Janus Henderson Group PLC Invests $39.63 Million in JD.com, Inc. (NASDAQ:JD)

Janus Henderson Group PLC bought a new position in shares of JD.com, Inc. (NASDAQ:JD - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 1,143,182 shares of the information services provider's stock, valued at approximately $39,634,000. Janus Henderson Group PLC owned about 0.07% of JD.com at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Richardson Financial Services Inc. acquired a new stake in JD.com during the fourth quarter worth approximately $27,000. Brooklyn Investment Group acquired a new stake in shares of JD.com during the 4th quarter worth approximately $34,000. Nisa Investment Advisors LLC increased its stake in shares of 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 acquiring an additional 417 shares in the last quarter. Farther Finance Advisors LLC lifted 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 acquiring an additional 684 shares during the period. Finally, GeoWealth Management LLC boosted its stake in JD.com by 129.1% during the fourth quarter. GeoWealth Management LLC now owns 1,393 shares of the information services provider's stock worth $48,000 after acquiring an additional 785 shares in the last quarter. 15.98% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have weighed in on JD shares. Citigroup reaffirmed a "buy" rating and issued a $51.00 price target (down from $56.00) on shares of JD.com in a research note on Monday, April 28th. Mizuho decreased their target price on JD.com from $50.00 to $48.00 and set an "outperform" rating for the company in a research report on Wednesday, May 14th. Bank of America cut their price target on JD.com from $51.00 to $48.00 and set a "buy" rating on the stock in a report on Wednesday, April 16th. Benchmark decreased their price objective on JD.com from $58.00 to $53.00 and set a "buy" rating for the company in a report on Wednesday, May 14th. Finally, Macquarie reiterated a "neutral" rating and issued a $35.00 target price on shares of JD.com in a report on Wednesday, April 23rd. Two equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, JD.com has a consensus rating of "Moderate Buy" and an average price target of $47.42.

JD.com Stock Up 1.9%

JD.com stock traded up $0.65 during midday trading on Tuesday, hitting $34.34. 3,827,703 shares of the stock were exchanged, compared to its average volume of 14,321,930. JD.com, Inc. has a 52-week low of $24.13 and a 52-week high of $47.82. 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's 50-day moving average price is $37.02 and its 200-day moving average price is $37.74. The stock has a market capitalization of $54.16 billion, a price-to-earnings ratio of 10.86, a price-to-earnings-growth ratio of 0.31 and a beta of 0.56.

JD.com Increases Dividend

The firm also recently announced an annual dividend, which was paid on Tuesday, April 29th. Stockholders of record on Tuesday, April 8th were paid a $0.76 dividend. This represents a dividend yield of 1.7%. The ex-dividend date was Tuesday, April 8th. This is an increase from JD.com's previous annual dividend of $0.74. JD.com's payout ratio is presently 23.84%.

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.