Hhlr Advisors LTD. Has $197.86 Million Stock Position in JD.com, Inc. $JD

Key Points

• Hhlr Advisors LTD. significantly increased its investment in JD.com, holding $197.86 million and acquiring an additional 3.12 million shares, making JD.com 5.7% of their portfolio.
• JD.com shares have fluctuated between a 52-week low of $25.61 and a high of $47.82, with an opening price of $31.07 on Monday and a current market cap of $43.39 billion.
• Recent analyst ratings show a split opinion on JD.com, with one Strong Buy, nine Buy, four Hold, and one Sell rating, alongside an average price target of $43.31.

Hhlr Advisors LTD. grew its holdings in shares of JD.com, Inc. (NASDAQ:JD - Free Report) by 184.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,811,700 shares of the information services provider's stock after acquiring an additional 3,121,700 shares during the period. JD.com comprises approximately 5.7% of Hhlr Advisors LTD.'s holdings, making the stock its 7th largest position. Hhlr Advisors LTD. owned about 0.31% of JD.com worth $197,857,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of JD. Cerity Partners LLC grew its holdings in JD.com by 33.1% during the first quarter. Cerity Partners LLC now owns 26,565 shares of the information services provider's stock valued at $1,092,000 after purchasing an additional 6,611 shares during the period. BI Asset Management Fondsmaeglerselskab A S purchased a new position in shares of JD.com in the first quarter valued at about $1,900,000. Temasek Holdings Private Ltd lifted its position in shares of JD.com by 18.4% in the fourth quarter. Temasek Holdings Private Ltd now owns 4,625,490 shares of the information services provider's stock valued at $160,366,000 after acquiring an additional 718,760 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. boosted its stake in shares of JD.com by 45.0% in the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 38,878 shares of the information services provider's stock worth $1,608,000 after acquiring an additional 12,071 shares during the period. Finally, Causeway Capital Management LLC grew its position in shares of JD.com by 18.9% during the first quarter. Causeway Capital Management LLC now owns 1,797,234 shares of the information services provider's stock worth $73,902,000 after purchasing an additional 286,142 shares in the last quarter. 15.98% of the stock is owned by institutional investors.

JD.com Trading Down 0.9%

Shares of JD.com stock traded down $0.27 on Thursday, hitting $30.93. 13,200,977 shares of the company traded hands, compared to its average volume of 12,412,355. The company has a current ratio of 1.22, a quick ratio of 0.90 and a debt-to-equity ratio of 0.19. The company has a market cap of $43.20 billion, a PE ratio of 8.69, a PEG ratio of 3.53 and a beta of 0.36. The stock's 50 day moving average price is $31.99 and its 200-day moving average price is $35.05. JD.com, Inc. has a 52 week low of $25.61 and a 52 week high of $47.82.

Analyst Ratings Changes

A number of research analysts recently commented on JD shares. Arete Research cut JD.com from a "hold" rating to a "strong sell" rating in a report on Friday, August 1st. Arete cut shares of JD.com from a "buy" rating to a "neutral" rating and set a $45.00 price target on the stock. in a research note on Tuesday, June 24th. Citigroup began coverage on shares of JD.com in a report on Monday, August 11th. They set a "buy" rating and a $42.00 price objective for the company. Mizuho reduced their target price on JD.com from $50.00 to $48.00 and set an "outperform" rating on the stock in a report on Wednesday, May 14th. Finally, Morgan Stanley dropped their price target on JD.com from $39.00 to $28.00 and set an "equal weight" rating for the company in a research note on Thursday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, JD.com presently has a consensus rating of "Moderate Buy" and an average target price of $43.31.

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.