Axa S.A. Increases Stock Position in JD.com, Inc. (NASDAQ:JD)

AXA S.A. lifted its stake in shares of JD.com, Inc. (NASDAQ:JD - Free Report) by 27.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 285,988 shares of the information services provider's stock after purchasing an additional 61,020 shares during the period. AXA S.A.'s holdings in JD.com were worth $9,915,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the company. Alden Global Capital LLC grew its position in JD.com by 49.5% in the fourth quarter. Alden Global Capital LLC now owns 156,637 shares of the information services provider's stock worth $5,431,000 after acquiring an additional 51,892 shares in the last quarter. Wahed Invest LLC boosted its stake in shares of JD.com by 33.6% in the 4th quarter. Wahed Invest LLC now owns 22,594 shares of the information services provider's stock valued at $783,000 after purchasing an additional 5,685 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in shares of JD.com by 22.0% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 18,688 shares of the information services provider's stock valued at $648,000 after purchasing an additional 3,364 shares during the last quarter. One68 Global Capital LLC purchased a new stake in JD.com during the fourth quarter valued at about $208,000. Finally, Rehmann Capital Advisory Group purchased a new position in shares of JD.com in the fourth quarter worth about $212,000. Hedge funds and other institutional investors own 15.98% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on JD shares. Barclays boosted their price target on shares of JD.com from $50.00 to $55.00 and gave the company an "overweight" rating in a research report on Friday, February 28th. Susquehanna reiterated a "neutral" rating and set a $45.00 target price (up previously from $35.00) on shares of JD.com in a report on Wednesday, March 12th. Dbs Bank upgraded JD.com to a "strong-buy" rating in a research note on Wednesday, February 12th. UBS Group set a $51.00 price target on JD.com in a research note on Friday, March 7th. Finally, JPMorgan Chase & Co. raised their price objective on JD.com from $50.00 to $55.00 and gave the company an "overweight" rating in a research report 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 stock. Based on data from MarketBeat, JD.com currently has a consensus rating of "Moderate Buy" and an average target price of $49.27.

JD.com Trading Down 0.8 %

NASDAQ JD traded down $0.26 during trading on Friday, hitting $33.86. The stock had a trading volume of 6,674,442 shares, compared to its average volume of 14,232,909. The company has a market capitalization of $53.40 billion, a PE ratio of 10.72, 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. 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 firm has a 50 day moving average price of $37.98 and a 200 day moving average price of $38.04.

JD.com Increases Dividend

The firm 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 represents a yield of 1.7%. The ex-dividend date was Tuesday, April 8th. This is a boost from JD.com's previous annual dividend of $0.74. JD.com's dividend payout ratio (DPR) is currently 26.13%.

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.