Warther Private Wealth LLC Has $826,000 Stock Position in JD.com, Inc. $JD

Key Points

• Warther Private Wealth LLC has reduced its stake in JD.com, Inc. by 94.6%, ending with 25,321 shares valued at $826,000, making JD.com only 0.2% of its total holdings.
• Numerous institutional investors are increasing their positions in JD.com, with Hhlr Advisors LTD raising its stake by 184.7% during the first quarter.
• Analysts have mixed views on JD.com, with Morgan Stanley lowering its price target from $39.00 to $28.00, while Citigroup issued a "buy" rating with a $42.00 price objective.

Warther Private Wealth LLC lowered its position in shares of JD.com, Inc. (NASDAQ:JD - Free Report) by 94.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 25,321 shares of the information services provider's stock after selling 443,625 shares during the quarter. JD.com accounts for 0.2% of Warther Private Wealth LLC's holdings, making the stock its 28th biggest position. Warther Private Wealth LLC's holdings in JD.com were worth $826,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of JD. Hhlr Advisors LTD. boosted its position in JD.com by 184.7% during the 1st quarter. Hhlr Advisors LTD. now owns 4,811,700 shares of the information services provider's stock worth $197,857,000 after acquiring an additional 3,121,700 shares during the last quarter. Voya Investment Management LLC boosted its position in JD.com by 63.8% during the 1st quarter. Voya Investment Management LLC now owns 5,181,775 shares of the information services provider's stock worth $213,075,000 after acquiring an additional 2,018,675 shares during the last quarter. Federated Hermes Inc. boosted its position in JD.com by 61.9% during the 1st quarter. Federated Hermes Inc. now owns 4,374,070 shares of the information services provider's stock worth $179,862,000 after acquiring an additional 1,671,839 shares during the last quarter. ANTIPODES PARTNERS Ltd boosted its position in JD.com by 112.8% during the 1st quarter. ANTIPODES PARTNERS Ltd now owns 2,942,624 shares of the information services provider's stock worth $121,010,000 after acquiring an additional 1,559,749 shares during the last quarter. Finally, Dodge & Cox boosted its holdings in shares of JD.com by 8.0% in the 1st quarter. Dodge & Cox now owns 18,062,949 shares of the information services provider's stock valued at $742,748,000 after buying an additional 1,339,508 shares during the last quarter. Institutional investors and hedge funds own 15.98% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Morgan Stanley cut their price objective on JD.com from $39.00 to $28.00 and set an "equal weight" rating for the company in a report on Thursday, July 10th. Weiss Ratings reissued a "hold (c)" rating on shares of JD.com in a report on Wednesday, October 8th. Citigroup assumed coverage on JD.com in a report on Monday, August 11th. They issued a "buy" rating and a $42.00 price objective for the company. Mizuho set a $41.00 price objective on JD.com in a report on Wednesday. Finally, Zacks Research raised JD.com from a "strong sell" rating to a "hold" rating in a report on Monday, September 8th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and five have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $41.92.

JD.com Trading Down 1.1%

Shares of JD.com stock opened at $32.46 on Thursday. The business has a fifty day simple moving average of $33.20 and a two-hundred day simple moving average of $33.21. JD.com, Inc. has a 1 year low of $29.90 and a 1 year high of $46.44. The company has a market capitalization of $46.50 billion, a price-to-earnings ratio of 9.12, a P/E/G ratio of 3.33 and a beta of 0.39. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.22 and a quick ratio of 0.90.

About JD.com

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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