JD.com, Inc. (NASDAQ:JD) Shares Acquired by Temasek Holdings Private Ltd

Temasek Holdings Private Ltd increased its stake in shares of JD.com, Inc. (NASDAQ:JD - Free Report) by 18.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,625,490 shares of the information services provider's stock after purchasing an additional 718,760 shares during the quarter. Temasek Holdings Private Ltd owned 0.29% of JD.com worth $160,366,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of JD. Richardson Financial Services Inc. purchased a new position in shares of JD.com during the 4th quarter worth approximately $27,000. Brooklyn Investment Group acquired a new position in JD.com during the fourth quarter worth $34,000. Nisa Investment Advisors LLC raised its position 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 worth $35,000 after acquiring an additional 417 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings 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 acquiring an additional 684 shares during the period. Finally, GeoWealth Management LLC boosted its position in shares of JD.com by 129.1% during the 4th quarter. GeoWealth Management LLC now owns 1,393 shares of the information services provider's stock worth $48,000 after purchasing an additional 785 shares in the last quarter. 15.98% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have weighed in on JD shares. Dbs Bank upgraded shares of JD.com to a "strong-buy" rating in a research report on Wednesday, February 12th. Macquarie reaffirmed a "neutral" rating and set a $35.00 price target on shares of JD.com in a research note on Wednesday, April 23rd. Benchmark lowered their price objective on shares of JD.com from $58.00 to $53.00 and set a "buy" rating on the stock in a research note on Wednesday, May 14th. Sanford C. Bernstein restated an "outperform" rating on shares of JD.com in a report on Friday, March 7th. Finally, JPMorgan Chase & Co. upped their price target on shares of JD.com from $50.00 to $55.00 and gave the company an "overweight" rating in a report on Friday, March 7th. Two analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $47.42.

JD.com Trading Down 0.7%

NASDAQ:JD traded down $0.24 on Friday, reaching $33.46. The stock had a trading volume of 3,641,589 shares, compared to its average volume of 14,091,456. JD.com, Inc. has a 12-month low of $24.13 and a 12-month high of $47.82. The company has a market cap of $52.76 billion, a price-to-earnings ratio of 10.59, a P/E/G ratio of 0.31 and a beta of 0.56. The firm's fifty day moving average is $36.45 and its two-hundred day moving average is $37.65. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.17 and a quick ratio of 0.90.

JD.com Increases Dividend

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

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.