UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Decreases Stock Holdings in JD.com, Inc. (NASDAQ:JD)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lessened its position in JD.com, Inc. (NASDAQ:JD - Free Report) by 49.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,020 shares of the information services provider's stock after selling 12,632 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC's holdings in JD.com were worth $451,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in JD. FMR LLC lifted its position in JD.com by 86.2% during the 4th quarter. FMR LLC now owns 28,447,641 shares of the information services provider's stock worth $986,280,000 after buying an additional 13,170,649 shares in the last quarter. Appaloosa LP lifted its position in shares of JD.com by 43.4% in the fourth quarter. Appaloosa LP now owns 10,465,885 shares of the information services provider's stock valued at $362,852,000 after buying an additional 3,165,885 shares during the last quarter. Voya Investment Management LLC acquired a new position in shares of JD.com during the 4th quarter worth approximately $109,665,000. Aspex Management HK Ltd acquired a new position in shares of JD.com in the fourth quarter valued at $93,562,000. Finally, Norges Bank acquired a new stake in shares of JD.com during the 4th quarter worth about $70,130,000. Institutional investors and hedge funds own 15.98% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on JD shares. Macquarie reaffirmed a "neutral" rating and set a $35.00 target price on shares of JD.com in a report on Wednesday, April 23rd. JPMorgan Chase & Co. dropped their price objective on JD.com from $48.00 to $42.00 and set an "overweight" rating for the company in a report on Tuesday, May 27th. Benchmark reduced 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. Susquehanna cut their price target on shares of JD.com from $45.00 to $40.00 and set a "neutral" rating for the company in a report on Thursday, May 15th. Finally, Morgan Stanley set a $39.00 price objective on shares of JD.com in a research note on Tuesday, May 13th. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $46.33.

JD.com Stock Down 0.4%

JD traded down $0.12 during midday trading on Thursday, hitting $33.61. The company had a trading volume of 5,251,469 shares, compared to its average volume of 13,983,287. The company has a quick ratio of 0.90, a current ratio of 1.17 and a debt-to-equity ratio of 0.18. The stock's 50 day moving average price is $33.99 and its 200 day moving average price is $37.30. The company has a market capitalization of $53.01 billion, a price-to-earnings ratio of 10.64, a PEG ratio of 0.31 and a beta of 0.48. JD.com, Inc. has a 52 week low of $24.13 and a 52 week high of $47.82.

JD.com Company 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.