Vise Technologies Inc. purchased a new position in shares of JD.com, Inc. (NASDAQ:JD - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 17,001 shares of the information services provider's stock, valued at approximately $589,000.
Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Rhumbline Advisers raised its stake in JD.com by 1.7% during the fourth quarter. Rhumbline Advisers now owns 16,186 shares of the information services provider's stock worth $561,000 after acquiring an additional 265 shares in the last quarter. Quintet Private Bank Europe S.A. increased its position in shares of 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 purchasing an additional 334 shares in the last quarter. Nisa Investment Advisors LLC increased its position in shares of 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 purchasing an additional 417 shares in the last quarter. Sequoia Financial Advisors LLC lifted its holdings 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 valued at $353,000 after purchasing an additional 436 shares during the last quarter. Finally, Compagnie Lombard Odier SCmA boosted its position in JD.com by 57.0% in the fourth quarter. Compagnie Lombard Odier SCmA now owns 1,868 shares of the information services provider's stock valued at $65,000 after buying an additional 678 shares in the last quarter. Institutional investors own 15.98% of the company's stock.
JD.com Trading Up 4.3%
Shares of NASDAQ:JD traded up $1.36 during trading on Thursday, hitting $32.94. 18,195,679 shares of the company's stock were exchanged, compared to its average volume of 14,029,686. The company has a current ratio of 1.17, a quick ratio of 0.90 and a debt-to-equity ratio of 0.18. The firm has a market cap of $51.95 billion, a P/E ratio of 10.42, a PEG ratio of 0.31 and a beta of 0.56. The firm has a 50-day moving average price of $35.57 and a two-hundred day moving average price of $37.46. JD.com, Inc. has a 1-year low of $24.13 and a 1-year high of $47.82.
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. The ex-dividend date of this dividend was Tuesday, April 8th. This is a boost from JD.com's previous annual dividend of $0.74. This represents a dividend yield of 1.7%. JD.com's payout ratio is 23.84%.
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on JD shares. Wall Street Zen cut shares of JD.com from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, February 11th. Susquehanna decreased their target price on JD.com from $45.00 to $40.00 and set a "neutral" rating on the stock in a report on Thursday, May 15th. Bank of America lowered their target price on JD.com from $51.00 to $48.00 and set a "buy" rating for the company in a research note on Wednesday, April 16th. JPMorgan Chase & Co. reduced their price target on shares of JD.com from $48.00 to $42.00 and set an "overweight" rating on the stock in a research report on Tuesday. Finally, Mizuho lowered their price objective on shares of JD.com from $50.00 to $48.00 and set an "outperform" rating for the company in a research report on Wednesday, May 14th. Two research 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 MarketBeat.com, JD.com currently has a consensus rating of "Moderate Buy" and an average target price of $46.33.
View Our Latest Stock Report on JD
JD.com 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.
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