Fisher Asset Management LLC lowered its position in JD.com, Inc. (NASDAQ:JD - Free Report) by 2.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,277,263 shares of the information services provider's stock after selling 86,395 shares during the quarter. Fisher Asset Management LLC owned 0.27% of JD.com worth $123,570,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also added to or reduced their stakes in the company. China Universal Asset Management Co. Ltd. raised its stake in JD.com by 146.3% during the third quarter. China Universal Asset Management Co. Ltd. now owns 1,754 shares of the information services provider's stock worth $51,000 after buying an additional 1,042 shares during the last quarter. Mizuho Securities Co. Ltd. grew its stake in JD.com by 468.8% in the third quarter. Mizuho Securities Co. Ltd. now owns 1,820 shares of the information services provider's stock valued at $53,000 after acquiring an additional 1,500 shares during the period. Spire Wealth Management increased its holdings in shares of JD.com by 81.3% during the third quarter. Spire Wealth Management now owns 2,166 shares of the information services provider's stock valued at $63,000 after acquiring an additional 971 shares in the last quarter. CWM LLC grew its position in JD.com by 69.3% in the 4th quarter. CWM LLC now owns 2,952 shares of the information services provider's stock valued at $85,000 after purchasing an additional 1,208 shares during the period. Finally, Compagnie Lombard Odier SCmA increased its stake in JD.com by 73.5% during the 4th quarter. Compagnie Lombard Odier SCmA now owns 3,850 shares of the information services provider's stock valued at $111,000 after purchasing an additional 1,631 shares in the last quarter. 15.98% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several equities research analysts recently issued reports on the company. Loop Capital decreased their price target on JD.com from $26.00 to $24.00 and set a "hold" rating for the company in a report on Friday, April 5th. JPMorgan Chase & Co. increased their target price on shares of JD.com from $25.00 to $28.00 and gave the company a "hold" rating in a research report on Friday, April 5th. Barclays lowered their price target on shares of JD.com from $45.00 to $35.00 and set an "overweight" rating on the stock in a report on Wednesday, January 31st. StockNews.com upgraded JD.com from a "hold" rating to a "buy" rating in a research note on Monday, April 8th. Finally, Benchmark restated a "buy" rating and issued a $55.00 target price on shares of JD.com in a research note on Tuesday, April 16th. Six investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $35.60.
Check Out Our Latest Analysis on JD.com
JD.com Price Performance
NASDAQ:JD traded up $0.23 during trading hours on Friday, hitting $32.87. 11,362,201 shares of the stock traded hands, compared to its average volume of 14,581,525. The stock has a 50 day moving average price of $26.42 and a 200 day moving average price of $25.89. The company has a quick ratio of 0.90, a current ratio of 1.16 and a debt-to-equity ratio of 0.14. The company has a market cap of $51.84 billion, a price-to-earnings ratio of 15.43, a price-to-earnings-growth ratio of 0.23 and a beta of 0.51. JD.com, Inc. has a 1 year low of $20.82 and a 1 year high of $41.95.
JD.com (NASDAQ:JD - Get Free Report) last posted its quarterly earnings data on Wednesday, March 6th. The information services provider reported $5.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $4.74. JD.com had a return on equity of 10.87% and a net margin of 2.22%. The business had revenue of $306.08 billion during the quarter, compared to analyst estimates of $300.21 billion. During the same period last year, the company earned $0.54 EPS. The company's revenue for the quarter was up 3.6% on a year-over-year basis. Sell-side analysts forecast that JD.com, Inc. will post 2.85 EPS for the current fiscal year.
JD.com Dividend Announcement
The firm also recently declared an annual dividend, which was paid on Monday, April 29th. Stockholders of record on Friday, April 5th were issued a $0.74 dividend. The ex-dividend date was Thursday, April 4th. This represents a dividend yield of 2.99%. JD.com's payout ratio is 34.74%.
JD.com Profile
(
Free Report)
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.
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