JD.com, Inc. (NASDAQ:JD) Stock Holdings Increased by Man Group plc

Man Group plc increased its position in JD.com, Inc. (NASDAQ:JD - Free Report) by 5.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,145,670 shares of the information services provider's stock after acquiring an additional 108,022 shares during the period. Man Group plc owned approximately 0.14% of JD.com worth $74,390,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Park Avenue Securities LLC increased its stake in JD.com by 68.8% during the 4th quarter. Park Avenue Securities LLC now owns 38,125 shares of the information services provider's stock valued at $1,322,000 after buying an additional 15,542 shares during the period. Ritholtz Wealth Management increased its stake in JD.com by 51.1% during the 4th quarter. Ritholtz Wealth Management now owns 98,898 shares of the information services provider's stock valued at $3,429,000 after buying an additional 33,441 shares during the period. Brooklyn Investment Group acquired a new position in JD.com during the 4th quarter valued at about $34,000. Trium Capital LLP acquired a new position in JD.com during the 4th quarter valued at about $62,000. Finally, FLC Capital Advisors acquired a new position in JD.com during the 4th quarter valued at about $202,000. Institutional investors and hedge funds own 15.98% of the company's stock.

JD.com Trading Down 2.3%

Shares of JD traded down $0.80 during midday trading on Friday, hitting $33.55. The stock had a trading volume of 13,257,060 shares, compared to its average volume of 14,407,983. JD.com, Inc. has a fifty-two week low of $24.13 and a fifty-two week high of $47.82. The business has a 50-day simple moving average of $37.15 and a two-hundred day simple moving average of $37.83. The firm has a market cap of $52.91 billion, a P/E ratio of 10.62, a price-to-earnings-growth ratio of 0.31 and a beta of 0.56. The company has a current ratio of 1.17, a quick ratio of 0.90 and a debt-to-equity ratio of 0.18.

JD.com Increases Dividend

The business also recently declared an annual dividend, which was paid on Tuesday, April 29th. Stockholders of record on Tuesday, April 8th were given a $0.76 dividend. This represents a dividend yield of 1.7%. This is a positive change 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 Analyst Weigh In

Several equities analysts have commented on JD shares. 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 note on Wednesday, April 16th. JPMorgan Chase & Co. raised their price objective on shares of JD.com from $50.00 to $55.00 and gave the company an "overweight" rating in a research report on Friday, March 7th. Barclays raised their price objective 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. Sanford C. Bernstein restated an "outperform" rating on shares of JD.com in a research report on Friday, March 7th. Finally, Susquehanna reduced their price objective on shares of JD.com from $45.00 to $40.00 and set a "neutral" rating for the company in a research report on Thursday. Two research 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 stock. Based on data from MarketBeat, JD.com has an average rating of "Moderate Buy" and an average price target of $47.42.

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.