Tidal Investments LLC Sells 25,471 Shares of JD.com, Inc. (NASDAQ:JD)

Tidal Investments LLC decreased its position in JD.com, Inc. (NASDAQ:JD - Free Report) by 74.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 8,565 shares of the information services provider's stock after selling 25,471 shares during the quarter. Tidal Investments LLC's holdings in JD.com were worth $297,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in JD. Rhumbline Advisers lifted its position in JD.com by 1.7% during the 4th quarter. Rhumbline Advisers now owns 16,186 shares of the information services provider's stock worth $561,000 after buying an additional 265 shares in the last quarter. Quintet Private Bank Europe S.A. lifted its position in JD.com by 4.5% during the 4th quarter. Quintet Private Bank Europe S.A. now owns 7,813 shares of the information services provider's stock worth $271,000 after buying an additional 334 shares in the last quarter. Nisa Investment Advisors LLC lifted its position in JD.com by 71.5% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,000 shares of the information services provider's stock worth $35,000 after buying an additional 417 shares in the last quarter. Sequoia Financial Advisors LLC lifted its position in JD.com by 4.5% during the 4th quarter. Sequoia Financial Advisors LLC now owns 10,192 shares of the information services provider's stock worth $353,000 after buying an additional 436 shares in the last quarter. Finally, Compagnie Lombard Odier SCmA lifted its position in JD.com by 57.0% during the 4th quarter. Compagnie Lombard Odier SCmA now owns 1,868 shares of the information services provider's stock worth $65,000 after buying an additional 678 shares in the last quarter. Institutional investors own 15.98% of the company's stock.

JD.com Stock Up 1.4%

NASDAQ JD traded up $0.45 during trading hours on Monday, reaching $32.86. 6,919,107 shares of the company's stock were exchanged, compared to its average volume of 13,943,125. The company's 50-day moving average is $35.19 and its two-hundred day moving average is $37.43. JD.com, Inc. has a one year low of $24.13 and a one year high of $47.82. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.90 and a current ratio of 1.17. The company has a market capitalization of $51.82 billion, a price-to-earnings ratio of 10.40, a price-to-earnings-growth ratio of 0.31 and a beta of 0.56.

JD.com Increases Dividend

The firm also recently announced 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 represents a yield of 1.7%. This is a boost from JD.com's previous annual dividend of $0.74. The ex-dividend date was Tuesday, April 8th. JD.com's dividend payout ratio is presently 23.84%.

Analyst Ratings Changes

A number of research analysts have issued reports on JD shares. Dbs Bank upgraded shares of JD.com to a "strong-buy" rating in a research report on Wednesday, February 12th. Benchmark cut their target price on shares of JD.com from $58.00 to $53.00 and set a "buy" rating on the stock in a research report on Wednesday, May 14th. Mizuho cut their target price on shares of JD.com from $50.00 to $48.00 and set an "outperform" rating on the stock in a research report on Wednesday, May 14th. Barclays upped their target price on shares of JD.com from $50.00 to $55.00 and gave the company an "overweight" rating in a research report on Friday, February 28th. Finally, Citigroup restated a "buy" rating and set a $51.00 target price (down from $56.00) on shares of JD.com in a research report on Monday, April 28th. Three research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $46.33.

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.