JD.com, Inc. (NASDAQ:JD) Shares Sold by Two Sigma Advisers LP

Two Sigma Advisers LP lowered its stake in shares of JD.com, Inc. (NASDAQ:JD - Free Report) by 76.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,486,600 shares of the information services provider's stock after selling 4,820,100 shares during the quarter. Two Sigma Advisers LP owned approximately 0.09% of JD.com worth $51,540,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. Park Avenue Securities LLC lifted its stake in JD.com by 68.8% during the fourth quarter. Park Avenue Securities LLC now owns 38,125 shares of the information services provider's stock worth $1,322,000 after purchasing an additional 15,542 shares during the last quarter. Brooklyn Investment Group bought a new position in JD.com during the fourth quarter worth $34,000. FLC Capital Advisors bought a new position in JD.com during the fourth quarter worth $202,000. Aurora Investment Managers LLC. lifted its stake in JD.com by 3.7% during the fourth quarter. Aurora Investment Managers LLC. now owns 216,438 shares of the information services provider's stock worth $7,504,000 after purchasing an additional 7,789 shares during the last quarter. Finally, Ballentine Partners LLC lifted its stake in JD.com by 12.0% during the fourth quarter. Ballentine Partners LLC now owns 11,453 shares of the information services provider's stock worth $397,000 after purchasing an additional 1,226 shares during the last quarter. Institutional investors and hedge funds own 15.98% of the company's stock.

JD.com Stock Performance

Shares of NASDAQ JD traded down $0.34 during midday trading on Friday, reaching $33.35. 6,522,300 shares of the company traded hands, compared to its average volume of 14,058,599. JD.com, Inc. has a 52 week low of $24.13 and a 52 week high of $47.82. The stock has a 50-day moving average price of $36.22 and a 200 day moving average price of $37.59. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.17 and a quick ratio of 0.90. The company has a market cap of $52.60 billion, a price-to-earnings ratio of 10.55, a PEG ratio of 0.31 and a beta of 0.56.

JD.com Increases Dividend

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

Analysts Set New Price Targets

Several equities analysts recently issued reports on JD shares. Morgan Stanley set a $39.00 price objective on JD.com in a research note on Tuesday, May 13th. Wall Street Zen cut JD.com from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, February 11th. Susquehanna cut their target price on JD.com from $45.00 to $40.00 and set a "neutral" rating on the stock in a research note on Thursday, May 15th. Bank of America cut their target price on JD.com from $51.00 to $48.00 and set a "buy" rating on the stock in a research note on Wednesday, April 16th. Finally, Dbs Bank upgraded JD.com to a "strong-buy" rating in a research note on Wednesday, February 12th. Two analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $47.42.

JD.com 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.