.37 per share, while analysts expect full-year earnings of $2.78 per share.
• The stock was trading at $32.81, and Wall Street’s consensus rating was “Moderate Buy” with an average price target of $36.42.

FNY Investment Advisers LLC purchased a new stake in JD.com, Inc. (NASDAQ:JD - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 55,400 shares of the information services provider's stock, valued at approximately $1,411,000.

Several other institutional investors and hedge funds also recently made changes to their positions in JD. SIH Partners LLLP increased its position in shares of JD.com by 74.1% during the fourth quarter. SIH Partners LLLP now owns 4,991,448 shares of the information services provider's stock worth $143,255,000 after acquiring an additional 2,125,212 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its position in JD.com by 11.6% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 4,441,095 shares of the information services provider's stock valued at $127,459,000 after acquiring an additional 463,033 shares in the last quarter. SG Americas Securities LLC boosted its stake in JD.com by 139.0% in the 1st quarter. SG Americas Securities LLC now owns 4,334,816 shares of the information services provider's stock worth $128,181,000 after purchasing an additional 2,521,045 shares during the period. North of South Capital LLP boosted its stake in JD.com by 4.4% in the 4th quarter. North of South Capital LLP now owns 4,253,012 shares of the information services provider's stock worth $122,061,000 after purchasing an additional 180,081 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its holdings in JD.com by 15.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,250,324 shares of the information services provider's stock worth $121,984,000 after purchasing an additional 562,894 shares in the last quarter. Institutional investors and hedge funds own 15.98% of the company's stock.

JD.com Stock Up 0.8%

JD.com stock opened at $32.81 on Friday. The company has a current ratio of 1.18, a quick ratio of 0.87 and a debt-to-equity ratio of 0.22. JD.com, Inc. has a 1-year low of $24.51 and a 1-year high of $36.86. The company has a fifty day simple moving average of $28.87 and a 200 day simple moving average of $28.97. The company has a market cap of $40.96 billion, a P/E ratio of 25.63 and a beta of 0.38.

JD.com (NASDAQ:JD - Get Free Report) last issued its quarterly earnings results on Tuesday, March 31st. The information services provider reported $0.37 EPS for the quarter. JD.com had a net margin of 1.04% and a return on equity of 5.90%. The firm had revenue of $45.79 billion for the quarter. Research analysts anticipate that JD.com, Inc. will post 2.78 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

JD has been the topic of several recent research reports. Zacks Research raised JD.com from a "hold" rating to a "strong-buy" rating in a research note on Monday, July 13th. Morgan Stanley upped their price objective on JD.com from $25.00 to $27.00 and gave the stock an "underweight" rating in a research report on Wednesday, May 13th. Weiss Ratings upgraded JD.com from a "sell (d+)" rating to a "hold (c-)" rating in a report on Monday, July 13th. Barclays dropped their target price on JD.com from $43.00 to $41.00 and set an "overweight" rating on the stock in a research report on Wednesday, July 15th. Finally, Daiwa Securities Group restated a "hold" rating and issued a $27.00 target price on shares of JD.com in a research note on Tuesday, June 23rd. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $36.42.

JD.com Company Profile

JD.com is a major Chinese e-commerce company that operates a comprehensive online retail platform selling a wide range of consumer goods, including electronics, appliances, apparel, groceries and everyday household items. The company combines direct retailing—purchasing inventory and selling products itself—with a marketplace for third-party merchants, offering consumers both self-operated and third-party choices. In addition to its core retail business, JD.com has expanded into adjacent services such as digital marketplaces for cross-border commerce, online pharmacy and healthcare services, and enterprise-facing cloud and technology solutions.

A distinctive feature of JD.com's business model is its integrated logistics and fulfillment network.

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