Barrow Hanley Mewhinney & Strauss LLC Sells 107,380 Shares of JD.com, Inc. (NASDAQ:JD)

Barrow Hanley Mewhinney & Strauss LLC reduced its position in JD.com, Inc. (NASDAQ:JD - Free Report) by 3.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 3,244,360 shares of the information services provider's stock after selling 107,380 shares during the period. Barrow Hanley Mewhinney & Strauss LLC owned 0.21% of JD.com worth $112,482,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Rhumbline Advisers lifted its holdings in JD.com by 1.7% in the fourth 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 period. Quintet Private Bank Europe S.A. raised its position in shares of JD.com by 4.5% during 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 acquiring 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 boosted its position 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 worth $353,000 after purchasing an additional 436 shares during the last quarter. Finally, Crossmark Global Holdings Inc. boosted its position 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 worth $3,487,000 after purchasing an additional 597 shares during the last quarter. Institutional investors own 15.98% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on JD shares. Mizuho dropped their price objective on JD.com from $50.00 to $48.00 and set an "outperform" rating for the company in a report on Wednesday, May 14th. Morgan Stanley set a $39.00 price target on JD.com in a research note on Tuesday, May 13th. Wall Street Zen downgraded shares of JD.com from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, February 11th. Dbs Bank upgraded shares of JD.com to a "strong-buy" rating in a report on Wednesday, February 12th. Finally, JPMorgan Chase & Co. upped their target price on shares of JD.com from $50.00 to $55.00 and gave the company an "overweight" rating in a research note on Friday, March 7th. Two research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $47.42.

JD.com Trading Up 0.1%

Shares of NASDAQ:JD opened at $33.69 on Friday. The firm has a market cap of $53.13 billion, a price-to-earnings ratio of 10.66, a PEG ratio of 0.31 and a beta of 0.56. JD.com, Inc. has a 12 month low of $24.13 and a 12 month high of $47.82. The company's fifty day simple moving average is $36.45 and its 200 day simple moving average is $37.65. The company has a quick ratio of 0.90, a current ratio of 1.17 and a debt-to-equity ratio of 0.18.

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 23.84%.

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.

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