First Trust Advisors LP Has $4.47 Million Holdings in JD.com, Inc. (NASDAQ:JD)

First Trust Advisors LP lessened its position in shares of JD.com, Inc. (NASDAQ:JD - Free Report) by 12.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 128,945 shares of the information services provider's stock after selling 18,235 shares during the period. First Trust Advisors LP's holdings in JD.com were worth $4,471,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. FMR LLC increased its holdings in JD.com by 86.2% in the fourth quarter. FMR LLC now owns 28,447,641 shares of the information services provider's stock valued at $986,280,000 after buying an additional 13,170,649 shares during the last quarter. Appaloosa LP lifted its holdings in shares of JD.com by 43.4% in the 4th quarter. Appaloosa LP now owns 10,465,885 shares of the information services provider's stock worth $362,852,000 after purchasing an additional 3,165,885 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its position in JD.com by 76.9% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 3,313,700 shares of the information services provider's stock valued at $114,886,000 after purchasing an additional 1,440,418 shares during the period. North of South Capital LLP grew its stake in JD.com by 48.2% during the 4th quarter. North of South Capital LLP now owns 2,899,808 shares of the information services provider's stock worth $100,536,000 after buying an additional 942,629 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in shares of JD.com by 46.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,432,970 shares of the information services provider's stock worth $84,351,000 after acquiring an additional 771,613 shares during the last quarter. 15.98% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on JD shares. Benchmark increased their price target on JD.com from $47.00 to $58.00 and gave the stock a "buy" rating in a research note on Friday, March 7th. Citigroup reissued a "buy" rating and set a $51.00 target price (down from $56.00) on shares of JD.com in a research note on Monday, April 28th. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of JD.com in a report on Friday, March 7th. Dbs Bank raised JD.com to a "strong-buy" rating in a report on Wednesday, February 12th. Finally, Macquarie reissued a "neutral" rating and issued a $35.00 price target on shares of JD.com in a research note on Wednesday, April 23rd. Two equities 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 data from MarketBeat.com, JD.com presently has a consensus rating of "Moderate Buy" and a consensus target price of $49.27.

JD.com Price Performance

JD.com stock traded up $1.62 on Friday, reaching $34.47. The company's stock had a trading volume of 12,488,959 shares, compared to its average volume of 14,240,998. The business's fifty day moving average price is $38.60 and its 200 day moving average price is $38.19. 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 cap of $54.36 billion, a price-to-earnings ratio of 10.91, a PEG ratio of 0.31 and a beta of 0.56. JD.com, Inc. has a twelve month low of $24.13 and a twelve month high of $47.82.

JD.com Increases Dividend

The company also recently disclosed an annual dividend, which was paid on Tuesday, April 29th. Shareholders of record on Tuesday, April 8th were given a $0.76 dividend. This represents a yield of 1.7%. This is a positive change from JD.com's previous annual dividend of $0.74. The ex-dividend date was Tuesday, April 8th. JD.com's dividend payout ratio (DPR) is presently 26.13%.

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.