JD.com, Inc. (NASDAQ:JD) Shares Bought by XTX Topco Ltd

XTX Topco Ltd grew its position in JD.com, Inc. (NASDAQ:JD - Free Report) by 97.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,157 shares of the information services provider's stock after purchasing an additional 13,914 shares during the quarter. XTX Topco Ltd's holdings in JD.com were worth $976,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. KBC Group NV lifted its position in JD.com by 213.4% in the fourth quarter. KBC Group NV now owns 356,019 shares of the information services provider's stock valued at $12,343,000 after acquiring an additional 242,409 shares during the last quarter. Appaloosa LP grew its stake in JD.com by 43.4% during the 4th quarter. Appaloosa LP now owns 10,465,885 shares of the information services provider's stock worth $362,852,000 after buying an additional 3,165,885 shares during the last quarter. Van ECK Associates Corp lifted its stake in JD.com by 20.4% in the fourth quarter. Van ECK Associates Corp now owns 393,597 shares of the information services provider's stock valued at $13,646,000 after buying an additional 66,693 shares during the last quarter. Alberta Investment Management Corp grew its position in shares of JD.com by 25.4% during the fourth quarter. Alberta Investment Management Corp now owns 504,519 shares of the information services provider's stock worth $17,492,000 after acquiring an additional 102,326 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its position in JD.com by 76.9% in 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 last quarter. Institutional investors and hedge funds own 15.98% of the company's stock.

Analysts Set New Price Targets

JD has been the subject of several recent research reports. JPMorgan Chase & Co. increased their target price on shares of JD.com from $50.00 to $55.00 and gave the stock an "overweight" rating in a research note on Friday, March 7th. StockNews.com cut shares of JD.com from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, February 11th. Dbs Bank raised JD.com to a "strong-buy" rating in a research note on Wednesday, February 12th. Mizuho lifted their target price on shares of JD.com from $43.00 to $50.00 and gave the stock an "outperform" rating in a research report on Friday, March 7th. Finally, UBS Group set a $51.00 price target on shares of JD.com in a report on Friday, March 7th. One equities research analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus price target of $48.67.

JD.com Trading Down 3.3 %

Shares of JD traded down $1.15 during trading hours on Monday, hitting $33.58. The stock had a trading volume of 6,443,664 shares, compared to its average volume of 14,137,286. The company's fifty day simple moving average is $40.02 and its 200 day simple moving average is $38.88. The firm has a market cap of $52.95 billion, a P/E ratio of 10.63, a P/E/G ratio of 0.31 and a beta of 0.53. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.90 and a current ratio of 1.17. JD.com, Inc. has a 12-month low of $24.13 and a 12-month high of $47.82.

JD.com Increases Dividend

The firm also recently announced an annual dividend, which will be paid on Tuesday, April 29th. Stockholders of record on Tuesday, April 8th will be paid a $0.76 dividend. This represents a dividend yield of 1.7%. The ex-dividend date is Tuesday, April 8th. This is an increase 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.