Itau Unibanco Holding S.A. Has $132,000 Stock Holdings in JD.com, Inc. (NASDAQ:JD)

Itau Unibanco Holding S.A. lowered its stake in shares of JD.com, Inc. (NASDAQ:JD - Free Report) by 96.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,800 shares of the information services provider's stock after selling 116,200 shares during the quarter. Itau Unibanco Holding S.A.'s holdings in JD.com were worth $132,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the stock. Richardson Financial Services Inc. bought a new position in shares of JD.com during the fourth quarter valued at approximately $27,000. Brooklyn Investment Group acquired a new position in JD.com during the 4th quarter worth $34,000. Nisa Investment Advisors LLC grew its position in JD.com by 71.5% in the 4th quarter. Nisa Investment Advisors LLC now owns 1,000 shares of the information services provider's stock valued at $35,000 after buying an additional 417 shares in the last quarter. Modus Advisors LLC bought a new position in shares of JD.com in the fourth quarter valued at approximately $41,000. Finally, Farther Finance Advisors LLC increased its position in shares of JD.com by 111.6% during the 4th quarter. Farther Finance Advisors LLC now owns 1,297 shares of the information services provider's stock valued at $45,000 after purchasing an additional 684 shares during the period. 15.98% of the stock is currently owned by institutional investors.

JD.com Price Performance

JD remained flat at $34.06 on Tuesday. The company had a trading volume of 11,012,643 shares, compared to its average volume of 14,198,307. JD.com, Inc. has a 12-month low of $24.13 and a 12-month high of $47.82. 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 stock's fifty day simple moving average is $38.44 and its two-hundred day simple moving average is $38.14. The company has a market capitalization of $53.72 billion, a PE ratio of 10.78, a price-to-earnings-growth ratio of 0.31 and a beta of 0.56.

JD.com Increases Dividend

The company also recently declared an annual dividend, which was paid on Tuesday, April 29th. Shareholders of record on Tuesday, April 8th were issued a dividend of $0.76 per share. This represents a yield of 1.7%. This is a boost from JD.com's previous annual dividend of $0.74. The ex-dividend date of this dividend was Tuesday, April 8th. JD.com's dividend payout ratio is 26.13%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Mizuho boosted their target price on shares of JD.com from $43.00 to $50.00 and gave the stock an "outperform" rating in a report on Friday, March 7th. Barclays upped their target price on JD.com from $50.00 to $55.00 and gave the company an "overweight" rating in a report on Friday, February 28th. Macquarie restated a "neutral" rating and set a $35.00 price objective on shares of JD.com in a report on Wednesday, April 23rd. Sanford C. Bernstein reissued an "outperform" rating on shares of JD.com in a research report on Friday, March 7th. Finally, Citigroup reiterated a "buy" rating and set a $51.00 price objective (down from $56.00) on shares of JD.com in a research report on Monday, April 28th. Two investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, JD.com currently has an average rating of "Moderate Buy" and an average target price of $49.27.

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.