Hhlr Advisors LTD. Purchases 90,000 Shares of JD.com, Inc. (NASDAQ:JD)

Hhlr Advisors LTD. lifted its position in shares of JD.com, Inc. (NASDAQ:JD - Free Report) by 5.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,690,000 shares of the information services provider's stock after purchasing an additional 90,000 shares during the quarter. JD.com comprises 2.0% of Hhlr Advisors LTD.'s investment portfolio, making the stock its 12th biggest holding. Hhlr Advisors LTD. owned approximately 0.11% of JD.com worth $58,592,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Rhumbline Advisers boosted its holdings in JD.com by 1.7% in 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. boosted its holdings in JD.com by 4.5% in the fourth quarter. Quintet Private Bank Europe S.A. now owns 7,813 shares of the information services provider's stock worth $271,000 after acquiring an additional 334 shares in the last quarter. Nisa Investment Advisors LLC boosted its holdings in JD.com by 71.5% in the fourth quarter. Nisa Investment Advisors LLC now owns 1,000 shares of the information services provider's stock worth $35,000 after acquiring an additional 417 shares in the last quarter. Sequoia Financial Advisors LLC boosted its holdings in JD.com by 4.5% in the fourth quarter. Sequoia Financial Advisors LLC now owns 10,192 shares of the information services provider's stock worth $353,000 after acquiring an additional 436 shares in the last quarter. Finally, Crossmark Global Holdings Inc. raised its stake in shares of JD.com by 0.6% in the fourth quarter. Crossmark Global Holdings Inc. now owns 100,589 shares of the information services provider's stock worth $3,487,000 after purchasing an additional 597 shares during the last quarter. 15.98% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently weighed in on JD shares. Macquarie restated a "neutral" rating and issued a $35.00 price target on shares of JD.com in a research note on Wednesday, April 23rd. StockNews.com cut JD.com from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, February 11th. UBS Group set a $51.00 price target on JD.com in a research note on Friday, March 7th. Sanford C. Bernstein restated an "outperform" rating on shares of JD.com in a research note on Friday, March 7th. Finally, Benchmark boosted 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. Two equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, JD.com currently has an average rating of "Moderate Buy" and a consensus target price of $49.27.

JD.com Stock Performance

JD traded up $0.23 during midday trading on Thursday, reaching $32.85. The company had a trading volume of 6,784,453 shares, compared to its average volume of 14,286,469. 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 business has a 50-day moving average of $38.72 and a two-hundred day moving average of $38.24. The company has a market cap of $51.81 billion, a P/E ratio of 10.40, a P/E/G ratio of 0.31 and a beta of 0.53. 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 declared an annual dividend, which was paid on Tuesday, April 29th. Shareholders of record on Tuesday, April 8th were given a $0.76 dividend. This is a boost from JD.com's previous annual dividend of $0.74. The ex-dividend date was Tuesday, April 8th. This represents a yield of 1.7%. JD.com's dividend payout ratio is presently 26.13%.

JD.com Company 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.