Banco Bilbao Vizcaya Argentaria S.A. Has $1.61 Million Stake in JD.com, Inc. $JD

Key Points

• Banco Bilbao Vizcaya Argentaria S.A. increased its stock position in JD.com by 45.0% during the first quarter, owning 38,878 shares valued at approximately $1.6 million.
• Other institutional investors have also adjusted their stakes in JD.com, with Invesco and CoreView Capital significantly increasing their holdings.
• JD.com has received mixed ratings from analysts, with a consensus rating of "Moderate Buy" and an average price target of $43.31.

Banco Bilbao Vizcaya Argentaria S.A. increased its stake in shares of JD.com, Inc. (NASDAQ:JD - Free Report) by 45.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 38,878 shares of the information services provider's stock after acquiring an additional 12,071 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in JD.com were worth $1,608,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Hexagon Capital Partners LLC purchased a new position in shares of JD.com in the first quarter valued at approximately $25,000. N.E.W. Advisory Services LLC acquired a new stake in JD.com during the first quarter worth $32,000. GeoWealth Management LLC grew its stake in shares of JD.com by 129.1% in the fourth quarter. GeoWealth Management LLC now owns 1,393 shares of the information services provider's stock valued at $48,000 after buying an additional 785 shares in the last quarter. Wayfinding Financial LLC acquired a new stake in shares of JD.com in the first quarter valued at $56,000. Finally, Farther Finance Advisors LLC grew its stake in shares of JD.com by 23.7% in the first quarter. Farther Finance Advisors LLC now owns 1,605 shares of the information services provider's stock valued at $66,000 after buying an additional 308 shares in the last quarter. Hedge funds and other institutional investors own 15.98% of the company's stock.

JD.com Price Performance

JD.com stock traded up $0.11 during mid-day trading on Monday, hitting $31.99. The company's stock had a trading volume of 9,964,717 shares, compared to its average volume of 9,679,162. The company has a quick ratio of 0.90, a current ratio of 1.22 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $44.68 billion, a P/E ratio of 8.99, a P/E/G ratio of 3.62 and a beta of 0.46. JD.com, Inc. has a twelve month low of $25.24 and a twelve month high of $47.82. The stock's fifty day moving average price is $32.16 and its two-hundred day moving average price is $35.44.

Analysts Set New Price Targets

Several research firms have recently weighed in on JD. Citigroup assumed coverage on JD.com in a report on Monday, August 11th. They issued a "buy" rating and a $42.00 target price for the company. Wall Street Zen lowered JD.com from a "buy" rating to a "hold" rating in a research note on Friday, May 30th. JPMorgan Chase & Co. reduced their price target on JD.com from $48.00 to $42.00 and set an "overweight" rating on the stock in a research note on Tuesday, May 27th. Bank of America dropped their price objective on JD.com from $44.00 to $37.00 and set a "buy" rating for the company in a report on Monday, July 14th. Finally, Arete Research downgraded JD.com from a "hold" rating to a "strong sell" rating in a report on Friday, August 1st. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $43.31.

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.