JD.com, Inc. $JD Shares Bought by Robeco Institutional Asset Management B.V.

Key Points

• Robeco Institutional Asset Management B.V. has increased its stake in JD.com by 6.4%, now holding over 4 million shares valued at approximately $132 million.
• Several institutional investors have significantly boosted their holdings in JD.com, with increases of up to 184.7% reported by some firms in the first quarter.
• Wall Street analysts have mixed views on JD.com, with price targets ranging from $37.00 to $58.00, indicating a general consensus of a "Moderate Buy" rating.

Robeco Institutional Asset Management B.V. lifted its position in JD.com, Inc. (NASDAQ:JD - Free Report) by 6.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,044,773 shares of the information services provider's stock after acquiring an additional 243,104 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.29% of JD.com worth $132,021,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in JD. Hhlr Advisors LTD. increased its position in shares of JD.com by 184.7% in the first quarter. Hhlr Advisors LTD. now owns 4,811,700 shares of the information services provider's stock worth $197,857,000 after acquiring an additional 3,121,700 shares in the last quarter. Voya Investment Management LLC increased its position in shares of JD.com by 63.8% in the first quarter. Voya Investment Management LLC now owns 5,181,775 shares of the information services provider's stock worth $213,075,000 after acquiring an additional 2,018,675 shares in the last quarter. Federated Hermes Inc. boosted its holdings in shares of JD.com by 61.9% during the first quarter. Federated Hermes Inc. now owns 4,374,070 shares of the information services provider's stock worth $179,862,000 after purchasing an additional 1,671,839 shares during the period. ANTIPODES PARTNERS Ltd boosted its holdings in shares of JD.com by 112.8% during the first quarter. ANTIPODES PARTNERS Ltd now owns 2,942,624 shares of the information services provider's stock worth $121,010,000 after purchasing an additional 1,559,749 shares during the period. Finally, Dodge & Cox boosted its holdings in shares of JD.com by 8.0% during the first quarter. Dodge & Cox now owns 18,062,949 shares of the information services provider's stock worth $742,748,000 after purchasing an additional 1,339,508 shares during the period. 15.98% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently commented on JD. Bank of America decreased their price target on shares of JD.com from $44.00 to $37.00 and set a "buy" rating for the company in a report on Monday, July 14th. UBS Group reduced their target price on shares of JD.com from $58.00 to $50.00 and set a "buy" rating for the company in a research note on Thursday, July 10th. Arete Research set a $41.00 price target on shares of JD.com in a research report on Friday, September 26th. Zacks Research raised shares of JD.com from a "strong sell" rating to a "hold" rating in a research report on Monday, September 8th. Finally, Arete raised shares of JD.com from a "sell" rating to a "buy" rating and set a $41.00 price target on the stock in a report on Friday, September 26th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, JD.com currently has a consensus rating of "Moderate Buy" and a consensus target price of $42.86.

JD.com Trading Up 3.4%

NASDAQ:JD opened at $36.17 on Thursday. JD.com, Inc. has a twelve month low of $29.90 and a twelve month high of $47.82. 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 business has a 50 day moving average price of $32.65 and a two-hundred day moving average price of $34.06. The company has a market cap of $51.81 billion, a P/E ratio of 10.16, a price-to-earnings-growth ratio of 3.95 and a beta of 0.39.

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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