Two Sigma Investments LP cut its stake in JD.com, Inc. (NASDAQ:JD - Free Report) by 64.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,292,010 shares of the information services provider's stock after selling 4,183,527 shares during the period. Two Sigma Investments LP owned about 0.15% of JD.com worth $79,464,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of JD. Temasek Holdings Private Ltd raised its holdings in shares of JD.com by 18.4% in the 4th quarter. Temasek Holdings Private Ltd now owns 4,625,490 shares of the information services provider's stock valued at $160,366,000 after purchasing an additional 718,760 shares in the last quarter. Scion Asset Management LLC acquired a new stake in JD.com in the fourth quarter valued at $10,401,000. Siemens Fonds Invest GmbH purchased a new stake in JD.com during the 4th quarter worth about $1,989,000. Quantinno Capital Management LP boosted its position in shares of JD.com by 32.4% during the 4th quarter. Quantinno Capital Management LP now owns 21,315 shares of the information services provider's stock worth $739,000 after acquiring an additional 5,210 shares in the last quarter. Finally, Patient Capital Management LLC acquired a new position in shares of JD.com during the 4th quarter worth about $3,467,000. 15.98% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several research firms recently weighed in on JD. Citigroup restated a "buy" rating and set a $51.00 target price (down previously from $56.00) on shares of JD.com in a research note on Monday, April 28th. Morgan Stanley set a $39.00 price objective on shares of JD.com in a research report on Tuesday, May 13th. Bank of America lowered their target price on shares of JD.com from $51.00 to $48.00 and set a "buy" rating for the company in a report on Wednesday, April 16th. JPMorgan Chase & Co. lifted their price target on shares of JD.com from $50.00 to $55.00 and gave the stock an "overweight" rating in a research note on Friday, March 7th. Finally, Dbs Bank upgraded shares of JD.com to a "strong-buy" rating in a research note on Wednesday, February 12th. Two investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, JD.com presently has an average rating of "Moderate Buy" and an average target price of $47.42.
Check Out Our Latest Stock Report on JD.com
JD.com Stock Performance
Shares of JD stock opened at $33.69 on Tuesday. JD.com, Inc. has a 52-week low of $24.13 and a 52-week high of $47.82. The stock's 50-day moving average price is $37.02 and its 200 day moving average price is $37.74. The company has a quick ratio of 0.90, a current ratio of 1.17 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $53.13 billion, a PE ratio of 10.66, a price-to-earnings-growth ratio of 0.31 and a beta of 0.56.
JD.com Increases Dividend
The business also recently declared an annual dividend, which was paid on Tuesday, April 29th. Stockholders of record on Tuesday, April 8th were paid a dividend of $0.76 per share. This represents a dividend yield of 1.7%. The ex-dividend date was Tuesday, April 8th. This is a boost from JD.com's previous annual dividend of $0.74. JD.com's dividend payout ratio is 23.84%.
JD.com Company Profile
(
Free Report)
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider JD.com, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and JD.com wasn't on the list.
While JD.com currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
