JD.com, Inc. (NASDAQ:JD) Shares Sold by Ethic Inc.

Ethic Inc. trimmed its position in shares of JD.com, Inc. (NASDAQ:JD - Free Report) by 47.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 45,988 shares of the information services provider's stock after selling 40,859 shares during the period. Ethic Inc.'s holdings in JD.com were worth $1,594,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Clark Capital Management Group Inc. increased its stake in shares of JD.com by 53.5% during the fourth quarter. Clark Capital Management Group Inc. now owns 1,474,485 shares of the information services provider's stock worth $51,120,000 after buying an additional 513,667 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its stake in JD.com by 95.7% in the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 54,718 shares of the information services provider's stock valued at $1,897,000 after purchasing an additional 26,758 shares during the last quarter. CoreCap Advisors LLC increased its stake in JD.com by 188,579.2% in the fourth quarter. CoreCap Advisors LLC now owns 45,283 shares of the information services provider's stock valued at $1,570,000 after purchasing an additional 45,259 shares during the last quarter. Cetera Investment Advisers increased its stake in JD.com by 18.5% in the fourth quarter. Cetera Investment Advisers now owns 60,634 shares of the information services provider's stock valued at $2,102,000 after purchasing an additional 9,482 shares during the last quarter. Finally, Bridgefront Capital LLC purchased a new position in JD.com in the fourth quarter valued at approximately $297,000. 15.98% of the stock is currently owned by hedge funds and other institutional investors.

JD.com Stock Performance

Shares of NASDAQ JD traded down $0.80 during mid-day trading on Friday, hitting $33.55. 13,257,060 shares of the company were exchanged, compared to its average volume of 14,445,178. 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 stock has a 50 day simple moving average of $37.30 and a 200-day simple moving average of $37.88. JD.com, Inc. has a 1-year low of $24.13 and a 1-year high of $47.82. The firm has a market cap of $52.91 billion, a price-to-earnings ratio of 10.62, 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. Shareholders of record on Tuesday, April 8th were issued a $0.76 dividend. The ex-dividend date was Tuesday, April 8th. This represents a yield of 1.7%. This is an increase from JD.com's previous annual dividend of $0.74. JD.com's dividend payout ratio (DPR) is 26.13%.

Analyst Ratings Changes

JD has been the topic of several recent analyst reports. Mizuho dropped their price target on shares of JD.com from $50.00 to $48.00 and set an "outperform" rating on the stock in a research note on Wednesday. Susquehanna lowered their target price on shares of JD.com from $45.00 to $40.00 and set a "neutral" rating on the stock in a research report on Thursday. Bank of America lowered their target price on shares of JD.com from $51.00 to $48.00 and set a "buy" rating on the stock in a research report on Wednesday, April 16th. Citigroup restated a "buy" rating and set a $51.00 target price (down from $56.00) on shares of JD.com in a research report on Monday, April 28th. Finally, Benchmark lowered their target price on shares of JD.com from $58.00 to $53.00 and set a "buy" rating on the stock in a research report on Wednesday. Two equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, JD.com presently has a consensus rating of "Moderate Buy" and a consensus price target of $47.42.

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.