Maple Rock Capital Partners Inc. Has $42.35 Million Stock Position in JD.com, Inc. (NASDAQ:JD)

Maple Rock Capital Partners Inc. decreased its position in shares of JD.com, Inc. (NASDAQ:JD - Free Report) by 65.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,221,638 shares of the information services provider's stock after selling 2,355,500 shares during the quarter. JD.com comprises about 1.3% of Maple Rock Capital Partners Inc.'s investment portfolio, making the stock its 14th largest holding. Maple Rock Capital Partners Inc. owned about 0.08% of JD.com worth $42,354,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Wahed Invest LLC raised its stake in shares of JD.com by 33.6% during the fourth 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 boosted its holdings in shares of JD.com by 22.0% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 18,688 shares of the information services provider's stock valued at $648,000 after acquiring an additional 3,364 shares in the last quarter. One68 Global Capital LLC acquired a new position in shares of JD.com during the fourth quarter valued at approximately $208,000. Rehmann Capital Advisory Group bought a new stake in JD.com during the fourth quarter worth approximately $212,000. Finally, Hhlr Advisors LTD. lifted its position in JD.com by 5.6% in the fourth quarter. Hhlr Advisors LTD. now owns 1,690,000 shares of the information services provider's stock worth $58,592,000 after purchasing an additional 90,000 shares during the period. Institutional investors and hedge funds own 15.98% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on JD shares. Citigroup restated a "buy" rating and issued a $51.00 price target (down previously from $56.00) on shares of JD.com in a research report on Monday, April 28th. UBS Group set a $51.00 price target on JD.com in a research report on Friday, March 7th. Bank of America cut their price objective on JD.com from $51.00 to $48.00 and set a "buy" rating on the stock in a report on Wednesday, April 16th. Macquarie reiterated a "neutral" rating and issued a $35.00 target price on shares of JD.com in a report on Wednesday, April 23rd. Finally, JPMorgan Chase & Co. upped 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, March 7th. Two 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 company. Based on data from MarketBeat, JD.com presently has a consensus rating of "Moderate Buy" and an average target price of $49.27.

JD.com Stock Down 1.2 %

Shares of JD traded down $0.41 during trading hours on Monday, hitting $34.06. 6,726,598 shares of the company were exchanged, compared to its average volume of 14,211,029. The firm's 50 day moving average is $38.60 and its 200-day moving average is $38.18. 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 52 week low of $24.13 and a 52 week high of $47.82. The company has a market cap of $53.72 billion, a PE ratio of 10.78, a PEG ratio of 0.31 and a beta of 0.56.

JD.com Increases Dividend

The business also recently declared an annual dividend, which was paid on Tuesday, April 29th. Shareholders of record on Tuesday, April 8th were issued a dividend of $0.76 per share. This represents a yield of 1.7%. The ex-dividend date of this dividend was 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 26.13%.

JD.com 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.