Robeco Institutional Asset Management B.V. Buys 463,033 Shares of JD.com, Inc. $JD

Key Points

• Robeco Institutional Asset Management increased its JD.com stake by 11.6% in Q4, buying an additional 463,033 shares to hold 4,441,095 shares (about 0.31% of the company) valued at approximately $127.46 million.
• JD.com raised its annual dividend to $1.00 (up from $0.76) with a record date of April 9 and payment on April 29, and the company reported a dividend payout ratio of 55.68%.
• Wall Street’s consensus is a Moderate Buy with a $36.36 average target; shares recently traded near $28.93 and have a 52-week range of $24.51–$39.27 with a market cap of about $41.4 billion.

Robeco Institutional Asset Management B.V. lifted its stake in JD.com, Inc. (NASDAQ:JD - Free Report) by 11.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,441,095 shares of the information services provider's stock after acquiring an additional 463,033 shares during the period. Robeco Institutional Asset Management B.V. owned 0.31% of JD.com worth $127,459,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Binnacle Investments Inc increased its position in JD.com by 365.8% during the 3rd quarter. Binnacle Investments Inc now owns 750 shares of the information services provider's stock valued at $26,000 after buying an additional 589 shares in the last quarter. Stone House Investment Management LLC acquired a new position in JD.com during the 3rd quarter valued at about $35,000. Assetmark Inc. increased its position in JD.com by 62.0% during the 3rd quarter. Assetmark Inc. now owns 1,043 shares of the information services provider's stock valued at $36,000 after buying an additional 399 shares in the last quarter. Golden State Wealth Management LLC increased its position in JD.com by 657.9% during the 3rd quarter. Golden State Wealth Management LLC now owns 1,152 shares of the information services provider's stock valued at $40,000 after buying an additional 1,000 shares in the last quarter. Finally, Union Bancaire Privee UBP SA increased its position in JD.com by 136.0% during the 3rd quarter. Union Bancaire Privee UBP SA now owns 1,180 shares of the information services provider's stock valued at $41,000 after buying an additional 680 shares in the last quarter. 15.98% of the stock is currently owned by hedge funds and other institutional investors.

JD.com Price Performance

Shares of JD stock opened at $28.93 on Monday. The stock's 50-day simple moving average is $27.83 and its 200-day simple moving average is $29.85. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.91 and a current ratio of 1.22. The firm has a market capitalization of $41.44 billion, a PE ratio of 16.44, a P/E/G ratio of 8.35 and a beta of 0.36. JD.com, Inc. has a fifty-two week low of $24.51 and a fifty-two week high of $39.27.

JD.com (NASDAQ:JD - Get Free Report) last announced its quarterly earnings data on Saturday, February 14th. The information services provider reported $0.04 earnings per share for the quarter. The business had revenue of $50.35 billion for the quarter. JD.com had a return on equity of 7.56% and a net margin of 1.48%. Equities analysts expect that JD.com, Inc. will post 3.91 earnings per share for the current year.

JD.com Increases Dividend

The company also recently disclosed an annual dividend, which will be paid on Wednesday, April 29th. Stockholders of record on Thursday, April 9th will be issued a $1.00 dividend. This is a boost from JD.com's previous annual dividend of $0.76. This represents a dividend yield of 353.0%. The ex-dividend date of this dividend is Thursday, April 9th. JD.com's dividend payout ratio is currently 55.68%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on JD. Wall Street Zen lowered JD.com from a "hold" rating to a "sell" rating in a research report on Saturday, March 7th. Citigroup reduced their target price on JD.com from $44.00 to $37.00 and set a "buy" rating on the stock in a research report on Friday, January 2nd. Morgan Stanley reaffirmed an "underweight" rating and set a $22.00 target price on shares of JD.com in a research report on Thursday, March 5th. HSBC reaffirmed a "buy" rating and set a $37.00 target price on shares of JD.com in a research report on Monday, December 29th. Finally, Weiss Ratings raised JD.com from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Monday, March 23rd. Eleven analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $36.36.

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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