Quantinno Capital Management LP Has $5.59 Million Position in JD.com, Inc. $JD

Key Points

• Quantinno Capital Management increased its JD.com holdings by 187.2% in the first quarter, ending with 189,079 shares valued at approximately $5.59 million. Institutional investors and hedge funds collectively own 15.98% of the company.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $36.42. Ratings include one Strong Buy, nine Buys, three Holds and one Sell.
• JD.com shares opened at $32.81, while the company reported quarterly revenue of $45.79 billion and earnings of $0.37 per share. Analysts expect full-year earnings of $2.78 per share.

Quantinno Capital Management LP grew its holdings in shares of JD.com, Inc. (NASDAQ:JD - Free Report) by 187.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 189,079 shares of the information services provider's stock after buying an additional 123,244 shares during the quarter. Quantinno Capital Management LP's holdings in JD.com were worth $5,591,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. Binnacle Investments Inc increased its position in shares of JD.com by 365.8% in the third quarter. Binnacle Investments Inc now owns 750 shares of the information services provider's stock valued at $26,000 after acquiring an additional 589 shares during the last quarter. Root Financial Partners LLC boosted its position in JD.com by 1,020.0% during the fourth quarter. Root Financial Partners LLC now owns 1,120 shares of the information services provider's stock valued at $32,000 after purchasing an additional 1,020 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its position in JD.com by 191.3% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,241 shares of the information services provider's stock valued at $36,000 after purchasing an additional 815 shares during the last quarter. EFG International AG bought a new position in JD.com in the fourth quarter valued at approximately $36,000. Finally, Inspire Investing LLC bought a new position in JD.com in the fourth quarter valued at approximately $38,000. 15.98% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on JD. Arete Research set a $37.00 price objective on JD.com in a research note on Friday, April 17th. Citigroup raised their target price on shares of JD.com from $35.00 to $36.00 and gave the company a "buy" rating in a research note on Tuesday, April 14th. Susquehanna boosted their target price on shares of JD.com from $30.00 to $35.00 and gave the stock a "neutral" rating in a report on Thursday, May 14th. Barclays cut their price target on shares of JD.com from $43.00 to $41.00 and set an "overweight" rating for the company in a research note on Wednesday, July 15th. Finally, Weiss Ratings raised shares of JD.com from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $36.42.

JD.com Stock Up 0.8%

JD.com stock opened at $32.81 on Friday. The company's 50-day moving average price is $28.87 and its two-hundred day moving average price is $28.97. The company has a quick ratio of 0.87, a current ratio of 1.18 and a debt-to-equity ratio of 0.22. The stock has a market cap of $40.96 billion, a P/E ratio of 25.63 and a beta of 0.38. JD.com, Inc. has a twelve month low of $24.51 and a twelve month high of $36.86.

JD.com (NASDAQ:JD - Get Free Report) last issued its quarterly earnings data on Tuesday, March 31st. The information services provider reported $0.37 earnings per share (EPS) for the quarter. JD.com had a return on equity of 5.90% and a net margin of 1.04%.The company had revenue of $45.79 billion during the quarter. As a group, analysts expect that JD.com, Inc. will post 2.78 EPS for the current year.

JD.com Profile

JD.com is a major Chinese e-commerce company that operates a comprehensive online retail platform selling a wide range of consumer goods, including electronics, appliances, apparel, groceries and everyday household items. The company combines direct retailing—purchasing inventory and selling products itself—with a marketplace for third-party merchants, offering consumers both self-operated and third-party choices. In addition to its core retail business, JD.com has expanded into adjacent services such as digital marketplaces for cross-border commerce, online pharmacy and healthcare services, and enterprise-facing cloud and technology solutions.

A distinctive feature of JD.com's business model is its integrated logistics and fulfillment network.

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