JD.com, Inc. (NASDAQ:JD) Shares Acquired by International Assets Investment Management LLC

International Assets Investment Management LLC raised its holdings in JD.com, Inc. (NASDAQ:JD - Free Report) by 348.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 31,346 shares of the information services provider's stock after purchasing an additional 24,361 shares during the period. International Assets Investment Management LLC's holdings in JD.com were worth $906,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Spire Wealth Management lifted its holdings in shares of JD.com by 81.3% during the 3rd quarter. Spire Wealth Management now owns 2,166 shares of the information services provider's stock worth $63,000 after acquiring an additional 971 shares during the period. Compagnie Lombard Odier SCmA lifted its holdings in shares of 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 worth $111,000 after acquiring an additional 1,631 shares during the period. ICICI Prudential Asset Management Co Ltd lifted its holdings in shares of JD.com by 30.8% during the 3rd quarter. ICICI Prudential Asset Management Co Ltd now owns 4,035 shares of the information services provider's stock worth $118,000 after acquiring an additional 949 shares during the period. FNY Investment Advisers LLC increased its position in JD.com by 10.0% during the 4th quarter. FNY Investment Advisers LLC now owns 5,500 shares of the information services provider's stock worth $158,000 after purchasing an additional 502 shares in the last quarter. Finally, J.P. Morgan Private Wealth Advisors LLC acquired a new position in JD.com during the 3rd quarter worth approximately $214,000. Institutional investors own 15.98% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on JD. The Goldman Sachs Group began coverage on shares of JD.com in a research report on Thursday, April 25th. They set a "buy" rating and a $37.00 price objective for the company. Bank of America upped their price objective on shares of JD.com from $38.00 to $43.00 and gave the stock a "buy" rating in a research report on Friday. Nomura lowered their price objective on shares of JD.com from $36.00 to $33.00 in a research report on Friday, April 5th. HSBC upped their price objective on shares of JD.com from $38.00 to $39.00 and gave the stock a "buy" rating in a research report on Thursday, March 7th. Finally, Macquarie upgraded shares of JD.com from a "neutral" rating to an "outperform" rating and upped their price target for the company from $26.00 to $40.00 in a research report on Friday. Six analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, JD.com has a consensus rating of "Moderate Buy" and an average target price of $37.47.

JD.com Trading Up 2.9 %

Shares of JD traded up $1.00 during trading hours on Friday, hitting $35.27. 19,434,200 shares of the stock were exchanged, compared to its average volume of 14,238,827. JD.com, Inc. has a fifty-two week low of $20.82 and a fifty-two week high of $41.95. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.16 and a quick ratio of 0.90. The business has a 50-day moving average of $28.36 and a 200-day moving average of $26.40. The firm has a market capitalization of $55.63 billion, a P/E ratio of 16.59, a price-to-earnings-growth ratio of 0.27 and a beta of 0.51.

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 for the quarter, topping the consensus estimate of $0.56 by $4.74. The company had revenue of $306.08 billion during the quarter, compared to analysts' expectations of $300.21 billion. JD.com had a net margin of 2.22% and a return on equity of 10.87%. JD.com's revenue for the quarter was up 3.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.54 earnings per share. On average, research analysts expect that JD.com, Inc. will post 2.85 EPS for the current year.

JD.com Dividend Announcement

The business also recently announced an annual dividend, which was paid on Monday, April 29th. Investors of record on Friday, April 5th were paid a dividend of $0.74 per share. This represents a yield of 2.99%. The ex-dividend date was Thursday, April 4th. JD.com's dividend payout ratio is presently 34.74%.

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.