JD.com, Inc. (NASDAQ:JD) Shares Purchased by Warther Private Wealth LLC

Warther Private Wealth LLC lifted its stake in shares of JD.com, Inc. (NASDAQ:JD - Free Report) by 12.7% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 468,946 shares of the information services provider's stock after purchasing an additional 52,785 shares during the period. JD.com makes up about 6.3% of Warther Private Wealth LLC's holdings, making the stock its 7th biggest position. Warther Private Wealth LLC's holdings in JD.com were worth $19,283,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Farther Finance Advisors LLC lifted its stake in JD.com by 111.6% in the 4th quarter. Farther Finance Advisors LLC now owns 1,297 shares of the information services provider's stock worth $45,000 after acquiring an additional 684 shares in the last quarter. GeoWealth Management LLC lifted its position in shares of JD.com by 129.1% in the fourth 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. WASHINGTON TRUST Co acquired a new stake in shares of JD.com during the fourth quarter worth approximately $52,000. Allianz SE acquired a new position in JD.com in the 4th quarter valued at approximately $52,000. Finally, Union Bancaire Privee UBP SA purchased a new stake in JD.com in the 4th quarter worth approximately $66,000. 15.98% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on JD. Morgan Stanley set a $39.00 target price on shares of JD.com in a research note on Tuesday, May 13th. JPMorgan Chase & Co. cut their target price on JD.com from $48.00 to $42.00 and set an "overweight" rating on the stock in a report on Tuesday, May 27th. Sanford C. Bernstein reiterated an "outperform" rating on shares of JD.com in a research note on Friday, March 7th. Barclays raised their price objective on JD.com from $50.00 to $55.00 and gave the company an "overweight" rating in a research note on Friday, February 28th. Finally, Bank of America decreased their target price on JD.com from $51.00 to $48.00 and set a "buy" rating for the company in a research report on Wednesday, April 16th. Three research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $46.33.

JD.com Price Performance

Shares of NASDAQ JD traded down $0.67 during midday trading on Thursday, reaching $32.50. 9,951,822 shares of the company traded hands, compared to its average volume of 13,964,853. JD.com, Inc. has a 12 month low of $24.13 and a 12 month high of $47.82. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.92 and a current ratio of 1.26. The stock's 50-day simple moving average is $33.88 and its 200-day simple moving average is $37.19. The firm has a market cap of $51.26 billion, a PE ratio of 7.91, a PEG ratio of 1.12 and a beta of 0.48.

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.