Cetera Investment Advisers Buys 9,482 Shares of JD.com, Inc. (NASDAQ:JD)

Cetera Investment Advisers boosted its position in JD.com, Inc. (NASDAQ:JD - Free Report) by 18.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 60,634 shares of the information services provider's stock after buying an additional 9,482 shares during the quarter. Cetera Investment Advisers' holdings in JD.com were worth $2,102,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Richardson Financial Services Inc. bought a new position in JD.com in the fourth quarter valued at approximately $27,000. Brooklyn Investment Group bought a new position in JD.com in the fourth quarter valued at approximately $34,000. Nisa Investment Advisors LLC grew its stake in JD.com by 71.5% in the fourth 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 in the last quarter. Farther Finance Advisors LLC grew its stake in JD.com by 111.6% in the fourth quarter. Farther Finance Advisors LLC now owns 1,297 shares of the information services provider's stock valued at $45,000 after purchasing an additional 684 shares in the last quarter. Finally, GeoWealth Management LLC grew its stake in 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 purchasing an additional 785 shares in the last quarter. Institutional investors and hedge funds own 15.98% of the company's stock.

JD.com Price Performance

Shares of NASDAQ:JD traded down $0.34 during trading on Friday, reaching $33.35. 6,522,300 shares of the company traded hands, compared to its average volume of 14,058,599. 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, Inc. has a 52 week low of $24.13 and a 52 week high of $47.82. The firm has a market capitalization of $52.60 billion, a PE ratio of 10.55, a PEG ratio of 0.31 and a beta of 0.56. The company's 50 day moving average is $36.22 and its two-hundred day moving average is $37.59.

JD.com Increases Dividend

The company also recently announced an annual dividend, which was paid on Tuesday, April 29th. Shareholders of record on Tuesday, April 8th were issued a $0.76 dividend. This represents a yield of 1.7%. The ex-dividend date was Tuesday, April 8th. This is a boost from JD.com's previous annual dividend of $0.74. JD.com's dividend payout ratio is presently 23.84%.

Analysts Set New Price Targets

JD has been the topic of a number of recent analyst reports. Barclays boosted their target price on JD.com from $50.00 to $55.00 and gave the stock an "overweight" rating in a report on Friday, February 28th. JPMorgan Chase & Co. boosted their price target on JD.com from $50.00 to $55.00 and gave the company an "overweight" rating in a research note on Friday, March 7th. Citigroup restated a "buy" rating and issued a $51.00 price target (down from $56.00) on shares of JD.com in a research note on Monday, April 28th. Macquarie restated a "neutral" rating and issued a $35.00 price target on shares of JD.com in a research note on Wednesday, April 23rd. Finally, Susquehanna reduced their price target on JD.com from $45.00 to $40.00 and set a "neutral" rating for the company in a research note on Thursday, May 15th. Two analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $47.42.

JD.com 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.